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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Merchants Bancorp (MBIN) delivered earnings and revenue surprises of 0% and 0.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Merchants Bancorp (MBIN) Q3 Earnings Match Estimates

Third quarter 2022 net income of $58.5 million was equal to the third quarter of 2021 and increased 8% compared to the second quarter of 2022 Third quarter 2022 diluted earnings per common share of $1.22 was equal to the third quarter of 2021 and increased 10% compared to the second quarter of 2022 Total assets of $12.0 billion increased 8% compared to June 30, 2022, and increased 6% compared to December 31, 2021 Return on average assets was 2.05% in the third quarter of 2022 compared to 2.29% in the third quarter of 2021 and 2.20% in the second quarter of 2022 Net interest margin was 3.05% in the third quarter of 2022 compared to 2.73% in the third quarter of 2021 and 3.03% in the second quarter of 2022 Tangible book value per common share of $20.78 increased 23% compared to $16.91 in the third quarter of 2021 and increased 5% compared to $19.70 in the second quarter of 2022 Completed 8.25% Series D preferred stock offering in September 2022, raising approximately $137.4 million of new capital, net of $5.1 million in offering costs Sold $1.2 billion of multi-family bridge loans into a private securitization via a real estate mortgage investment conduit (REMIC). As part of the transaction, purchased a $1.0 billion senior investment security that is expected to be held to maturity.

Merchants Bancorp Reports Third Quarter 2022 Results

Cabaletta Bio

CNB Financial Corp.

Enviva Partners

Dave & Buster's

According to the Insider Cluster Buys screen, a Premium feature of GuruFocus, five stocks that had a high number of company insiders buying shares over the past month were CNB Financial Corp. ( CCNE , Financial), Enviva Inc. ( EVA , Financial), Merchants Bancorp ( MBIN , Financial), Cabaletta Bio Inc. ( CABA , Financial) and Dave & Buster's Entertainment Inc. ( PLAY , Financial).

5 Stocks Insiders Are Buying in October

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.

Merchants Bancorp (MBIN) to Report Q3 Results: What You Should Expect

CARMEL, Ind. , Oct. 5, 2022 /PRNewswire/ -- (Nasdaq: MBIN) Merchants Capital is pleased to announce the closing of Merchants Capital Tax Credit Equity Fund X, L.P.

Merchants Capital Closes $180M Multi-Investor Fund to Support Over 2,400 Affordable Homes in 12 States

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?

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.

News for Merchants Bancorp Stock (MBIN)