1 Followers USX:MBIN - Merchants Bancorp Merchants Bancorp
Sector: Financials, Industry: Thrifts & Mortgage Finance
Next Earnings: 26 Oct 2021
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USD 39.29    +0.090 (+0.23%)
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27 Jul 2021


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General

CEO: Mr. Michael J. Dunlap

IPO: 2017-10-27

Headquarters: US

Employees: 404

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Description

Merchants Bancorp is a US-based bank holding company. It operates multiple lines of business focusing on FHA (Federal Housing Administration) multi-family housing and healthcare facility financing and servicing, retail and correspondent residential mortgage banking, traditional community banking. The business segments of the company are: Multi-family Mortgage Banking which originates and services government-sponsored mortgages for multi-family and healthcare facilities; Mortgage Warehousing segment which funds agency-eligible residential loans as well as commercial loans to nondepository financial institutions; and Banking segment that provides a wide range of financial products and services to consumers and businesses, including commercial and other consumer loan products.