Merchants Bancorp Q3 EPS $2.06 Beats $1.40 Estimate, Sales $224.941M Beat $182.950M Estimate

Merchants Bancorp (NASDAQ:MBIN) reported quarterly earnings of $2.06 per share which beat the analyst consensus estimate of $1.40 by 47.14 percent. This is a 112.37 percent increase over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $224.941 million which beat the analyst consensus estimate of $182.950 million by 22.95 percent. This is a 31.49 percent increase over sales of $171.072 million the same period last year.