Merchants Bancorp expected to post earnings of $1.29 a share - Earnings Preview

Merchants Bancorp

27/01/2025 11:01

* Merchants Bancorp  MBIN.OQ   MBIN.O  is expected to show a
rise
in quarterly revenue when it reports  results on January 29
(estimated) for the period ending December 31 2024
    * The Carmel Indiana-based  company is expected to report a
4.5% increase in revenue to $158.8 million from $152.03 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL Represents Operating Revenue)
    * ​LSEG's mean analyst estimate for Merchants Bancorp is for
earnings of $1.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Merchants
Bancorp
is $50.00​, above​ its last closing price of $39.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.40        1.42       1.17      Missed  -17.8
 Jun. 30 2024  1.56        1.57       1.49      Missed  -4.9
 Mar. 31 2024              1.37       1.80      Beat    31.8​
 Dec. 31 2023  1.44        1.44       1.58      Beat    9.8
 ​​Sep.        1.32        1.32       1.68      Beat    27.1
 30 2023                                                
 Jun. 30 2023  1.23        1.23       1.31      Beat    6.7​
 Mar. 31 2023  1.13        1.13       1.07      Missed  -5.2
 Dec. 31 2022  1.07        1.07       1.12      Beat    5
 This summary was machine generated January 27 at 11:01 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)