Merchants Bancorp

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, and trades on NASDAQ under the ticker MBIN. It operates through subsidiary Merchants Capital's multi-family and healthcare facility agency (GSE) mortgage lending, mortgage warehousing, and community and retail banking through Merchants Bank of Indiana. The company reported about $21.2 billion in total assets as of mid-2026.