- CEO
- Marcus Lingel
- Full Time Employees
- 532
- Sector
- Finance
- Industry
- Regional banks
- Address
- Bayerstr. 33 Munich BV Germany 80335
- IPO Date
- Mar 23, 1999
- Business
- MERKUR PRIVATBANK KGaA (MBK.DE) operates as an owner-managed, publicly listed private bank in Germany, pursuing a dual-pillar business model focused on wealth management for private individuals, families, and foundations; specialized financing for medium-sized enterprises, property developers, real estate investors, and leasing companies; private and business accounts; securities accounts and brokerage; fixed-term deposits; payment services including Mastercards; and credit solutions such as overdraft facilities and project financing. The bank maintains a nationwide online platform complemented by physical branches in Bavaria, Hesse, Baden-Württemberg, North Rhine-Westphalia, Saxony, and Thuringia, with a particular emphasis on residential real estate development financing in core markets like Munich, Nuremberg, and Stuttgart. Founded in 1923 with roots tracing to Josef Schilling's banking operations in Hammelburg, it is headquartered at Bayerstr. 33 in Munich and employs approximately 500 staff, with assets under management reaching EUR 4.1 billion as of late 2024.
In recent developments, the bank reported strong profitable growth through the first nine months of 2025, with earnings releases highlighting high result dynamics in the first half and robust first-quarter performance, alongside a proposed stable dividend of EUR 0.50 per share in April 2025. Wealth management assets grew approximately 5% quarter-on-quarter to EUR 4.1 billion by Q3 2024, driving commission income up 40% year-on-year after nine months, while the loan portfolio stabilized following 2023 expansion amid a soft real estate market. The bank terminated takeover discussions with Otto M. Schröder Bank without agreement, opting to prioritize organic growth, and insider transactions included share purchases by key figures such as Dr. Marcus Lingel and Magnus Vermögensverwaltungs GmbH through late 2024 and early 2025; its structure was notably enhanced by the 2019 integration of Bank Schilling & Co AG, bolstering private banking capabilities.