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MBIN — Merchants Bancorp News Story

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Merchants Bancorp reports results for the quarter ended June 30 - Earnings Summary

Merchants Bancorp MBIN.OQ reported quarterly adjusted earnings of 60 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.49.  The mean expectation of three analysts for the quarter was for earnings of $1.12 per share. Wall Street expected results to range from $1.04  to $1.18 per share.

Revenue fell 4% to $153.09 million from a year ago; analysts expected $161.10 million.

Merchants Bancorp's reported EPS for the quarter was 60 cents​.

The company reported quarterly net income of $27.72 million.

Merchants Bancorp shares had risen by 4.9% this quarter and lost 4.9% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 9.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Merchants Bancorp is $41.00, about 15.4% above its last closing price of $34.69

This summary was machine generated from LSEG data July 28 at 09:06 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.120.60Missed
Mar. 31 20251.251.04Missed
Dec. 31 20241.291.85Beat
Sep. 30 20241.421.17Missed

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