Welcome to our dedicated page for Merchants Bancorp Ind SEC filings (Ticker: MBIN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Merchants Bancorp (NASDAQ: MBIN) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures, including annual reports on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. As a diversified bank holding company headquartered in Carmel, Indiana, Merchants Bancorp uses these filings to report detailed information about its multi-family mortgage banking, mortgage warehousing, and banking segments.
In its periodic reports, Merchants Bancorp discusses net interest income, noninterest income, credit quality, and capital and liquidity management. Filings describe the composition of multi-family and healthcare loans, warehouse lines to mortgage bankers, and traditional banking activities such as residential mortgage banking, agricultural lending, Small Business Administration lending, and community banking. They also outline the company’s use of loan sales, securitizations, and credit protection arrangements, including credit linked notes and credit default swaps on pools of loans.
Current reports on Form 8-K capture significant events such as quarterly earnings announcements and dividend declarations. For example, an 8-K dated October 28, 2025 furnishes a press release with third quarter 2025 financial results, and an 8-K dated November 19, 2025 reports board-approved cash dividends on common and preferred stock, including Series C, Series D, and Series E preferred shares.
On Stock Titan, users can review these SEC filings alongside AI-powered summaries that explain key points, highlight segment performance, and clarify technical disclosures. The filings page also surfaces information relevant to preferred stockholders and common shareholders, including dividend actions and capital structure changes, helping readers understand how regulatory filings relate to Merchants Bancorp’s overall banking and mortgage activities.
Merchants Bancorp Chief Administrative Officer Kevin T. Langford reported a bona fide gift of 650 shares of common stock. The gift carried no sale price. After the transfer, he holds 36,433 shares directly, including 10,920 unvested restricted stock units that will vest between February 1, 2027 and February 1, 2029.
Merchants Bancorp Chairman and CEO Michael F. Petrie, a more than 10% owner of MBIN, reported open-market sales of Common Stock. He sold 20,000 shares directly on May 5, 2026 at $46.75 per share and 8,334 shares directly on May 6, 2026 at $46.86 per share, leaving him with 1,864,994 directly held shares.
In addition, an entity associated with him, where his spouse is trustee of The Petrie Grandchildren Trust, sold 10,696 Common Stock shares on May 5, 2026 at $46.75 per share, with 736,013 shares remaining in that trust. The filing also notes 48,961 unvested restricted stock units included in his holdings that will vest between February 1, 2027 and February 1, 2029, during which he does not have voting rights or receive dividends on those units.
Merchants Bancorp reported stronger quarterly results with net income of $67.7M for the three months ended March 31, 2026, up from $58.2M a year earlier. Net income allocated to common shareholders rose to $57.5M, with diluted EPS increasing to $1.25 from $0.93.
Total assets grew to $20.32B, driven by loan growth as loans receivable reached $11.40B and loans held for sale $4.71B. Deposits were $12.95B and borrowings increased to $4.77B. The allowance for credit losses on loans stood at $76.8M. Operating cash flow was negative $597.3M, reflecting heavy loan origination and sale activity.
The Charles Schwab Corporation Rule 144 notice reports a sale of 15,000 shares of Common Stock by Michael F Petrie Revocable Trust on 02/26/2026 for $660,697.86. The filing lists Restricted Stock Awards dated 02/01/2025 (23,212 shares) and 02/01/2026 (20,122 shares) as securities noted on the form.
The Charles Schwab Corp. notice of proposed sale of Common stock by a charitable foundation. The filing lists prior gifts of Common shares on 03/16/2021 (93,000 shares) and 11/06/2021 (113,636 shares), and shows recent dispositions by MICHAEL F & JODY J PETRIE FOUNDATION on 02/20/2026 (6,638 shares for $300,036.30) and 02/03/2026 (7,143 shares for $300,004.60). The securities are listed as Common and the exchange referenced is NASDAQ.
Merchants Bancorp reported first quarter 2026 net income of $67.7 million, or $1.25 diluted EPS, up from $58.2 million, or $0.93, in the first quarter of 2025 and roughly in line with the fourth quarter of 2025.
Total assets reached a record $20.3 billion, while tangible book value rose to $38.55 per share. Core deposits grew to $12.1 billion, representing 93% of total deposits, and brokered deposits fell sharply. Asset quality showed mixed trends: criticized loans declined year over year and quarter over quarter, but nonperforming loans increased during the quarter to $247.5 million, or 2.16% of loans receivable.
Net interest income rose 5% versus a year earlier to $128.6 million, while noninterest income nearly doubled, driven by higher loan servicing fees and other income. The efficiency ratio improved to 43.16%, and return on average assets was 1.43%, reflecting solid profitability despite elevated credit costs and charge-offs, particularly in the healthcare and multi-family portfolios.
Merchants Bancorp ownership schedule lists 4,033,647 shares of Common Stock beneficially owned by BlackRock, Inc., representing 8.8% of the class as of 03/31/2026. The filing shows sole voting power over 3,997,810 shares and sole dispositive power over 4,033,647 shares. The schedule is signed by a BlackRock Managing Director on 04/27/2026.
Merchants Bancorp is asking shareholders to vote at its 2026 annual meeting on electing 12 directors, approving 2025 executive pay on an advisory basis, and ratifying Forvis Mazars, LLP as auditor for 2026. The meeting is scheduled for May 21, 2026, with materials delivered primarily online.
The company reports 45,941,666 common shares outstanding on the record date and a majority-of-shares quorum requirement. Seven of the 12 director nominees are classified as independent under Nasdaq rules, and the CEO also serves as Board Chair with an Independent Lead Director structure in place.
For 2025, CEO Michael F. Petrie received salary of $1,000,000 and total compensation of $2,534,695, including restricted stock units and a discretionary bonus. Performance targets for revenue, earnings per share, and return on equity were missed, but the compensation committee approved 75% of target cash and equity incentives for several executives, citing industry conditions and fraud-related credit issues.
Merchants Bancorp (MBIN) update: a group of related filers filed Amendment No. 10 to a Schedule 13G/A reporting beneficial ownership stakes in the company.
The filing shows Michael F. Petrie and Jody J. Petrie each with 12,575,375 shares (reported 27.4% each), plus holdings for Emily J. Pell and two irrevocable trusts totaling additional single-digit percentages. Signatures are dated 04/06/2026.