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Merchants Bancorp Q4 2023 Earnings Report

Merchants Bancorp logo
$36.15 +0.21 (+0.58%)
(As of 12/20/2024 05:16 PM ET)

Merchants Bancorp EPS Results

Actual EPS
$1.58
Consensus EPS
$1.44
Beat/Miss
Beat by +$0.14
One Year Ago EPS
N/A

Merchants Bancorp Revenue Results

Actual Revenue
$346.21 million
Expected Revenue
$142.65 million
Beat/Miss
Beat by +$203.56 million
YoY Revenue Growth
N/A

Merchants Bancorp Announcement Details

Quarter
Q4 2023
Time
Q4 2023 Earnings Release

Conference Call Resources

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Merchants Bancorp Earnings Headlines

Vladimir Lenin was right…
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.
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About Merchants Bancorp

Merchants Bancorp (NASDAQ:MBIN) operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions. The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

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