Merchants Bancorp (MBIN) Q2 Earnings Miss Estimates

Group 1: Earnings Performance - Merchants Bancorp reported quarterly earnings of $0.6 per share, missing the Zacks Consensus Estimate of $1.12 per share, and down from $1.49 per share a year ago, representing an earnings surprise of -46.43% [1] - The company posted revenues of $179.2 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 12.60%, compared to year-ago revenues of $159.47 million [2] Group 2: Stock Performance and Outlook - Merchants Bancorp shares have lost about 4.9% since the beginning of the year, while the S&P 500 has gained 8.6% [3] - The current consensus EPS estimate for the coming quarter is $1.19 on $164.95 million in revenues, and $4.49 on $641.15 million in revenues for the current fiscal year [7] Group 3: Industry Context - The Zacks Industry Rank for Banks - Northeast is currently in the top 15% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - Another company in the same industry, LINKBANCORP, Inc., is expected to report quarterly earnings of $0.20 per share, reflecting a year-over-year change of +17.7% [9]