Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
27 October 2017Website:
http://www.merchantsbancorp.comNext earnings report:
26 July 2024Last dividends:
14 June 2024Next dividends:
N/APrice
after hours | Wed, 03 Jul 2024 17:01:29 GMTAnalysts recommendations
Institutional Ownership
MBIN Latest News
Merchants Bancorp's (MBIN) diverse revenue streams, solid loan pipeline and strong balance sheet are likely to aid its financials. This makes the stock an attractive pick for investors.
Merchants Bancorp (MBIN) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Merchants Bancorp (MBIN) shares have begun to rise and could potentially continue to increase in the short term, due to positive changes in earnings estimates.
Is Merchants Bancorp (MBIN) a top stock choice for momentum investors? Let's see.
Merchants Bancorp (MBIN) is a strong option for investors seeking stocks that are likely to continue their recent uptrend, as it has successfully passed our "Recent Price Strength" screen.
The headline figures for Merchants Bancorp (MBIN) offer a glimpse into the company's performance in the first quarter of 2024, but it could be beneficial to evaluate certain key metrics against Wall Street forecasts and previous year's results.
Merchants Bancorp (MBIN) reported quarterly earnings of $1.80 per share, surpassing the Zacks Consensus Estimate of $1.38 per share. This is an increase from earnings of $1.07 per share in the same quarter last year.
Merchants Bancorp (MBIN) announces a dividend hike of 13% to 9 cents per share. Given the decent liquidity and balance sheet position, this looks sustainable in the long run.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Merchants Bancorp (MBIN) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Although the revenue and EPS for Merchants Bancorp (MBIN) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
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What type of business is Merchants Bancorp?
Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
What sector is Merchants Bancorp in?
Merchants Bancorp is in the Financial Services sector
What industry is Merchants Bancorp in?
Merchants Bancorp is in the Banks - Regional industry
What country is Merchants Bancorp from?
Merchants Bancorp is headquartered in United States
When did Merchants Bancorp go public?
Merchants Bancorp initial public offering (IPO) was on 27 October 2017
What is Merchants Bancorp website?
https://www.merchantsbancorp.com
Is Merchants Bancorp in the S&P 500?
No, Merchants Bancorp is not included in the S&P 500 index
Is Merchants Bancorp in the NASDAQ 100?
No, Merchants Bancorp is not included in the NASDAQ 100 index
Is Merchants Bancorp in the Dow Jones?
No, Merchants Bancorp is not included in the Dow Jones index
When does Merchants Bancorp report earnings?
The next expected earnings date for Merchants Bancorp is 26 July 2024