Analyst Estimates

EPS Data ($)

Year Ending Q1 Q2 Q3 Q4 December FY # of Analysts
Reporting
2015 0.52 0.49 0.61 0.36 1.98
2016 0.50 0.63 0.60 0.61 2.36 3
2017 0.59 0.61 0.63 0.63 2.46 3
2018 0.59 0.59 0.61 0.62 2.40 1
NOTE: Actualindicated in regular type, mean consensus estimates in bold.
Source: S&P Global Market Intelligence

Covering Analysts

Firm Analyst
FIG Partners LLC David Bishop
Piper Jaffray Companies Matthew Breese
Sandler O’Neill & Partners LP Alexander Twerdahl

Earnings Estimates have been obtained from S&P; Global Market Intelligence based on the earnings projections made by the analysts who cover Merchants Bancshares, Inc. Please note that any opinions, estimates or forecasts regarding the performance of Merchants Bancshares, Inc. made by these analysts (and therefore the estimates on this page) are theirs alone and do not represent opinions, forecasts or predictions of Merchants Bancshares, Inc. or its management. Merchants Bancshares, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.