Merchants Bancorp Declares Quarterly Common and Preferred Dividends |
CARMEL, Ind. , May 15, 2025 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the second quarter of 2025, in each case to shareholders of record on June 13, 2025, payable on July 1, 2025: A dividend of $0.10 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM). |
prnewswire.com |
2025-05-15 20:05:00 |
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Compared to Estimates, Merchants Bancorp (MBIN) Q1 Earnings: A Look at Key Metrics |
While the top- and bottom-line numbers for Merchants Bancorp (MBIN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-04-29 00:30:35 |
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Merchants Bancorp (MBIN) Lags Q1 Earnings and Revenue Estimates |
Merchants Bancorp (MBIN) came out with quarterly earnings of $0.93 per share, missing the Zacks Consensus Estimate of $1.25 per share. This compares to earnings of $1.80 per share a year ago. |
zacks.com |
2025-04-28 22:31:16 |
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Merchants Bancorp Reports First Quarter 2025 Results |
First quarter 2025 net income of $58.2 million, decreased $28.8 million compared to first quarter of 2024 and decreased $37.4 million compared to the fourth quarter 2024, reflecting market uncertainty that delayed origination closings and permanent loan conversions in a growing pipeline, which negatively impacted the recognition of gain on sale and net interest margin. The decrease in net income was also impacted by unfavorable fair market value adjustments to servicing rights and derivatives compared to prior periods. |
prnewswire.com |
2025-04-28 20:05:00 |
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Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends |
CARMEL, Ind. , Feb. 20, 2025 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the first quarter of 2025, in each case to shareholders of record on March 14, 2025, payable on April 1, 2025: A dividend of $0.10 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM). |
prnewswire.com |
2025-02-20 18:05:00 |
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Merchants Bancorp (MBIN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
Although the revenue and EPS for Merchants Bancorp (MBIN) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2025-01-28 22:30:19 |
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Merchants Bancorp (MBIN) Beats Q4 Earnings and Revenue Estimates |
Merchants Bancorp (MBIN) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.58 per share a year ago. |
zacks.com |
2025-01-28 20:25:19 |
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Merchants Bancorp Reports Fourth Quarter 2024 Results |
Full year 2024 net income of $320.4 million set a new Company record, increasing 15% compared to 2023. Full year 2024 diluted earnings per common share of $6.30 reached the highest level in Company history and increased 12% compared to 2023. |
prnewswire.com |
2025-01-28 18:05:00 |
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Analysts Estimate Merchants Bancorp (MBIN) to Report a Decline in Earnings: What to Look Out for |
Merchants Bancorp (MBIN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-27 13:06:13 |
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Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses |
SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. |
globenewswire.com |
2024-12-19 11:44:00 |
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MBIN Stockholders: Robbins LLP is Investigating the Officers and Directors of Merchants Bancorp to Determine if They Breached Fiduciary Duties Owed to Shareholders |
SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Merchants Bancorp (NASDAQ: MBIN) to determine whether certain Merchants Bancorp officers and directors violated securities laws and breached fiduciary duties to shareholders. Merchants Bancorp operates as the diversified bank holding company in the United States. |
prnewswire.com |
2024-12-18 22:44:00 |
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First Look At MBINL, The New Preferred Stock IPO From Merchants Bancorp |
Merchants Bancorp's new 7.652% Series E Non-Cumulative Perpetual Preferred Stock presents an attractive yield and holds a Ba3 rating, positioning it as a valuable addition to our portfolio. The company's capital structure and dividend history indicate a reasonable cushion for preferred dividend payments, despite a small common stock distribution cushion. The new preferred stock's credit spread is appealing compared to similar BB-rated securities, suggesting it offers a good relative value. |
seekingalpha.com |
2024-12-17 14:26:32 |
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Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses |
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. |
globenewswire.com |
2024-12-11 16:07:00 |
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Merchants Bancorp Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information about Potentially Recovering Their Losses |
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws. |
globenewswire.com |
2024-12-05 12:57:00 |
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New Preferred Stock IPOs, November 2024 |
September saw three new preferred stock offerings with yields between 7% and 8%, including SPMC, Merchants Bancorp, and Aspen Insurance Holdings. CDx3 preferreds ranked 10 out of 10 are selling at an average discount of 8 cents to par, offering a 6.3% yield. Investors can buy new preferred stocks at wholesale prices on the OTC, potentially avoiding capital losses if prices drop. |
seekingalpha.com |
2024-11-26 22:58:23 |
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Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares |
CARMEL, Ind. , Nov. 26, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that on January 2, 2025 it will redeem all outstanding shares of its 6.00% (reset to 9.42% as of October 1, 2024) Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock ("Series B Preferred Stock") (Nasdaq: MBINO) at the liquidation preference of $25.00 per share. |
prnewswire.com |
2024-11-26 18:05:00 |
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Merchants Bancorp Closes Depositary Share Offering |
CARMEL, Ind. , Nov. 25, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today announced the closing of its previously announced underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series D preferred stock"), with a liquidation preference of $25.00 per depositary share. |
prnewswire.com |
2024-11-25 18:05:00 |
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Merchants Bancorp Declares Quarterly Common and Preferred Dividends |
CARMEL, Ind. , Nov. 20, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the fourth quarter of 2024, in each case to shareholders of record on December 13, 2024, payable on January 2, 2025: A dividend of $0.09 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $23.56 per share (equivalent to $0.59 per depositary share) on the Company's outstanding shares of its Series B preferred stock (NASDAQ:MBINO), which was reset from 6% to 9.42% as of October 1, 2024; A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM). |
prnewswire.com |
2024-11-20 18:05:00 |
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Merchants Bancorp Prices Depositary Share Offering |
CARMEL, Ind. , Nov. 18, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), a holding company that operates through its wholly owned subsidiary, Merchants Bank of Indiana ("Merchants Bank"), announced the pricing of an underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series E preferred stock"), with a liquidation preference of $25.00 per depositary share. |
prnewswire.com |
2024-11-18 18:05:00 |
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Merchants Bancorp: Earnings Trouble Opens Up Income Opportunity |
Merchants Bancorp's shares dropped nearly 20% after earnings, presenting an opportunity to sell short-term cash secured put options for income. Despite higher borrowing costs, net interest income is rising, and core deposit growth should reduce reliance on expensive external financing. The bank's attractive valuation at 6.2 to 6.5 times future earnings and high options premiums make selling put options appealing. |
seekingalpha.com |
2024-11-04 14:03:03 |
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Merchants Bancorp (MBIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates |
While the top- and bottom-line numbers for Merchants Bancorp (MBIN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2024-10-28 22:01:23 |
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Merchants Bancorp (MBIN) Q3 Earnings and Revenues Miss Estimates |
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. |
zacks.com |
2024-10-28 20:26:08 |
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Merchants Bancorp Reports Third Quarter 2024 Results |
Third quarter 2024 net income of $61.3 million, decreased 25% compared to third quarter of 2023 and decreased 20% compared to the second quarter 2024, reflecting unfavorable fair market value adjustments to derivatives and servicing rights, and an increase in specific reserves on loans as part of the allowance for credit losses. Third quarter 2024 diluted earnings per common share of $1.17 decreased 30% compared to the third quarter of 2023 and decreased 21% compared to the second quarter of 2024. |
prnewswire.com |
2024-10-28 18:05:00 |
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Merchants Bancorp: A Shift To The Floating Preferred |
Merchants Bancorp's financial performance has been strong, with net interest income growing despite rising interest expenses. Loan and deposit growth remain robust, with year-over-year loan growth over 10% and deposits increasing by more than 6.5% in the second quarter. MBINO offers the best value among the preferred shares, with a floating rate tied to three-month SOFR plus 4.831%, providing higher cumulative dividends. |
seekingalpha.com |
2024-10-02 09:29:38 |
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Merchants Bancorp Appoints Sean Sievers as Chief Financial Officer |
CARMEL, Ind. , Sept. 11, 2024 /PRNewswire/ -- Merchants Bancorp (the "Company")(NASDAQ: MBIN) and its wholly owned subsidiary, Merchants Bank, have announced the appointment of Sean Sievers as its new Chief Financial Officer, effective Sept. |
prnewswire.com |
2024-09-11 20:05:00 |
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Merchants Bancorp Declares Quarterly Common and Preferred Dividends |
CARMEL, Ind. , Aug. 15, 2024 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the third quarter of 2024, in each case to shareholders of record on September 13, 2024, payable on October 1, 2024: A dividend of $0.09 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series B preferred stock (NASDAQ:MBINO); A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN); A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM). |
prnewswire.com |
2024-08-15 20:05:00 |
Czytaj oryginał (ang.) |
Merchants Capital Executes Credit Risk Transfer on $543+ Million Multifamily Bridge Loans |
CARMEL, Ind. , Aug. 1, 2024 /PRNewswire/ -- (Nasdaq: MBIN) Leading financial services provider Merchants Capital today announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by 41 performing multifamily bridge loans. |
prnewswire.com |
2024-08-01 15:13:00 |
Czytaj oryginał (ang.) |
Merchants Bancorp (MBIN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates |
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. |
zacks.com |
2024-07-29 23:31:10 |
Czytaj oryginał (ang.) |
Merchants Bancorp (MBIN) Lags Q2 Earnings and Revenue Estimates |
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. |
zacks.com |
2024-07-29 22:40:38 |
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