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 rental housing and healthcare facilities financing.
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 | 663 |
| CEO | Michael Petrie |
Contact Details
Address: 410 Monon Boulevard Carmel, Indiana 46032 United States | |
| Phone | 317 569 7420 |
| Website | investors.merchantsbancorp.com |
Stock Details
| Ticker Symbol | MBIN |
| Exchange | NASDAQ |
| Stock Type | Common Stock |
| 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 |
| Sean A. Sievers | Chief Financial Officer |
| Martin A. Schroeter | President of Warehouse Lending |
| Vickie Vandivier | Executive Vice President and Investment Officer |
| Darin Thomas | Chief Accounting Officer |
| Kevin T. Langford | Chief Administrative Officer |
| Tami Durle | Manager SEC Reporting |
| Terry A. Oznick | Secretary and General Counsel |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Apr 4, 2025 | ARS | Filing |
| Apr 4, 2025 | DEFA14A | Additional definitive proxy soliciting materials and Rule 14(a)(12) material |
| Apr 4, 2025 | DEF 14A | Other definitive proxy statements |
| Mar 20, 2025 | 8-K | Current Report |
| Feb 28, 2025 | 10-K | Annual Report |
| Feb 20, 2025 | 8-K | Current Report |
| Feb 20, 2025 | UPLOAD | Filing |
| Feb 6, 2025 | 144 | Filing |
| Jan 29, 2025 | 144 | Filing |
| Jan 28, 2025 | 8-K | Current Report |