NasdaqCM - Delayed Quote • USD Merchants Bancorp (MBINM) Follow Compare 25.95 -0.15 (-0.57%) At close: January 10 at 4:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Undiscovered Gems Three Promising Small Cap Stocks in the United States Over the last 7 days, the United States market has experienced a 2.2% drop, yet it remains up by 24% over the past year with earnings projected to grow by 15% annually in the coming years. In this dynamic environment, identifying promising small-cap stocks can be key to uncovering potential growth opportunities that align well with these market trends. Merchants Bancorp (NASDAQ:MBIN) boasts of bullish insider sentiment with 38% ownership and they have been buying lately Key Insights Significant insider control over Merchants Bancorp implies vested interests in company growth The top 9... Merchants Bancorp price target raised to $52.50 from $48 at Piper Sandler Piper Sandler raised the firm’s price target on Merchants Bancorp (MBIN) to $52.50 from $48 and keeps an Overweight rating on the shares. The firm notes last week, Merchants Bancorp completed a 7.625% fixed preferred stock offering that raised $223M in net proceeds. Piper expects proceeds will be utilized to redeem Merchants Bancorp’s $125M Series B preferred that reset to 3-month SOFR +483 bps on October 1 and help support the company’s likely above average organic balance sheet growth outlook. Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that on January 2, 2025 it will redeem all outstanding shares of its 6.00% (reset to 9.42% as of October 1, 2024) Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock ("Series B Preferred Stock") (Nasdaq: MBINO) at the liquidation preference of $25.00 per share. Merchants Bancorp Closes Depositary Share Offering Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today announced the closing of its previously announced underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series D preferred stock"), with a liquidation preference of $25.00 per depositary share. As a result of the public offering Merchants received proceeds of approx Merchants Bancorp Declares Quarterly Common and Preferred Dividends 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 fourth quarter of 2024, in each case to shareholders of record on December 13, 2024, payable on January 2, 2025: Merchants Bancorp Prices Depositary Share Offering Merchants Bancorp ("Merchants") (Nasdaq: MBIN), a holding company that operates through its wholly owned subsidiary, Merchants Bank of Indiana ("Merchants Bank"), announced the pricing of an underwritten public offering of 9,200,000 depositary shares, each representing a 1/40th ownership interest in a share of its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock (the "Series E preferred stock"), with a liquidation preference of $25.00 per depositary share. Exploring Three Undiscovered Gem Stocks In The United States The United States market has remained flat over the past week, yet it has experienced a significant 31% rise in the last year, with earnings projected to grow by 15% annually in the coming years. In such a dynamic environment, identifying stocks that are not only resilient but also poised for growth can be key to uncovering potential opportunities. Merchants Bancorp price target lowered to $48 from $56 at Piper Sandler Piper Sandler lowered the firm’s price target on Merchants Bancorp (MBIN) to $48 from $56 and keeps an Overweight rating on the shares. The firm believes Merchants Bancorp’s 17% underperformance is well overdone given that it does not expect meaningful NCOs to emerge following recent problem loan increases and based on several factors. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Merchants Bancorp Third Quarter 2024 Earnings: Misses Expectations Merchants Bancorp ( NASDAQ:MBIN ) Third Quarter 2024 Results Key Financial Results Revenue: US$142.7m (down 4.6% from... Merchants Bancorp (MBIN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates While the top- and bottom-line numbers for Merchants Bancorp (MBIN) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. Merchants Bancorp (MBIN) Q3 Earnings and Revenues Miss Estimates Merchants Bancorp (MBIN) delivered earnings and revenue surprises of -17.61% and 4.21%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock? Merchants Bancorp: Q3 Earnings Snapshot The Carmel, Indiana-based bank said it had earnings of $1.17 per share. The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share. Merchants Bancorp Reports Third Quarter 2024 Results Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank, today reported third quarter 2024 net income of $61.3 million, or diluted earnings per common share of $1.17. This compared to $81.5 million, or diluted earnings per common share of $1.68 in the third quarter of 2023, and compared to $76.4 million, or diluted earnings per common share of $1.49 in the second quarter of 2024. Do Merchants Bancorp's (NASDAQ:MBIN) Earnings Warrant Your Attention? Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks... CB Financial Services (CBFV) Stock Jumps 5.4%: Will It Continue to Soar? CB Financial Services (CBFV) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. Merchants Bancorp's (NASDAQ:MBIN) 35% CAGR outpaced the company's earnings growth over the same five-year period Long term investing can be life changing when you buy and hold the truly great businesses. While not every stock... Merchants Bancorp Appoints Sean Sievers as Chief Financial Officer 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. Discovering August 2024's Hidden Gems in the United States The market has climbed 3.1% in the last 7 days, led by a gain of 4.4%. In the last year, the market has climbed 25%, with earnings forecast to grow by 15% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors looking to capitalize on current trends. Undiscovered Gems in United States for August 2024 The market has climbed 3.1% in the last 7 days, with a gain of 4.4%, and is up 25% over the last 12 months, with earnings forecast to grow by 15% annually. In this thriving environment, identifying undiscovered gems that have strong fundamentals and growth potential can be particularly rewarding for investors looking to capitalize on these favorable conditions. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return MBINM S&P 500 YTD -1.03% -1.35% 1-Year +12.95% +22.51% 3-Year +4.64% +24.59%