Merchants Bancorp (NASDAQ:MBIN) reported quarterly earnings of $1.25 per share which beat the analyst consensus estimate of $1.14 by 9.65 percent. This is a 27.55 percent increase over earnings of $0.98 per share from the same period last year. The company reported quarterly sales of $175.247 million which beat the analyst consensus estimate of $174.300 million by 0.54 percent. This is a 20.12 percent increase over sales of $145.889 million the same period last year.