Merchants Bancorp

Merchants Bancorp is a bank holding company, which specializes in multiple lines of business in banking and finance. It operates through the following segments: Multi-Family Mortgage Banking, Mortgage Warehousing and Banking. The Multi-Family Mortgage Banking segment engages in mortgage banking, specializing in originating and servicing loans for multi-family rental housing and healthcare facility financing, particularly for senior living properties. The Mortgage Warehousing segment funds agency eligible loans for non-depository financial institutions from the date of origination or purchase until the date of sale to an investor. The Banking segment refers to financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage, and other consumer loan products, and letters of credit and various types of deposit products, including checking, savings and time deposit accounts. The company was founded by Michael Petrie and Randall D. Rogers in 1990 and is headquartered in Carmel, IN.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

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Merchants Bancorp is a bank holding company, which specializes in multiple lines of business in banking and finance. It operates through the following segments: Multi-Family Mortgage Banking, Mortgage Warehousing, Banking, and Other. The Multi-Family Mortgage Banking segment deals with mortgage banking, specializing in originating and servicing loans for multi-family rental housing and healthcare facility financing, particularly for senior living properties. The Mortgage Warehousing segment funds agency eligible loans for non-depository financial institutions from the date of origination or purchase until the date of sale to an investor. The Banking segment refers to financial products and services to consumers and businesses, including commercial, commercial real estate, mortgage, and other consumer loan products, and letters of credit and various types of deposit products, including checking, savings and time deposit accounts. The company was founded by Michael Petrie and Randall D. Rogers in 1990 and is headquartered in Carmel, IN.

CARMEL, Ind. , Sept. 23, 2022 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana ("Merchants Bank"), announced the pricing of an underwritten public offering of 5,200,000 depositary shares, each representing a 1/40th ownership interest in a share of its 8.25% Fixed Rate Reset Series D Non-Cumulative Perpetual Preferred Stock, without par value (the "Series D preferred stock"), with a liquidation preference of $25.00 per depositary share.

Merchants Bancorp Prices Perpetual Preferred Stock Offering

CARMEL, Ind. , Sept. 22, 2022 /PRNewswire/ -- Merchants Bancorp ("Merchants") (NASDAQ: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that Merchants Bank completed a private securitization of $1.2 billion of first-lien floating-rate multifamily bridge loans via a real estate mortgage investment conduit (REMIC).

Merchants Bank Completes Private Securitization of $1.2 billion in Multifamily Loans

Merchants Bancorp (MBIN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Will Merchants Bancorp (MBIN) Gain on Rising Earnings Estimates?

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 23.33% and 19.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Merchants Bancorp (MBIN) Surpasses Q2 Earnings and Revenue Estimates

Second quarter 2022 net income of $53.9 million increased 5% compared to the second quarter of 2021 and increased 8% compared to the first quarter of 2022 Second quarter 2022 diluted earnings per common share of $1.11 increased 5% compared to the second quarter of 2021 and increased 9% compared to the first quarter of 2022 Total assets of $11.1 billion increased 15%, compared to March 31, 2022, and decreased 2% compared to December 31, 2021 Return on average assets was 2.20% in the second quarter of 2022 compared to 2.14% in the second quarter of 2021 and 1.92% in the first quarter of 2022 Net interest margin was 3.03% in the second quarter of 2022 compared to 2.75% in the second quarter of 2021 and 2.62% in the first quarter of 2022 Tangible book value per common share of $19.70 increased 25% compared to $15.73 in the second quarter of 2021 and increased 5% compared to $18.70 in the first quarter of 2022 Credit quality remained strong, as nonperforming loans represented 0.07% of loans receivable compared to 0.08% at March 31, 2022 and 0.01% at December 31, 2021 During the second quarter 2022, the Company repurchased $3.9 million of its common shares On May 5, 2022, the Company completed a $214 million Commercial Mortgage Backed Securities (CMBS) securitization of 14 multifamily mortgage loans secured by 24 mortgaged properties through a Freddie Mac-sponsored Q-Series transaction CARMEL, Ind., July 28, 2022 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported second quarter 2022 net income of $53.9 million, or diluted earnings per common share of $1.11.

Merchants Bancorp Reports Second Quarter 2022 Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Merchants Bancorp (MBIN) a Great Value Stock Right Now?

Merchants Bancorp (MBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Merchants Bancorp (MBIN) Q2 Earnings Expected to Decline

Customers Bancorp

First Citizens BancShares

Chief executives at three regional banks have bought their own companies' stock last month.

3 Bank CEOs Gobble Up Their Own Stock

CARMEL, Ind. , May 23, 2022 /PRNewswire/ -- (NASDAQ:MBIN) Leading financial services provider Merchants Capital (MCC), along with Merchants Bank of Indiana (MBI), announces today that it has completed a $214 million Commercial Mortgage Backed Securities (CMBS) securitization of 14 multifamily mortgage loans secured by 24 mortgaged properties through a Freddie Mac-sponsored Q-Series transaction.

Merchants Capital Completes $214MM Freddie Mac Q-Series Transaction

CARMEL, Ind. , May 19, 2022 /PRNewswire/ -- Merchants Bancorp (NASDAQ: MBIN) (the "Company" or "Merchants"), parent company of Merchants Bank of Indiana, today announces the appointment of Tamika Catchings and Thomas Dinwiddie to the Company's board of directors.

Tamika Catchings and Thomas Dinwiddie Appointed to the Merchants Bancorp Board of Directors

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 2% and 0.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Merchants Bancorp (MBIN) Tops Q1 Earnings Estimates

First quarter 2022 net income of $50.1 million decreased 19% compared to the first quarter of 2021 and decreased 9% compared to the fourth quarter of 2021 First quarter 2022 diluted earnings per common share of $1.02 decreased 24% compared to the first quarter of 2021 and decreased 11% compared to the fourth quarter of 2021 Total assets of $9.7 billion decreased 1%, compared to March 31, 2021, and decreased 14% compared to December 31, 2021 Return on average assets was 1.92% in the first quarter of 2022 compared to $2.49% in the first quarter of 2021 and 2.02% in the fourth quarter of 2021 Tangible book value per common share of $18.70 increased 27% compared to $14.72 in the first quarter of 2021 and increased 4% compared to $17.96 in the fourth quarter of 2021 Credit quality remained strong, as nonperforming loans represented 0.08% of loans receivable compared to 0.08% at March 31, 2021 and 0.01% at December 31, 2021 Quarterly dividends were increased by 17%, to $.07 per common share The Company was recognized as the 2021 best-performing bank in the U.S. among public U.S. banks with more than $10 billion in assets, according to the 2021 S&P Global Market Intelligence Ranking CARMEL, Ind. , April 28, 2022 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported first quarter 2022 net income of $50.1 million, or diluted earnings per common share of $1.02.

Merchants Bancorp Reports First Quarter 2022 Results

CARMEL, Ind. , March 24, 2022 /PRNewswire/ -- Merchants Bancorp (NASDAQ: MBIN) today announces it has been recognized as the best-performing bank in the country according to the 2021 S&P Global Market Intelligence Ranking, an annual ranking that assesses the performance of community banks and credit unions across the nation.

Merchants Bancorp Takes First Place in US Bank Performance Ranking for 2021

Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the first quarter of 2022, in each case to shareholders of record on March 15, 2022, payable on April 1, 2022

Merchants Bancorp Increases Quarterly Common Dividend by 17%; Declares Quarterly Common and Preferred Dividends

CARMEL, Ind., Feb. 14, 2022 /PRNewswire/ -- (Nasdaq: MBIN) Merchants Capital closed a record $7 billion in debt production in 2021, shattering the firm's previous record of $4.7 billion in financing in 2020.

Merchants Capital Provides Record $7 Billion in Debt Financing in 2021

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 61.32% and 14.52%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Merchants Bancorp (MBIN) Q4 Earnings and Revenues Surpass Estimates

CARMEL, Ind., Jan. 31, 2022 /PRNewswire/ -- Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported fourth quarter 2021 net income of $55.2 million, or diluted earnings per common share of $1.71 (or $1.14 after adjusting for its 3:2 stock split in January 2022).

Merchants Bancorp Reports Full Year and Fourth Quarter 2021 Results

Earnings Preview: Merchants Bancorp (MBIN) Q4 Earnings Expected to Decline

Merchants Bancorp (MBIN) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Merchants Bancorp (MBIN) Is a Great Choice for "Trend" Investors, Here's Why

CARMEL, Ind., Dec. 22, 2021 /PRNewswire/ -- (Nasdaq: MBIN) Merchants Capital announced today the closing of two tax credit equity funds totaling more than $233.4 million.

Merchants Capital Closes Two Tax Credit Equity Funds Totaling $233.4 Million

Merchants Bancorp (MBIN) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Merchants Bancorp (MBIN) Moves to Strong Buy: Rationale Behind the Upgrade

Merchants Bancorp's (MBIN) board approves a renewal and increase in the share repurchase plan. The company also announces a three-for-two stock split.

Merchants (MBIN) Approves Stock Split & Renewal of Buyback Plan

CARMEL, Ind., Nov. 17, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors approved the renewal and increase of the stock repurchase program of up to $75 million of common stock, expiring December 31, 2023.

Merchants Bancorp Announces Renewal of Stock Repurchase Program

CARMEL, Ind., Nov. 17, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors approved a 3-for-2 common stock split.

News for Merchants Bancorp Stock (MBIN)