Merchants Bancorp
MBINL
NASDAQ Capital Market24.81
USD
+0.16
- -
Merchants Bancorp
MBINL
(NASDAQ Capital Market)
Recent
price
24.81
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Merchants Bancorp (Nasdaq: MBINL) operates as a diversified bank holding company in the United States, conducting business primarily through its subsidiaries including Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage. The company functions across three main segments: Multi-family Mortgage Banking, which originates and services government-sponsored mortgages such as FHA-backed loans, bridge financing for multi-family housing projects, construction lending for multi-family rental housing and healthcare facilities, customized loans for skilled nursing facilities including independent living, assisted living, and memory care, and tax credit equity syndication services; Mortgage Warehousing, which provides funding for agency-eligible residential loans and commercial loans to non-depository financial institutions; and Banking, which offers retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and small business administration lending to consumers and businesses. Founded in 1990 and headquartered in Carmel, Indiana, at 410 Monon Boulevard, Merchants Bancorp serves markets focused on commercial and residential mortgage finance, affordable housing development, and community banking, with total assets reaching $19.4 billion and core deposits of $12.8 billion as of recent reports. Recent developments include Merchants Capital surpassing $1.08 billion in tax credit equity raised in 2024 across multi-investor offerings ($900 million), state credit syndications ($68.8 million), and proprietary fund investments ($1.1 billion), with cumulative raises exceeding $2.1 billion since 2021; key fund closings such as the $131.2 million Merchants Capital Tax Credit Equity Fund 21, LLC in January 2025 with eight bank investors and the record $293 million Merchants Capital Tax Credit Equity Fund 19, L.P. in September 2024 with a large institutional investor; completion of a 7.625% Series E Preferred Stock offering raising $222.7 million; execution of a credit default swap on $1.2 billion in warehouse loans; and record asset growth to $19.4 billion with loans receivable at $10.5 billion.