USX:MBINP - Merchants Bancorp Merchants Bancorp PR
Sector: Financials, Industry: Regional Banks
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Yahoo Finance (Live Price) Note: This stock seems to be inactive

USD 24.98    +0.0 (+0%)

10 Apr 2024


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General

CEO: Mr. Michael F. Petrie CMB

IPO: 2019-03-26

Headquarters: US

Employees: 556

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Description

Merchants Bancorp is a United States 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.

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