Date | Price Target | Rating | Analyst |
---|---|---|---|
9/9/2024 | $54.00 | Equal-Weight | Morgan Stanley |
7/30/2024 | $55.00 → $58.00 | Strong Buy → Outperform | Raymond James |
11/2/2021 | $49.00 → $55.00 | Strong Buy | Raymond James |
8/26/2021 | $57.00 → $49.00 | Strong Buy | Raymond James |
4 - Merchants Bancorp (0001629019) (Issuer)
4 - Merchants Bancorp (0001629019) (Issuer)
4 - Merchants Bancorp (0001629019) (Issuer)
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. 9, 2024. Sievers brings more than 25 years of executive financial leadership in the banking and mortgage industries to the top-performing banks' chief finance role. Most recently, Sievers served as CFO at Rate (formerly Guaranteed Rate), one of the leading mortgage bankers in the nation. His career includes leadership roles as CFO of Country
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 t
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. This is the second multifamily CRT and the third overall completed by Merchants' Capital Markets platform, which has executed nearly $4 billion in securitizations. The transaction, which closed in March, was structured as a Credit Default Swap (CDS), with $76 million in credit protection purchased from a large institutional investor as a f
4 - Merchants Bancorp (0001629019) (Issuer)
3 - Merchants Bancorp (0001629019) (Issuer)
4 - Merchants Bancorp (0001629019) (Issuer)
Morgan Stanley initiated coverage of Merchants Bancorp with a rating of Equal-Weight and set a new price target of $54.00
Raymond James downgraded Merchants Bancorp from Strong Buy to Outperform and set a new price target of $58.00 from $55.00 previously
Raymond James reiterated coverage of Merchants Bancorp with a rating of Strong Buy and set a new price target of $55.00 from $49.00 previously
SC 13G/A - Merchants Bancorp (0001629019) (Subject)
SC 13G/A - Merchants Bancorp (0001629019) (Subject)
SC 13G/A - Merchants Bancorp (0001629019) (Subject)
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 t
CARMEL, Ind., May 16, 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 second quarter of 2024, in each case to shareholders of record on June 14, 2024, payable on July 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 Compa
First quarter 2024 net income of $87.1 million was the Company's highest quarterly earnings ever recorded, increasing 58% compared to first quarter of 2023 and increasing 12% compared to the fourth quarter 2023.First quarter 2024 diluted earnings per common share of $1.80 increased 68% compared to the first quarter of 2023 and increased 14% compared to the fourth quarter of 2023.Total assets of $17.8 billion surpassed any level previously reported by the Company, increasing 25% compared to March 31, 2023 and increasing 5% compared to December 31, 2023.Tangible book value per common share of $29.26 increased 28% compared to $22.88 in the first quarter of 2023 and increased 7% compared to $27.
Piper Sandler analyst Nathan Rice reiterates Merchants Bancorp (NASDAQ:MBIN) with a Overweight and lowers the price target from $58.5 to $56.
Raymond James analyst Daniel Tamayo reiterates Merchants Bancorp (NASDAQ:MBIN) with a Strong Buy and maintains $55 price target.
Shares of Alibaba Group Holding Limited (NYSE:BABA) fell sharply during Tuesday's session following mixed first-quarter financial results. The e-commerce giant reported fiscal fourth-quarter 2023 revenue growth of 7% year-on-year to $30.73 billion, beating the analyst consensus estimate of $30.40 billion. Adjusted earnings per ADS of $1.40 missed the analyst consensus estimate of $1.41, according to data from Benzinga Pro. Alibaba Group shares tumbled 6.8% to $78.86 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Cheetah Net Supply Chain Service Inc. (NASDAQ:CTNT) shares jumped 352.4% to $5.34 as the company reported pricing of $8.19 million
CARMEL, Ind., May 19, 2022 /PRNewswire/ -- Merchants Bancorp (NASDAQ:MBIN) (the "Company" or "Merchants"), parent company of Merchants Bank of Indiana, today announces the appointment of Tamika Catchings and Thomas Dinwiddie to the Company's board of directors. With these new appointments, Catchings and Dinwiddie join a group of 11 distinguished members of the Merchants board. From 2001 to 2016, Catchings played for the Indiana Fever, the Indianapolis WNBA team, and became one of the most decorated athletes of all time. She is a four-time Olympic gold medalist, ten-time WNBA A
8-K - Merchants Bancorp (0001629019) (Filer)
8-K - Merchants Bancorp (0001629019) (Filer)
10-Q - Merchants Bancorp (0001629019) (Filer)