Merchants Bancorp (NASDAQ: MBIN) reported quarterly earnings of $1.80 per share which beat the analyst consensus estimate of $1.36 by 32.35 percent. This is a 68.22 percent increase over earnings of $1.07 per share from the same period last year. The company reported quarterly sales of $167.93 million which beat the analyst consensus estimate of $144.15 million by 16.50 percent. This is a 46.08 percent increase over sales of $114.96 million the same period last year.