Merchants Bancorp (MBIN) is well-positioned for growth on its diversified client base and revenue streams, strong liquidity and capital base. Moreover, a decent loan pipeline and initiatives to reduce interest rate risks are positives. Over the past week, the Zacks Consensus Estimate for 2024 and 2025 earnings has remained unchanged at $6.38 and $6.14, respectively. MBIN currently sports a Zacks Rank #1 (Strong Buy). Over the past six months, shares of Merchants Bancorp have gained 8.5% against the industry ...

Understanding Hammer Chart and the Technique to Trade It Here's What Makes the Trend Reversal More Likely for MBIN An upward trend in earnings estimate revisions that MBIN has been witnessing lately can certainly be considered a bullish indicator on the fundamental side. That's because empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The formation of a hammer pattern is considered a technical indication of nearing a bottom with ...

CARMEL, Ind., May 16, 2024 /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 declared the following quarterly cash dividends for the second quarter of 2024, in each case to shareholders of record on June 14, 2024, payable on July 1, 2024: A dividend of $0.09 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of ...

CARMEL, Ind., May 13, 2024 /PRNewswire/ -- Merchants Bancorp (Nasdaq: MBIN) ("Merchants" or the "Company"), a holding company that operates through its wholly owned banking subsidiary, Merchants Bank of Indiana (the "Bank"), announced today the pricing of the previously announced underwritten public offering of 2,400,000 shares of its common stock, without par value, at a public offering price of $43.00 per share. The expected proceeds to the Company, after deducting underwriting discounts and commissions b ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to _______________ Commission File No. 001-38258 MERCHANTS BANCORP (Exact name of registrant as specified in its charter) Indi ...

Merchants Bancorp (MBIN) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this bank holding company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings es ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. -- ...

For the quarter ended March 2024, Merchants Bancorp (MBIN) reported revenue of $167.93 million, up 46.1% over the same period last year. EPS came in at $1.80, compared to $1.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $144.15 million, representing a surprise of +16.50%. The company delivered an EPS surprise of +30.43%, with the consensus EPS estimate being $1.38.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...

Merchants Bancorp (MBIN) came out with quarterly earnings of $1.80 per share, beating the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $1.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 30.43%. A quarter ago, it was expected that this bank holding company would post earnings of $1.44 per share when it actually produced earnings of $1.58, delivering a surprise of 9.72%.Over the last four quarters ...