Merchants Bancorp (MBIN)

NASDAQ: MBIN · IEX Real-Time Price · USD
42.37
+0.27 (0.64%)
Mar 28, 2024, 11:00 AM EDT - Market open

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.

Merchants Bancorp
Merchants Bancorp logo
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 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
Michael R. Dury M.B.A. President and Chief Executive Officer of Merchants Capital Corp
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
Mar 12, 2024 10-K Annual Report
Mar 7, 2024 8-K Current Report
Feb 28, 2024 8-K Current Report
Feb 14, 2024 8-K Current Report
Feb 6, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 6, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jan 29, 2024 8-K Current Report
Nov 28, 2023 144 Filing
Nov 15, 2023 8-K Current Report
Nov 9, 2023 10-Q Quarterly Report