Merchants Bancorp (3KD.F)

39.80 +2.40 (+6.42%) At close: 09:55PM CEST

Merchants Bancorp

410 Monon Boulevard
Carmel, IN 46032
United States
317 569 7420
https://www.merchantsbancorp.com

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 618

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael F. Petrie CMB	Co-founder, Chairman & CEO	1.77M	N/A	1954
Mr. Michael J. Dunlap	President, COO & Director	1.56M	N/A	1966
Mr. John F. Macke	Executive VP, CFO & Principal Accounting Officer	586.9k	N/A	1965
Mr. Martin A. Schroeter	President of Warehouse Lending	1.14M	N/A	1963
Mr. Michael R. Dury M.B.A.	President & CEO of Merchants Capital Corp	5.9M	N/A	1985
Ms. Vickie Vandivier	Executive VP & Investment Officer	N/A	N/A	N/A
Mr. Kevin T. Langford	Executive VP & Chief Administrative Officer	N/A	N/A	1968
Tami Durle	Manager SEC Reporting	N/A	N/A	N/A
Mr. Terry A. Oznick	Executive VP & General Counsel	N/A	N/A	1984
Mr. Jeffery L. Scott	President & Executive VP of SBA Lending	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Merchants Bancorp operates as the diversified bank holding company in the United States. It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Multi-family Mortgage Banking segment engages in the mortgage banking, which originates and services government sponsored mortgages, including bridge financing products to refinance, acquire, or reposition multi-family housing projects, and construction lending for multi-family and healthcare facilities. This segment also offers customized loan products for need-based skilled nursing facilities, such as independent living, assisted living, and memory care; and tax credit equity syndicator service. The Mortgage Warehousing segment funds agency eligible residential loans, 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, which includes retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending. Merchants Bancorp was founded in 1990 and is headquartered in Carmel, Indiana.

Corporate governance

Merchants Bancorp’s ISS governance QualityScore as of 1 May 2024 is 8. The pillar scores are Audit: 5; Board: 9; Shareholder rights: 7; Compensation: 8.

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 10 indicates higher governance risk.