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Taxonomy & unit
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us-gaap: USD
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Description
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The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
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Summary
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Merchants Bancorp quarterly/annual Depreciation history and growth rate from Q1 2017 to Q1 2024.
- Merchants Bancorp Depreciation for the quarter ending March 31, 2024 was $725K, a 5.69% increase year-over-year.
- Merchants Bancorp annual Depreciation for 2023 was $2.85M, a 14.8% increase from 2022.
- Merchants Bancorp annual Depreciation for 2022 was $2.49M, a 13.4% increase from 2021.
- Merchants Bancorp annual Depreciation for 2021 was $2.19M, a 15.6% increase from 2020.
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)