Merchants Bancorp (MBINO) NASDAQ

25.00

-0.01(-0.04%)

Updated at January 02 04:00PM

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

618

First IPO Date

August 19, 2019

Key Executives

NameTitlePayYear Born
Michael F. PetrieCo-founder, Chairman & Chief Executive Officer1.89M1954
Michael R. DuryPresident & Chief Executive Officer of Merchants Capital Corp6.29M1985
Martin A. SchroeterPresident of Warehouse Lending1.21M1962
Michael J. DunlapPresident, Chief Operating Officer & Director1.66M1966
Jeffery L. ScottPresident & Executive Vice President of SBA Lending0N/A
Kevin T. LangfordExecutive Vice President & Chief Administrative Officer01968
Robert BurtnerExecutive Vice President & Chief Credit Officer0N/A
Sean SieversChief Financial Officer & Principal Accounting Officer0N/A
Terry A. OznickExecutive Vice President & General Counsel01984
Tami DurleManager SEC Reporting0N/A
Vickie VandivierExecutive Vice President & Investment Officer0N/A

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.