Equities analysts expect Merchants Bancorp (NASDAQ:MBIN) to post earnings of $0.39 per share for the current quarter, according to Zacks Investment Research. Two analysts have provided estimates for Merchants Bancorp’s earnings. The highest EPS estimate is $0.39 and the lowest is $0.38. The firm is scheduled to issue its next quarterly earnings report on Thursday, March 1st.
On average, analysts expect that Merchants Bancorp will report full year earnings of $1.82 per share for the current fiscal year, with EPS estimates ranging from $1.74 to $1.87. For the next year, analysts expect that the company will post earnings of $2.14 per share, with EPS estimates ranging from $2.11 to $2.17. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover Merchants Bancorp.
Merchants Bancorp (NASDAQ:MBIN) last announced its quarterly earnings results on Thursday, December 7th. The company reported $0.45 earnings per share for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.01).
Shares of Merchants Bancorp (MBIN) traded up $0.43 on Monday, reaching $20.86. 4,061 shares of the company were exchanged, compared to its average volume of 52,335. Merchants Bancorp has a 52-week low of $16.27 and a 52-week high of $22.00. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.93 and a quick ratio of 0.66.
The firm also recently disclosed a special dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Friday, December 15th were paid a $0.05 dividend. The ex-dividend date was Thursday, December 14th.
TRADEMARK VIOLATION WARNING: This piece was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another domain, it was stolen and reposted in violation of US and international copyright and trademark law. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/29/merchants-bancorp-mbin-expected-to-post-earnings-of-0-39-per-share.html.
About Merchants Bancorp
Merchants Bancorp is a diversified bank holding bank. The Bank operate multiple lines of business with a focus on FHA multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Merchants Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Merchants Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.