Merchants Bancorp Shares Jump 6.9% After Results Beat Expectations
Merchants Bancorp reported third-quarter diluted earnings per common share and revenue above analyst expectations. Its shares rose 6.9% in the afternoon session.
What happened? Shares of diversified bank holding company Merchants Bancorp (NASDAQCM:MBIN) jumped 6.9% in the afternoon session after the company reported third-quarter diluted earnings per common share and revenue above analyst expectations. According to a company press release, Merchants Bancorp…