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Merchants Bancorp Reports Second Quarter 2021 Results

Merchants Bancorp Reports Second Quarter 2021 Results
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Merchants Capital Named #4 Multifamily Affordable Lender Nationwide by Mortgage Bankers Association

Merchants Capital Named #4 Multifamily Affordable Lender Nationwide by Mortgage Bankers Association
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CARMEL, Ind., May 11, 2021 /PRNewswire/ (Nasdaq: MBIN) Mortgage banking company Merchants Capital today announces that it has earned two high-ranking positions on the prestigious Mortgage Bankers Association (MBA) 2020 Commercial/Multifamily Originator Listing.
Merchants Capital placed #4 in multifamily affordable lending nationally for 2020. In total, the company closed $2.2 billion in affordable loans across 188 transactions, with an average transaction size of $11.8 million.
Merchants Capital also ranked #1 for the originating office location of Indianapolis, where it is headquartered. Out of this office, it closed $3.2 billion across 287 transactions in 2020, with an average loan size of $11.3 million. Merchants Capital Indianapolis is one of Merchants four production hubs nationwide, in addition ....

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Merchants Capital Named #4 Mul - GuruFocus.com

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Merchants Bancorp Reports First Quarter 2021 Results

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 ....

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Merchants Bancorp Reports First Quarter 2021 Results

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.

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