Merchants Bancorp: Q4 Earnings Snapshot
By AP News
Published - Jan 29, 2024, 04:37 PM ET
Last Updated - Jan 29, 2024, 04:37 PM EST
CARMEL, Ind. (AP) — CARMEL, Ind. (AP) — Merchants Bancorp (MBIN) on Monday reported net income of $77.5 million in its fourth quarter.
The Carmel, Indiana-based bank said it had earnings of $1.58 per share.
The bank holding company posted revenue of $346.2 million in the period. Its revenue net of interest expense was $158.8 million, exceeding Street forecasts.
For the year, the company reported profit of $279.2 million, or $5.64 per share. Revenue was reported as $562.7 million.
