Merchants Bancorp expected to post earnings of $1.32 a share - Earnings Preview

Merchants Bancorp

23/10/2023 13:36

* Merchants Bancorp  MBIN.OQ   MBIN.O  is expected to show a
rise
in quarterly revenue when it reports  results 
    * The Carmel Indiana-based  company is expected to report  a
18.3% increase in revenue to $135.55 million from $114.57
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Merchants Bancorp
is for
earnings of $1.32 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 $39.5​, above​ its last closing price of $26.45. ​​​

This summary was machine generated October 23 at 12:36 GMT.  All
figures in US dollars  unless otherwise stated