Merchants Bancorp Q4 Earnings, Revenue Rise

MT Newswires Live
29 Jan

Merchants Bancorp (MBIN) reported Q4 earnings late Tuesday of $1.85 a diluted share, up from $1.58 a year earlier.

Three analysts polled by FactSet expected $1.27.

Revenue in the quarter ended Dec. 31, expressed as the sum of net interest income and total noninterest income, was $193.8 million, up from $158.8 million a year earlier.

Two Analysts surveyed by FactSet expected $158.8 million.

Shares of Merchants Bancorp were up more than 2% in recent after-hours activity.

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