Merchants Bancorp (MBINM) NASDAQ

24.57

+0.4(+1.65%)

Updated at October 20 10:45AM

Currency In USD

Merchants Bancorp

Address

410 Monon Boulevard

Carmel, IN 46032

United States of America

Phone

317 569 7420

Sector

Financial Services

Industry

Banks - Regional

Employees

663

First IPO Date

September 26, 2022

Key Executives

NameTitlePayYear Born
Mr. Michael F. Petrie CMBCo-Founder, Chairman & Chief Executive Officer982,7981954
Mr. Michael R. Dury M.B.A.President & Chief Executive Officer of Merchants Capital Corp6.2M1985
Mr. Sean A. SieversChief Financial Officer695,002N/A
Mr. Michael J. DunlapPresident, Chief Operating Officer & Director854,3501966
Mr. Martin A. SchroeterPresident of Warehouse Lending1.27M1963
Ms. Tami DurleManager SEC Reporting0N/A
Mr. Darin ThomasChief Accounting Officer01968
Ms. Vickie VandivierExecutive Vice President & Investment Officer0N/A
Mr. Terry A. OznickSecretary & General Counsel01984
Mr. Kevin T. LangfordChief Administrative Officer01968

Description

Merchants Bancorp operates as the diversified bank holding company in the United States. The company operates through Multi-family Mortgage Banking, Mortgage Warehousing, and Banking segments. The Multi-family Mortgage Banking segment originates and services government sponsored mortgages for multi-family and healthcare facilities. This segment also offers customized loan products for independent living, assisted living, memory care, and skilled nursing projects; and operates as a syndicator of low-income housing tax credit and debt funds. The Mortgage Warehousing segment funds agency eligible residential loans, including origination, purchase, and sale in the secondary market, 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, such as various types of deposit products, as well as multi-family construction and bridge, commercial real estate, commercial and industrial, agricultural, residential mortgage, and consumer loan products. This segment also provides single-family mortgage lending; construction, bridge, and lot financing; first-lien home equity lines of credit; and small business administration lending products and services. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.