merchants bank of indiana focuses on several aspects of mortgage and agricultural lending and retail banking services from four central indiana locations. merchants has $3 billion in assets and 200+ employees. merchants bank of indiana owns pr mortgage & investments, a leading multi-family housing mortgage company in the midwest united states. merchants bank of indiana has been selected as one of the best places to work in indiana for 2016 and 2017. merchants was also recognized by snl financial (an offering of s&p; global intelligence) as one of the top performing community banks nationally with assets between $1 billion and $10 billion. merchants was listed as #25 in the nation, the highest rated indiana bank on the list. the indianapolis business journal (ibj) banking and finance edition in may 2017 listed merchants as the 12th largest indianapolis area bank. in july 2017, the ibj listed merchants bank of indiana as one of the fastest growing companies in the indianapolis area. merc
![Merchants Bancorp logo](/files/LOGO/1629019-MBIN.png)
Company profile
Ticker
MBIN, MBINP, MBINM, MBINN, MBINO
Exchange
Website
CEO
Michael J. Dunlap
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Merchants Asset Management, LLC • Merchants Capital 2021-FLI GP, LLC • Merchants Capital 2021-FLI LP, LLC • -MBI Midtown West, LLC • -MBI Midtown West II, LLC • -MBI Michigan 441, LLC • -OneTrust Funding, Inc. • -Ash Realty Holdings, LLC • -CMG Funding, LLC • -Natty Mac Funding, Inc. ...
MBIN stock data
Latest filings (excl ownership)
8-K
Merchants Bancorp Declares Quarterly Common and Preferred Dividends
16 May 24
8-K
Merchants Bancorp Announces Launch of Common Stock Offering
16 May 24
424B2
Prospectus for primary offering
15 May 24
424B5
Prospectus supplement for primary offering
13 May 24
10-Q
2024 Q1
Quarterly report
10 May 24
8-K
Merchants Bancorp Reports First Quarter 2024 Results
29 Apr 24
ARS
2023 FY
Annual report to shareholders
5 Apr 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
DEF 14A
Definitive proxy
5 Apr 24
25-NSE
Exchange delisting
1 Apr 24
Latest ownership filings
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 508.76 mm | 508.76 mm | 508.76 mm | 508.76 mm | 508.76 mm | 508.76 mm |
Cash burn (monthly) | 25.22 mm | (no burn) | (no burn) | (no burn) | 127.92 mm | 36.55 mm |
Cash used (since last report) | 97.51 mm | n/a | n/a | n/a | 494.55 mm | 141.32 mm |
Cash remaining | 411.25 mm | n/a | n/a | n/a | 14.20 mm | 367.44 mm |
Runway (months of cash) | 16.3 | n/a | n/a | n/a | 0.1 | 10.1 |
Institutional ownership, Q1 2024
11.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 53 |
Opened positions | 41 |
Closed positions | 2 |
Increased positions | 4 |
Reduced positions | 3 |
13F shares | Current |
---|---|
Total value | 62.75 bn |
Total shares | 5.15 mm |
Total puts | 8.40 k |
Total calls | 12.70 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Michael F. Petrie | 3.59 mm | $0.00 |
Valeo Financial Advisors | 235.33 k | $9.63 bn |
PL Capital Advisors | 183.29 k | $7.91 bn |
BK Bank Of New York Mellon | 149.72 k | $6.46 bn |
Empowered Funds | 141.20 k | $6.10 bn |
Assenagon Asset Management | 138.09 k | $5.96 bn |
Denali Advisors | 81.31 k | $3.51 bn |
Allspring Global Investments | 81.26 k | $3.51 bn |
Sapient Capital | 77.21 k | $3.34 bn |
Raymond James & Associates | 54.95 k | $2.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | Gilroy Sue Anne | Common Stock | Grant | Acquire A | No | No | 43.04 | 407 | 17.52 k | 10,381 |
16 May 24 | Thomas Dinwiddie | Common Stock | Grant | Acquire A | No | No | 43.04 | 407 | 17.52 k | 19,082 |
16 May 24 | Tamika Catchings | Common Stock | Grant | Acquire A | No | No | 43.04 | 407 | 17.52 k | 4,082 |
16 May 24 | Sellers Anne E. | Common Stock | Grant | Acquire A | No | No | 43.04 | 407 | 17.52 k | 8,975 |
1 Apr 24 | Kucer Susan Dehner | Series A Preferred Stock | Sale back to company | Dispose D | No | No | 25 | 8,000 | 200.00 k | 0 |
News
Piper Sandler Reiterates Overweight on Merchants Bancorp, Lowers Price Target to $56
17 May 24
Raymond James Reiterates Strong Buy on Merchants Bancorp, Maintains $55 Price Target
15 May 24
Why Alibaba Shares Are Trading Lower By Around 7%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
14 May 24
Reported Earlier, Merchants Bancorp Prices Common Stock Offering Of 2.4M Shares At $43/Share
14 May 24
Merchants Bancorp Announces Launch Of Common Stock Offering Of 2.4M Shares Of Common Stock
13 May 24