Merchants Bancorp Stock News

I'm downgrading MBIN common shares to Hold due to deteriorating loan performance impacting earnings outlook. Net interest income dropped for the first time in three years, signaling lower rates may not benefit Merchants Bancorp's financial results. Loan growth has stalled while deposits remain volatile, pushing the loan-to-deposit ratio to uncomfortable levels and increasing reliance on costly ...

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:...

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 incom...

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, 202...

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.