<div id="readability-page-1"><p>Merchants Bancorp (NASDAQ:MBIN - Get Free Report)'s share price dropped 4.4% on Friday . The stock traded as low as $34.92 and last traded at $34.8410. Approximately 67,218 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 173,873 shares. The stock had previously closed at $36.43.</p><div><p><span></span><span>Get <strong>Merchants Bancorp</strong> alerts:</span></p></div><h2>Analyst Ratings Changes</h2><p>Several analysts recently issued reports on MBIN shares. Weiss Ratings  restated a &#34;hold (c)&#34; rating on shares of Merchants Bancorp in a report on Wednesday, October 8th. Raymond James Financial  restated an &#34;outperform&#34; rating and issued a $38.00 price objective (down from $40.00) on shares of Merchants Bancorp in a report on Wednesday, October 29th. UBS Group  set a $42.00 price objective on shares of Merchants Bancorp in a research report on Thursday, October 30th. Piper Sandler  reissued an &#34;overweight&#34; rating and issued a $42.00 target price (up previously from $41.00) on shares of Merchants Bancorp in a research report on Thursday, October 30th. Finally, Wall Street Zen upgraded Merchants Bancorp from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, November 1st. Two equities research analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has issued  a Sell rating to the company's stock. Based on data from MarketBeat, the stock  has a consensus rating of &#34;Hold&#34; and a consensus target price of $40.25.</p><p><b>View Our Latest Analysis on Merchants Bancorp</b></p><h2>Merchants Bancorp Trading Down 3.7%</h2><p>The company has a current ratio of 1.10, a quick ratio of 0.80 and a debt-to-equity ratio of 1.73. The company has a market cap of $1.61 billion, a PE ratio of 8.07 and a beta of 1.25. The company has a fifty day simple moving average of $32.75 and a two-hundred day simple moving average of $32.67. </p><p>Merchants Bancorp (NASDAQ:MBIN - Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The company reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.18. Merchants Bancorp had a return on equity of 15.20% and a net margin of 17.73%.The business had revenue of $171.07 million during the quarter, compared to analysts' expectations of $163.90 million.  Analysts anticipate that  Merchants Bancorp will post 5.54 EPS for the current year. </p><h2>Merchants Bancorp Announces Dividend</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 2nd. Stockholders of record on Monday, December 15th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, December 15th. Merchants Bancorp's dividend payout ratio  is currently 9.20%. </p><h2>Institutional Investors Weigh In On Merchants Bancorp</h2><p>Institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in  Merchants Bancorp by 1.1% in the first quarter. LPL Financial LLC now owns 48,429 shares of the company's stock valued at $1,792,000 after purchasing an additional 526 shares during the last quarter.  Vanguard Group Inc. boosted its holdings in shares of  Merchants Bancorp by 2.2% in the 1st quarter. Vanguard Group Inc. now owns 1,233,965 shares of the company's stock valued at $45,657,000 after buying an additional 26,111 shares in the last quarter.  Deutsche Bank AG grew its position in shares of  Merchants Bancorp by 167.1% in the 1st quarter. Deutsche Bank AG now owns 41,595 shares of the company's stock valued at $1,539,000 after buying an additional 26,022 shares during the last quarter.  Invesco Ltd. raised its stake in  Merchants Bancorp by 1.9% during the 1st quarter. Invesco Ltd. now owns 480,622 shares of the company's stock worth $17,783,000 after acquiring an additional 9,192 shares in the last quarter.  Finally, Nuveen LLC purchased a new stake in  Merchants Bancorp in the first quarter valued at $5,275,000. Hedge funds and other institutional investors own  24.57% of the company's stock. </p><h2>About Merchants Bancorp</h2> (Get Free Report)<p>Merchants Bancorp <span>NASDAQ: MBIN<span></span></span> is the bank holding company for Merchants Bank, a regional financial institution headquartered in Buffalo, New York. Through its network of branches and digital platforms, the company offers a range of banking services across western and central New York. Merchants Bancorp operates as a full‐service commercial bank, serving small and medium-sized businesses, professionals, families and individuals in its core markets.  </p><p>The company's primary activities include deposit taking, commercial and consumer lending, mortgage origination, and treasury management services.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Merchants Bancorp</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>High Flyers: 3 Natural Gas Stocks for March 2022</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li><li>Top Stocks Investing in 5G Technology</li><li>4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Merchants Bancorp Right Now?</h2><p>Before you consider Merchants Bancorp, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Merchants Bancorp wasn't on the list.</p><p>While Merchants Bancorp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MBIN

<p>Merchants Bancorp (NASDAQ:MBIN) shares fell 4.4% to $34.8410, with trading volume down 61%. Analysts have mixed ratings: two Buy, two Hold, and one Sell, with a consensus target price of $40.25. The company reported strong Q3 earnings, beating estimates with $0.97 EPS and $171.07 million in revenue. Merchants Bancorp announced a $0.10 quarterly dividend. Institutional investors have adjusted their stakes, with notable increases from LPL Financial LLC and Deutsche Bank AG.</p>

Merchants Bancorp (NASDAQ:MBIN) Shares Down 4.4% - What's Next?