Merchants Bancorp (MBIN) Beats Q4 Earnings and Revenue Estimates

Core Viewpoint - Merchants Bancorp (MBIN) reported quarterly earnings of $1.85 per share, significantly exceeding the Zacks Consensus Estimate of $1.27 per share, marking a 45.67% earnings surprise [1][2] Financial Performance - The company achieved revenues of $193.77 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 21.26%, compared to $158.78 million in the same quarter last year [2] - Over the last four quarters, Merchants Bancorp has exceeded consensus EPS estimates two times and revenue estimates two times [2] Stock Performance - Merchants Bancorp shares have increased approximately 11% since the beginning of the year, outperforming the S&P 500's gain of 2.2% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.16 on revenues of $157.34 million, and for the current fiscal year, it is $5.17 on revenues of $655.2 million [7] - The estimate revisions trend for Merchants Bancorp is currently unfavorable, resulting in a Zacks Rank 5 (Strong Sell), indicating expected underperformance in the near future [6] Industry Context - The Banks - Northeast industry, to which Merchants Bancorp belongs, is currently ranked in the top 9% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]