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Merchants Bancorp (MBIN)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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24.54-0.12 (-0.49%)
As of 09:37AM EDT. Market open.

Merchants Bancorp

410 Monon Boulevard
Carmel, IN 46032
United States
317 569 7420

Sector(s)Financial Services
Full Time Employees481

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael F. Petrie CMBCo-founder & Chairman821.05kN/A1954
Mr. Michael J. DunlapPres, CEO & Director882.7kN/A1966
Mr. Scott A. EvansCOO, Pres & DirectorN/AN/A1965
Mr. Michael R. Dury M.B.A.Pres of Merchants Capital Corp8.16MN/A1985
Mr. John F. MackeExec. VP & CFON/AN/A1965
Ms. Vickie VandivierVP & Investment OfficerN/AN/AN/A
Mr. Kevin T. LangfordSr. VP & Chief Admin. OfficerN/AN/A1968
Tami DurleMang. SEC ReportingN/AN/AN/A
Mr. Terry A. OznickSr. VP & Gen. CounselN/AN/A1984
Mr. Jeffery L. ScottPres & Exec. VP of SBA LendingN/AN/AN/A
Amounts are as of December 31, 2021 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


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.

Corporate Governance

Merchants Bancorp’s ISS Governance QualityScore as of July 1, 2022 is 7. The pillar scores are Audit: 6; Board: 9; Shareholder Rights: 6; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.