Merchants Bancorp (MBIN) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.68 per share a year ago.
Although the revenue and EPS for Merchants Bancorp (MBIN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Merchants Bancorp (MBIN) came out with quarterly earnings of $1.49 per share, missing the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.31 per share a year ago.
Merchants Bancorp's (MBIN) diverse revenue streams, solid loan pipeline and strong balance sheet are likely to aid its financials. This makes the stock an attractive pick for investors.
Merchants Bancorp (MBIN) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.