Merchants Bancorp: 2Q Earnings Snapshot
CARMEL, Ind. (AP) _ Merchants Bancorp (MBIN) on Monday reported net income of $15.7 million in its second quarter.
The Carmel, Indiana-based bank said it had earnings of 52 cents per share.
The bank holding company posted revenue of $45.8 million in the period. Its revenue net of interest expense was $33.8 million, which missed Street forecasts.
Merchants Bancorp shares have risen 34 percent since the beginning of the year.