Merchants Bancorp (NASDAQ:MBINM) Stock Price Up 0% – What’s Next?

by · The Markets Daily

Shares of Merchants Bancorp (NASDAQ:MBINM – Get Free Report) were up 0% during trading on Thursday . The company traded as high as $25.11 and last traded at $25.11. Approximately 5,743 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 14,101 shares. The stock had previously closed at $25.10.

Merchants Bancorp Price Performance

The business has a 50 day moving average price of $24.61 and a 200 day moving average price of $24.93.

Merchants Bancorp (NASDAQ:MBINM – Get Free Report) last issued its quarterly earnings data on Monday, January 31st. The company reported $1.14 earnings per share (EPS) for the quarter. The firm had revenue of $112.82 million for the quarter.

Merchants Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 15th will be given a $0.5156 dividend. The ex-dividend date is Monday, December 15th. This represents a $2.06 annualized dividend and a dividend yield of 8.2%.

Merchants Bancorp Company Profile

(Get Free Report)

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities.

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