/PRNewswire/ Merchants Bancorp (the "Company" or "Merchants") (Nasdaq: MBIN), parent company of Merchants Bank of Indiana, today reported third quarter 2021.
CARMEL, Indiana, Oct. 28, 2021 /PRNewswire/ Merchants Bancorp , parent company of Merchants Bank of Indiana, today reported third quarter 2021 net income of $58.5 million, or diluted. | October 28, 2021
Merchants Bancorp Reports Second Quarter 2021 Results prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Merchants Bancorp Reports First Quarter 2021 Results
- First quarter 2021 net income of $62.0 million increased 152% compared to the first quarter of 2020 and increased 4% compared to the fourth quarter of 2020
- First quarter 2021 diluted earnings per common share of $2.02 increased 177% compared to the first quarter of 2020 and increased 4% compared to the fourth quarter of 2020
- Total assets of $9.7 billion increased $1.8 billion, or 23%, compared to March 31, 2020, driven by a 63% increase in loans receivable, and increased 1% compared to the fourth quarter of 2020
- Return on average assets was 2.49% in the first quarter of 2021 compared to 1.49% in the first quarter of 2020 and 2.57% in the fourth quarter of 2020
Merchants Bancorp Reports First Quarter 2021 Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.