MBIN Merchants Bancorp

Merchants Bancorp

Major Banks

Finance

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. 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 comprising checking, savings, money market, certificates of deposit, and time deposit accounts; and multi-family construction and bridge, commercial real estate, commercial and industrial, residential mortgage, and consumer loan products. This segment also engages in the agricultural lending, small business administration lending, single-family mortgage lending, and correspondent lending and servicing businesses. It operates 16 branches in various states, including Indiana, Illinois, Florida, New York, and Minnesota. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

IPO Year: 2017

Exchange: NASDAQ

Website: merchantsbankofindiana.com

Peers

$FRME

Recent Analyst Ratings for Merchants Bancorp

Date	Price Target	Rating	Analyst
9/9/2024	$54.00	Equal-Weight	Morgan Stanley
7/30/2024	$55.00 → $58.00	Strong Buy → Outperform	Raymond James
11/2/2021	$49.00 → $55.00	Strong Buy	Raymond James
8/26/2021	$57.00 → $49.00	Strong Buy	Raymond James

See more ratings

Merchants Bancorp

Peers

Recent Analyst Ratings for Merchants Bancorp

Merchants Bancorp

Peers

Recent Analyst Ratings for Merchants Bancorp

Merchants Bancorp Insider Trading

Chief Financial Officer Sievers Sean A. bought $74,375 worth of shares (2,500 units at $29.75), increasing direct ownership by 44% to 8,207 units (SEC Form 4)

Chairman and CEO Petrie Michael F. gifted 20,000 shares, decreasing direct ownership by 1% to 1,919,428 units (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $504,936 worth of shares (16,000 units at $31.56), increasing direct ownership by 15% to 122,574 units (SEC Form 4)

Director Catchings Tamika was granted 536 shares, increasing direct ownership by 10% to 5,906 units (SEC Form 4)

Director Shane David N. was granted 536 shares, increasing direct ownership by 2% to 22,048 units (SEC Form 4)

Director Sellers Anne E. was granted 536 shares, increasing direct ownership by 5% to 10,799 units (SEC Form 4)

Director O'Brien Patrick D. was granted 536 shares, increasing direct ownership by 0.46% to 117,861 units (SEC Form 4)

Director Juster Andrew was granted 536 shares, increasing direct ownership by 2% to 24,312 units (SEC Form 4)

Director Gilroy Sue Anne was granted 536 shares, increasing direct ownership by 5% to 12,205 units (SEC Form 4)

Director Dinwiddie Thomas was granted 536 shares, increasing direct ownership by 3% to 20,906 units (SEC Form 4)

Merchants Bancorp Insider Purchases

Chief Financial Officer Sievers Sean A. bought $74,375 worth of shares (2,500 units at $29.75), increasing direct ownership by 44% to 8,207 units (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $504,936 worth of shares (16,000 units at $31.56), increasing direct ownership by 15% to 122,574 units (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $101,992 worth of shares (3,305 units at $30.86), increasing direct ownership by 3% to 106,574 units (SEC Form 4)

President, COO Dunlap Michael J. bought $122,377 worth of shares (4,000 units at $30.59), increasing direct ownership by 2% to 199,911 units (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $157,002 worth of shares (5,200 units at $30.19), increasing direct ownership by 5% to 103,269 units (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $105,867 worth of shares (2,700 units at $39.21), increasing direct ownership by 3% to 96,493 units (SEC Form 4)

Director O'Brien Patrick D. bought $2,000,000 worth of Series E Depositary Shares (80,000 units at $25.00) and was granted 449 shares (SEC Form 4)

Director Catchings Tamika bought $2,500 worth of Series E Depositary Shares (100 units at $25.00) and was granted 449 shares (SEC Form 4)

Director Shane David N. bought $50,000 worth of Series E Depositary Shares (2,000 units at $25.00) and was granted 449 shares (SEC Form 4)

CEO of Merchants Capital Dury Michael R. bought $201,293 worth of shares (5,200 units at $38.71), increasing direct ownership by 6% to 93,793 units (SEC Form 4)

Merchants Bancorp Press Releases

Merchants Bancorp Reports Second Quarter 2025 Results

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Reports First Quarter 2025 Results

Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Reports Fourth Quarter 2024 Results

Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares

Merchants Bancorp Closes Depositary Share Offering

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Prices Depositary Share Offering

Merchants Bancorp Reports Third Quarter 2024 Results

Merchants Bancorp Leadership Updates

Tamika Catchings and Thomas Dinwiddie Appointed to the Merchants Bancorp Board of Directors

Merchants Bancorp SEC Filings

SEC Form 10-Q filed by Merchants Bancorp

Merchants Bancorp filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form EFFECT filed by Merchants Bancorp

SEC Form S-3 filed by Merchants Bancorp

Merchants Bancorp filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits

SEC Form 10-Q filed by Merchants Bancorp

Merchants Bancorp filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

SEC Form DEFA14A filed by Merchants Bancorp

SEC Form DEF 14A filed by Merchants Bancorp

Merchants Bancorp filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits

Merchants Bancorp Analyst Ratings

Morgan Stanley initiated coverage on Merchants Bancorp with a new price target

Merchants Bancorp downgraded by Raymond James with a new price target

Raymond James reiterated coverage on Merchants Bancorp with a new price target

Raymond James reiterated coverage on Merchants Bancorp with a new price target

Raymond James reiterated coverage on Merchants Bancorp with a new price target

Merchants Bancorp Large Ownership Changes

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

SEC Form SC 13G/A filed by Merchants Bancorp (Amendment)

Merchants Bancorp Financials

Merchants Bancorp Reports Second Quarter 2025 Results

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Reports First Quarter 2025 Results

Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Reports Fourth Quarter 2024 Results

Merchants Bancorp Announces Redemption of Its Series B Preferred Stock and Declares Quarterly Preferred Dividends on Series E Preferred Shares

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Reports Third Quarter 2024 Results

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp Declares Quarterly Common and Preferred Dividends