Merchants Bancorp

MBIN

US58844R1086

Banks

Market Closed - Nasdaq Other stock markets 04:00:00 2024-05-17 pm EDT			5-day change	1st Jan Change
42.8 ^USD	-0.09%		-9.78%	+0.52%

May. 17	Piper Sandler Cuts Price Target on Merchants Bancorp to $56 From $58.50, Keeps Overweight Rating	MT
May. 16	Merchants Bancorp Keeps Quarterly Dividend at $0.09 a Share, Payable on July 1 to Shareholders of Record on June 14	MT

Merchants Bancorp : Bank Welcomes New Treasury Management Sales Officer Derek Elston

December 11, 2023 at 11:10 am EST

Prior to joining Merchants Bank, Elston operated as a community development officer at United Fidelity Bank where he collaborated with his team to create strategic plans for meeting annual goals and projections, resulting in a substantial increase in deposits during his tenure. Within this new role with Merchants Bank, Elston will oversee several key consumer and business relationships, advocating for their cash flow needs and improving and further developing their banking experience. "We are thrilled to welcome Derek to our team," said Michael Dunlap, President and CEO of Merchants Bank.

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Merchants Bancorp published this content on 11 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 December 2023 16:09:26 UTC.

Latest news about Merchants Bancorp

Piper Sandler Cuts Price Target on Merchants Bancorp to $56 From $58.50, Keeps Overweight Rating	May. 17	MT
Merchants Bancorp Keeps Quarterly Dividend at $0.09 a Share, Payable on July 1 to Shareholders of Record on June 14	May. 16	MT
Merchants Bancorp Declares Quarterly Common for the Second Quarter of 2024, Payable on July 1, 2024	May. 16	CI
Merchants Bancorp Prices $98 Million Common Stock Offering	May. 14	MT
Merchants Bancorp Plans Public Offering of 2.4 Million Common Shares; Stock Sliding Over 9% in Extended Trade	May. 13	MT
Sector Update: Financial Stocks Decline Late Afternoon	Apr. 30	MT
Merchants Bancorp Shares Rise After Q1 Results Beat	Apr. 30	MT
Merchants Bancorp Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 29	CI
North American Morning Briefing : Powell Comments, -2-	Apr. 16	DJ
Farmers & Merchants Bancorp Keeps Quarterly Dividend at $0.22 a Share, Payable April 20 to Holders of Record March 29	Mar. 19	MT
John F. Macke to Retire as Chief Financial Officer of Merchants Bancorp, on or Before September 30, 2024	Mar. 07	CI
John F. Macke to Retire as Executive Vice President, and Principal Accounting Officer of Merchants Bancorp, on or Before September 30, 2024	Mar. 07	CI
Sector Update: Financial Stocks Gain Pre-Bell Thursday	Feb. 15	MT
Merchants Bancorp Ups Quarterly Dividend to $0.09 Per Share; Payable April 1 to Shareholders of Record March 15	Feb. 14	MT
Merchants Bancorp Increases Quarterly Common Dividend, Payable on April 1, 2024	Feb. 14	CI
Earnings Flash (FMAO) FARMERS & MERCHANTS BANCORP Posts Q4 EPS $0.41	Feb. 13	MT
Raymond James Raises Price Target on Merchants Bancorp to $55 From $44, Maintains Strong Buy Rating	Jan. 30	MT
Merchants Bancorp's Q4 Earnings, Revenue Rise	Jan. 29	MT
Merchants Bancorp Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Jan. 29	CI
Merchants Bancorp Reports Earnings Results for the Full Year Ended December 31, 2023	Jan. 29	CI
North American Morning Briefing : Cautious Start to Fully-Booked Week	Jan. 29	DJ
CBI Bank & Trust completed the acquisition of Farmers-Merchants Bank of Illinois from Merchants Bancorp.	Jan. 25	CI
Farmers & Merchants Bancorp Raises Quarterly Dividend by 4.8% to $0.22 a Share; Payable Jan. 20 to Holders of Record on Dec. 29	Dec. 20	MT
Merchants Bancorp Maintains Quarterly Dividend at $0.08 Per Share; Payable Jan. 2 to Shareholders of Record Dec. 15	Nov. 15	MT
Merchants Ban Insider Sold Shares Worth $7,654,850, According to a Recent SEC Filing	Nov. 15	MT

Chart Merchants Bancorp

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Company Profile

Merchants Bancorp is a diversified bank holding company. The Company conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. The Company's segments include Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing (through this segment it also serves as a syndicator of low-income housing tax credit and debt funds); Mortgage Warehousing that offers mortgage warehouse financing, commercial loans, and deposit services, and Banking that offers portfolio lending for multi-family and healthcare facility loans, retail and correspondent residential mortgage banking, agricultural lending, Small Business Administration (SBA) lending, and traditional community banking.

Sector

Banks

Calendar

2024-07-24 - Q2 2024 Earnings Release (Projected)

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Russell 2000

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Ratings for Merchants Bancorp

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

42.8 USD

Average target price

55.5 USD

Spread / Average Target

+29.67%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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