Merchants Bancorp (MBIN) has priced an underwritten public offering of 5.2M depositary shares.
CARMEL, Ind. , Sept. 23, 2022 /PRNewswire/ -- Merchants Bancorp ("Merchants") (NASDAQ: MBIN ), parent company of Merchants Bank of Indiana ("Merchants Bank"), announced the pricing of an underwritten public offering of 5,200,000 depositary shares, each representing a 1/40th ownership interest in a share of its 8.25% Fixed Rate Reset Series D Non-Cumulative Perpetual Preferred Stock, without par value (the "Series D preferred stock"), with a liquidation preference of $25.00 per depositary share. Merchants has granted the underwriters a 30-day option to purchase 780,000 additional depositary shares of the Series D preferred stock, solely to cover over-allotments, if any. When, as, and if declared by the board of directors of Merchants, dividends will be payable on the Series D preferred stock from the date of issuance to, but excluding, October 1, 2027 at a rate of 8.25% per annum, payable quarterly, in arrears on January 1 , April 1 , July 1 and October 1 of each year, beginning January 1 , 2023.
Merchants Bancorp (NASDAQ:MBIN) declares $0.07/share quarterly dividend, in line with previous.Forward yield 0.98%Payable Oct. 3; for shareholders of record Sept. 15; ex-div Sept.
CARMEL, Ind. , Aug. 18, 2022 /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 2022, in each case to shareholders of record on September 15, 2022 , payable on October 3, 2022 : Full story available on Benzinga.com
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Merchants Bancorp press release (NASDAQ:MBIN): Q2 GAAP EPS of $1.11 beats by $0.21.Revenue of $111.2M (+14.3% Y/Y) beats by $17.87M.Shares +0.91% AH.
Second quarter 2022 net income of $53.9 million increased 5% compared to the second quarter of 2021 and increased 8% compared to the first quarter of 2022 Second quarter 2022 diluted earnings per common share of $1.11 increased 5% compared to the second quarter of 2021 and increased 9%…
Merchants Bancorp (MBIN) shares closed today at 0.3% below its 52 week high of $49.63, giving the company a market cap of $1B. The stock is currently up 4.5% year-to-date, up 63.3% over the past 12 months, and up 210.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 47.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 31.2% The company's stock price performance over the past 12 months beats the peer average by 213.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp (MBIN) shares closed today at 0.3% below its 52 week high of $49.63, giving the company a market cap of $1B. The stock is currently up 4.5% year-to-date, up 58.4% over the past 12 months, and up 210.5% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%. Trading Activity Trading volume this week was 47.9% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought.The stock closed at 1.3% higher than its 5-day moving average, 3.7% higher than its 20-day moving average, and 12.3% higher than its 90-day moving average. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 31.2% The company's stock price performance over the past 12 months beats the peer average by 183.3% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp (MBIN) shares closed today at 0.8% below its 52 week high of $49.62, giving the company a market cap of $1B. The stock is currently up 4.0% year-to-date, up 60.9% over the past 12 months, and up 208.9% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%. Trading Activity Trading volume this week was 18.9% higher than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.0. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 35.0% The company's stock price performance over the past 12 months beats the peer average by 187.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp shares closed 0.5% higher than its previous 52 week high, giving the company a market cap of $1B. The stock is currently up 54.8% year-to-date, up 172.3% over the past 12 months, and up 166.1% over the past five years. This week, the Dow Jones Industrial Average rose 4.1%, and the S&P 500 rose 2.7%. Trading Activity Trading volume this week was 9.6% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.3. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and beats it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 139.6% The company's stock price performance over the past 12 months beats the peer average by 231.2% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp shares closed 3.2% higher than its previous 52 week high, giving the company a market cap of $978M. The stock is currently up 23.2% year-to-date, up 92.0% over the past 12 months, and up 111.8% over the past five years. This week, the Dow Jones Industrial Average fell 1.7%, and the S&P 500 fell 2.5%. Trading Activity Trading volume this week was 14.3% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price is the same as the S&P 500 Index , beats it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , beats it on a 1-year basis, and beats it on a 5-year basis The company share price is the same as the performance of its peers in the Financials industry sector , beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date beats the peer average by 54.3% The company's stock price performance over the past 12 months beats the peer average by 262.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp shares closed 1.5% higher than its previous 52 week high, giving the company a market cap of $831M. The stock is currently up 49.3% year-to-date, up 55.4% over the past 12 months, and up 80.1% over the past five years. This week, the Dow Jones Industrial Average rose 0.4%, and the S&P 500 rose 0.9%. Trading Activity Trading volume this week was 45.0% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 7.1% higher than its 20-day moving average, and 30.1% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -1094.9% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Merchants Bancorp shares closed today at 1.7% below its 52 week high of $28.33, giving the company a market cap of $800M. The stock is currently up 43.7% year-to-date, up 51.2% over the past 12 months, and up 73.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.7%, and the S&P 500 fell 1.2%. Trading Activity Trading volume this week was 44.4% lower than the 20-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates a downward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at Infinity% higher than its 5-day moving average, 2.0% higher than its 20-day moving average, and 24.6% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and beats it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by -100.0% The company's performance over the last 1 year beats its average peer by -961.7% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.