Merchants Bancorp

MBIN

US58844R1086

Banks

Market Closed - Nasdaq Other stock markets 01:30:00 21/06/2024 am IST			5-day change	1st Jan Change
40.04 ^USD	-0.32%		-1.69%	-5.97%

21/05	Sector Update: Financial Stocks Higher Late Afternoon	MT
21/05	Farmers & Merchants Bancorp Chair Jack Johnson Retires; Andrew Biggs Named Successor	MT

Merchants Bancorp: Q4 Earnings Snapshot

January 31, 2023 at 04:13 am IST

CARMEL, Ind. (AP) _ Merchants Bancorp (MBIN) on Monday reported fourth-quarter earnings of $57.2 million.

The Carmel, Indiana-based bank said it had earnings of $1.12 per share.

The bank holding company posted revenue of $204.4 million in the period. Its revenue net of interest expense was $118.4 million, which beat Street forecasts.

For the year, the company reported profit of $219.7 million, or $4.47 per share. Revenue was reported as $444.5 million.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBIN at https://www.zacks.com/ap/MBIN

Latest news about Merchants Bancorp

Sector Update: Financial Stocks Higher Late Afternoon	22/05	MT
Farmers & Merchants Bancorp Chair Jack Johnson Retires; Andrew Biggs Named Successor	21/05	MT
Piper Sandler Cuts Price Target on Merchants Bancorp to $56 From $58.50, Keeps Overweight Rating	17/05	MT
Merchants Bancorp Keeps Quarterly Dividend at $0.09 a Share, Payable on July 1 to Shareholders of Record on June 14	17/05	MT
Merchants Bancorp Declares Quarterly Common for the Second Quarter of 2024, Payable on July 1, 2024	17/05	CI
Merchants Bancorp Prices $98 Million Common Stock Offering	14/05	MT
Merchants Bancorp Plans Public Offering of 2.4 Million Common Shares; Stock Sliding Over 9% in Extended Trade	14/05	MT
Sector Update: Financial Stocks Decline Late Afternoon	01/05	MT
Merchants Bancorp Shares Rise After Q1 Results Beat	01/05	MT
Merchants Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024	30/04	CI
North American Morning Briefing : Powell Comments, -2-	16/04	DJ
Farmers & Merchants Bancorp Keeps Quarterly Dividend at $0.22 a Share, Payable April 20 to Holders of Record March 29	20/03	MT
John F. Macke to Retire as Chief Financial Officer of Merchants Bancorp, on or Before September 30, 2024	08/03	CI
John F. Macke to Retire as Executive Vice President, and Principal Accounting Officer of Merchants Bancorp, on or Before September 30, 2024	08/03	CI
Sector Update: Financial Stocks Gain Pre-Bell Thursday	15/02	MT
Merchants Bancorp Ups Quarterly Dividend to $0.09 Per Share; Payable April 1 to Shareholders of Record March 15	15/02	MT
Merchants Bancorp Increases Quarterly Common Dividend, Payable on April 1, 2024	15/02	CI
Earnings Flash (FMAO) FARMERS & MERCHANTS BANCORP Posts Q4 EPS $0.41	14/02	MT
Raymond James Raises Price Target on Merchants Bancorp to $55 From $44, Maintains Strong Buy Rating	30/01	MT
Merchants Bancorp's Q4 Earnings, Revenue Rise	30/01	MT
Merchants Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	30/01	CI
Merchants Bancorp Reports Earnings Results for the Full Year Ended December 31, 2023	30/01	CI
North American Morning Briefing : Cautious Start to Fully-Booked Week	29/01	DJ
CBI Bank & Trust completed the acquisition of Farmers-Merchants Bank of Illinois from Merchants Bancorp.	26/01	CI
Farmers & Merchants Bancorp Raises Quarterly Dividend by 4.8% to $0.22 a Share; Payable Jan. 20 to Holders of Record on Dec. 29	20/12	MT

Merchants Bancorp is a diversified bank holding company. The Company conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. The Company's segments include Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing (through this segment it also serves as a syndicator of low-income housing tax credit and debt funds); Mortgage Warehousing that offers mortgage warehouse financing, commercial loans, and deposit services, and Banking that offers portfolio lending for multi-family and healthcare facility loans, retail and correspondent residential mortgage banking, agricultural lending, Small Business Administration (SBA) lending, and traditional community banking.

Sector

Banks

Calendar

25/07/2024 - Q2 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Merchants Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

40.17 USD

Average target price

55.5 USD

Spread / Average Target

+38.16%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Banks

	1st Jan change	Capi.
MERCHANTS BANCORP	-5.97%	1.84B
BANK OF AMERICA CORPORATION	+18.77%	313B
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED	+19.90%	255B
CHINA CONSTRUCTION BANK CORPORATION	+24.52%	188B
BANK OF CHINA LIMITED	+30.54%	172B
HSBC HOLDINGS PLC	+9.68%	162B
HDFC BANK LIMITED	-2.33%	151B
ROYAL BANK OF CANADA	+5.61%	146B
COMMONWEALTH BANK OF AUSTRALIA	+14.27%	142B
CHINA MERCHANTS BANK CO., LTD.	+22.25%	118B

Other Banks