MBINO

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Merchants Bancorp

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Last Update: 14 Jan 2025 17:30:00

Yesterday: 25.

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Merchants Bancorp is a bank holding company based in Carmel, Indiana, United States. It was founded in 1990 and has grown to become one of the largest banks in the state of Indiana. The company operates through its subsidiary, Merchants Bank of Indiana, which offers a range of banking products and services to individuals, businesses, and commercial clients.

Merchants Bancorp offers a variety of loan products, including commercial and industrial loans, real estate loans, and consumer loans. It also provides deposit products, such as checking and savings accounts, certificates of deposit, and money market accounts. The bank also offers online and mobile banking services, allowing customers to manage their accounts and conduct transactions from anywhere.

In addition to its banking operations, Merchants Bancorp also has a mortgage banking division that offers a range of mortgage products and services, including conventional, FHA, VA, and USDA loans. The company also provides servicing and subservicing for residential and commercial mortgage loans.

Merchants Bancorp is a publicly traded company and is listed on the NASDAQ stock exchange under the ticker symbol MBIN. As of December 31, 2020, the company had total assets of $10.7 billion and employed approximately 1,000 people.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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