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 housing development 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 | 735 |
| CEO | Michael Dunlap |
Contact Details
Address: 410 Monon Boulevard Carmel, Indiana 46032 United States | |
| Phone | 317 569 7420 |
| Website | bankmerchants.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 | President and Chief Executive Officer of Merchants Capital Corp |
| Michael J. Dunlap | President, Chief Executive Officer and Director |
| Michael F. Petrie CMB | Co-Founder and Chairman |
| Randall D. Rogers CMB | Co-Founder |
| Sean A. Sievers | Chief Financial Officer |
| Scott A. Evans | Market President, Chief Operating Officer and Director |
| Martin A. Schroeter | President of Warehouse Lending |
| Randall D. Rogers Jr. | Co-Founder |
| Darin Thomas | Chief Accounting Officer |
| Kevin T. Langford | Chief Administrative Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Aug 20, 2026 | 8-K | Current Report |
| Aug 7, 2026 | 10-Q | Quarterly Report |
| Jul 30, 2026 | 144 | Filing |
| Jul 28, 2026 | 8-K | Current Report |
| Jun 11, 2026 | 144 | Filing |
| May 21, 2026 | 8-K | Current Report |
| May 7, 2026 | 10-Q | Quarterly Report |
| May 1, 2026 | 144 | Filing |
| May 1, 2026 | 144 | Filing |
| Apr 28, 2026 | 8-K | Current Report |