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XNAS
MBIN
Market cap2.29bUSD
Oct 08, Last price  
49.80USD
1D
0.97%
1Q
3.71%
IPO
344.64%
Name

Merchants Bancorp

Chart & performance

D1W1MN
XNAS:MBIN chart
P/E
10.46
P/S
1.68
EPS
4.76
Div yield, %
0.80%
Shrs. gr., 5y
1.25%
Rev. gr., 5y
27.75%
Revenues
1.37b
-5.65%
80,618,00097,192,000137,970,000185,527,000254,550,000401,178,000461,562,000602,066,0001,189,057,0001,447,065,0001,365,239,000
Net income
219m
-31.72%
28,383,00033,127,00054,684,00062,874,00077,329,000180,533,000227,104,000219,721,000279,234,000320,386,000218,770,000
CFO
-149m
L-82.12%
118,328,000-149,771,000-175,886,000204,335,000-1,257,003,000-874,888,000-49,216,000975,774,000-356,402,000-835,278,000-149,360,000
Dividend
Sep 15, 20260.11 USD/sh

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Profile

Merchants Bancorp, founded in 1990 and headquartered in Carmel, Indiana, operates as a diversified bank holding company throughout the United States. Its operations are organized into three primary divisions: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking division specializes in the origination and servicing of government-backed mortgages for multi-family residential properties and healthcare facilities. This segment also provides tailored financing solutions for projects like independent living, assisted living, memory care, and skilled nursing, and manages the syndication of low-income housing tax credit and debt funds. The Mortgage Warehousing segment provides capital for residential loans eligible for agency backing, covering their initial origination, subsequent purchase, and eventual sale in the secondary market. Additionally, it extends commercial loans to non-depository financial institutions. The Banking segment delivers a comprehensive range of financial products and services to both individual consumers and businesses. This includes various deposit accounts, alongside a diverse portfolio of loan products such as multi-family construction and bridge loans, commercial real estate loans, commercial and industrial loans, agricultural loans, residential mortgages, and consumer loans. Furthermore, this segment is involved in single-family mortgage lending, offering construction, bridge, and lot financing, first-lien home equity lines of credit, and Small Business Administration (SBA) lending programs.

Related entities

Subsidiaries (2)
MERCHANTS BANK OF INDIANA
MERCHANTS CAPITAL CORP.

Key people

John F. Macke
Chief Financial Officer of Merchants and Merchants Bank · since 2017
Michael R. Dury
Chief Executive Officer - Merchants Capital · since 2020
Susan D. Kucer
Indianapolis Market President of Merchants Bank · since 2016
Kevin T. Langford
Senior Vice President and Chief Administrative Officer of Merchants Bank
Terry A. Oznick
Senior Vice President, General Counsel · since 2018
Michael F. Petrie
Chairman of the Board, Chief Executive Officer · since 2006
Randall D. Rogers
Vice Chairman of the Board · since 2018
Sue Anne Gilroy
Independent Director · since 2017
Patrick D. O'Brien
Independent Director · since 2013
Anne E. Sellers
Independent Director · since 2017
David N. Shane
Independent Director · since 2013
IPO date
Oct 26, 2017
Employees
556
Domiciled in
US
Incorporated in
US
Legal address
C/O CORPORATION SERVICE COMPANY
135 NORTH PENNSYLVANIA STREET
SUITE 1600
INDIANAPOLIS, IN 46204
US
Headquarters
410 MONON BOULEVARD
CARMEL, IN 46032
US
Previous name
P/R BANCORP

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