Merchants Bancorp Depositary Shares Rep 1/40 Series B Fixed-to-Floating Rate (MBINO)

• Sector: Financials
• Industry: State Commercial Banks

About: 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.

Employees: 618

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2% more capital invested

Capital invested by funds: $43.1K [Q1] → $44K (+$954) [Q2]

0% more funds holding

Funds holding: 1 [Q1] → 1 (+0) [Q2]

0% more ownership

Funds ownership: 0.04% [Q1] → 0.04% (+0%) [Q2]