Here's What Key Metrics Tell Us About Merchants Bancorp (MBIN) Q1 Earnings

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 -- ...