05:01 PM EDT, 07/29/2024 (MT Newswires) -- Merchants Bancorp ( MBIN ) reported late Monday Q2 net income of $1.49 per diluted share, compared with $1.31 a year earlier.

Analysts polled by Capital IQ expected $1.57.

Revenue, calculated as the sum of net interest income and non-interest income, was $159.5 million during the three months ended June 30, compared with $135.5 million for the bank holding company a year ago.

Analysts expected $160.7 million.