Merchants Bancorp (MBIN) Q2 Earnings Miss Estimates

Merchants Bancorp (MBIN) came out with quarterly earnings of $0.6 per share, missing the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $1.49 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -46.43%. A quarter ago, it was expected that this bank holding company would post earnings of $1.25 per share when it actually produced earnings of $0.93, delivering a surprise of -25.6%.Over the last four quarter ...