Merchants Bancorp (NASDAQ:MBIN) spotted trading -5.47% off 52-week high price. On the other end, the stock has been noted 119.16% away from the low price over the last 52-weeks. The stock changed -3.69% to recent value of $27.11. The stock transacted 65403 shares during most recent day however it has an average volume of 52.49K shares. The company has 28.75M of outstanding shares and 13.24M shares were floated in the market.
On Nov. 18, 2020, Merchants Bancorp (NASDAQ:MBIN) parent company and registered bank holding company of Merchants Bank of Indiana (Merchants Bank), released that its Board of Directors declared the following quarterly cash dividends for the fourth quarter of 2020, in each case to shareholders of record on December 15, 2020, payable on January 4, 2021:
- A dividend of $0.08 per share on the Company’s outstanding shares of its common stock (NASDAQ:MBIN);
- A dividend of $0.4375 per share on the Company’s outstanding shares of its 7% Series A preferred stock (NASDAQ:MBINP);
A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company’s outstanding shares of its 6% Series B preferred stock (NASDAQ:MBINO). Its earnings per share (EPS) expected to touch remained 14.30% for this year.
MBIN has an operating margin of 68.00% while its profit margin remained 50.70% for the last 12 months.
The price moved ahead of 16.72% from the mean of 20 days, 25.36% from mean of 50 days SMA and performed 47.77% from mean of 200 days price. Company’s performance for the week was 10.29%, 23.96% for month and YTD performance remained 37.54%.