Company Description
Merchants Bancorp operates as the diversified bank holding company in the United States.
It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking.
The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities.
This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service.
The Mortgage Warehousing segment funds agency eligible residential loans, as well as commercial loans to non-depository financial institutions.
The Banking segment offers a range of financial products and services to consumers and businesses, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending.
Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.
| Country | United States |
| Founded | 1990 |
| IPO Date | Oct 27, 2017 |
| Industry | Banks - Regional |
| Sector | Financials |
| Employees | 618 |
| CEO | Michael F. Petrie CMB |
Contact Details
Address: 410 Monon Blvd Carmel, Indiana 46032 United States | |
| Phone | (317) 569-7420 |
Stock Details
| Ticker Symbol | MBIN |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001629019 |
| CUSIP Number | 58844R108 |
| ISIN Number | US58844R1086 |
| Employer ID | 20-5747400 |
| SIC Code | 6022 |
Key Executives
| Name | Position |
|---|---|
| Michael R. Dury M.B.A. | President and Chief Executive Officer of Merchants Capital Corp |
| Michael F. Petrie CMB | Co-founder, Chairman and Chief Executive Officer |
| Michael J. Dunlap | President, Chief Operating Officer and Director |
| John F. Macke | Executive Vice President, Chief Financial Officer and Principal Accounting Officer |
| Martin A. Schroeter | President of Warehouse Lending |
| Vickie Vandivier | Executive Vice President and Investment Officer |
| Kevin T. Langford | Executive Vice President and Chief Administrative Officer |
| Tami Durle | Manager SEC Reporting |
| Terry A. Oznick | Executive Vice President and General Counsel |
| Jeffery L. Scott | President and Executive Vice President of SBA Lending |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| May 16, 2024 | 8-K | Current Report |
| May 16, 2024 | 8-K | Current Report |
| May 15, 2024 | 424B2 | Prospectus |
| May 13, 2024 | 424B5 | Filing |
| May 10, 2024 | 10-Q | Quarterly Report |
| Apr 29, 2024 | 8-K | Current Report |
| Apr 5, 2024 | ARS | Filing |
| Apr 5, 2024 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 5, 2024 | DEF 14A | Other definitive proxy statements |
| Apr 1, 2024 | 25-NSE | Filing |