Merchants Bancorp (NASDAQ:MBIN) reported quarterly earnings of $1.41 per share which missed the analyst consensus estimate of $1.42 by 0.7 percent. The company reported quarterly sales of $149.563 million which missed the analyst consensus estimate of $159.700 million by 6.35 percent. This is a 2.57 percent decrease over sales of $153.504 million the same period last year.