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Merchants Bancorp (MBIN) Lags Q1 Earnings and Revenue Estimates

Merchants Bancorp (MBIN) came out with quarterly earnings of 0.93pershare,missingtheZacksConsensusEstimateof0.93 per share, missing the Zacks Consensus Estimate of 1.25 per share. This compares to earnings of 1.80pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof25.601.80 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -25.60%. A quarter ago, it was expected that this bank holding company would post earnings of 1.27 per share when it actually produced earnings of $1.85, delivering a surprise of 45.67%.Over the last four quarte ...