Merchants Bancorp
MBINAs of the close on Sep 25, 2026
Price
$52.10
Market cap
$2.39B
P/E (diluted TTM)
—
The fourth quarter's per-share figure could not be confirmed from the annual report
EPS (TTM)
—
The fourth quarter's per-share figure could not be confirmed from the annual report
Dividend yield
—
Dividend records do not yet cover the latest payments
Figures shown here come from public SEC filings. Dates beside each section show the available history.
How Merchants Bancorp Makes Money
No flow chart is shown because the available revenue and expense lines do not reconcile exactly. The reported financial history below remains available.
Financial Summary
Choose a year or quarter, compare it with the same period a year earlier, and open any row for its full filing history.
Loading financial history…
SEC filings supply these figures; updates after the dates shown are not included. This page includes 11 annual periods. The latest annual period ends Dec 31, 2025. The latest insider filing shown is dated Jun 5, 2026. The latest institutional report shown is dated Mar 31, 2026; other ownership filings may exist.
Ownership
Who holds the shares, as reported in SEC ownership filings.
Reported 13F positions
Each row shows what a filer reported for one date, not a current position. The link opens that filing.
| Filer | Report date | Shares | Value | Filing |
|---|---|---|---|---|
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 2026-03-31 | 302,408 | $13M | SEC filing |
| Torren Management, LLC | 2026-03-31 | 38 | $1.63K | SEC filing |
| TWO SIGMA INVESTMENTS, LP | 2026-03-31 | 41,621 | $1.79M | SEC filing |
| FEDERATED HERMES, INC. | 2026-03-31 | 17,844 | $766K | SEC filing |
| Pacific Ridge Capital Partners, LLC | 2026-03-31 | 28,753 | $1.23M | SEC filing |
| DIMENSIONAL FUND ADVISORS LP | 2026-03-31 | 1,758,985 | $75.5M | SEC filing |
| AMERIPRISE FINANCIAL INC | 2026-03-31 | 72,752 | $3.12M | SEC filing |
| Owl Creek Wealth Partners LLC | 2026-03-31 | 180 | $7.72K | SEC filing |
| SG Americas Securities, LLC | 2026-03-31 | 4,915 | Not shown | SEC filing |
| Essential Partners LLC | 2026-03-31 | 30 | $1.29K | SEC filing |
| AMERICAN CENTURY COMPANIES INC | 2026-03-31 | 742,635 | $31.9M | SEC filing |
| Peloton Wealth Strategists | 2026-03-31 | 5,333 | Not shown | SEC filing |
| Keating Financial Advisory Services, Inc. | 2026-03-31 | 37 | $1.59K | SEC filing |
| YOUSIF CAPITAL MANAGEMENT, LLC | 2026-03-31 | 7,847 | $337K | SEC filing |
| Pinnacle Wealth Planning Services, Inc. | 2026-03-31 | 288 | $12.4K | SEC filing |
| KLP KAPITALFORVALTNING AS | 2026-03-31 | 4,450 | $191K | SEC filing |
| Doma Perpetual Capital Management LLC | 2026-03-31 | 1,115,594 | $47.9M | SEC filing |
| Illinois Municipal Retirement Fund | 2026-03-31 | 15,132 | $649K | SEC filing |
| Quantbot Technologies LP | 2026-03-31 | 1,069 | $45.9K | SEC filing |
| GAMMA Investing LLC | 2026-03-31 | 389 | $16.7K | SEC filing |
- Each value is checked against Merchants Bancorp's share prices from within about three months of its report date (insiders' Form 4 trades and the latest close).
- Value not shown for 2 rows: the filed value is about 1,000 times too small for the share count at Merchants Bancorp's share price.
120 filers have only one report here.
Unusually large insider trades
Each trade is compared with the other insider trades of the same kind in the same security among Merchants Bancorp's recent filings on file. Size alone is context, not a prediction or evidence of improper trading.
- 2026-02-26 · Petrie Michael F.: Larger than 25 of the 26 other insider sales of Series C Depositary Shares on file. SEC filing
- 2026-02-09 · Petrie Michael F.: Larger than all 26 other insider sales of Series C Depositary Shares on file. SEC filing
- 2025-11-21 · Petrie Michael F.: Larger than 24 of the 26 other insider sales of Series C Depositary Shares on file. SEC filing
- 2025-10-30 · Dury Michael R.: Larger than all 14 other insider purchases of Common Stock on file. SEC filing
- 2025-07-30 · Dury Michael R.: Larger than 13 of the 14 other insider purchases of Common Stock on file. SEC filing
- 2024-08-23 · Rogers Randall D.: Larger than 23 of the 25 other insider sales of Common Stock on file. SEC filing
- 2023-11-14 · Rogers Randall D.: Larger than all 25 other insider sales of Common Stock on file. SEC filing
- 2023-11-14 · Rogers Randall D.: Larger than 24 of the 25 other insider sales of Common Stock on file. SEC filing
Independent insiders buying near the same time
- 2025-07-30–2025-08-01: 3 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing )
- 2025-04-29–2025-05-01: 5 event(s) across 2 owner(s) — A cluster counts independent reporting owners that reported purchases within a set time. Co-filers and declared affiliates count once, and duplicate reports of the same event count once. ( filing , filing , filing , filing , filing )
Purchases & sales (open market or private)
| Security | Code | Price | Filing | |||
|---|---|---|---|---|---|---|
| 2026-05-06 | Petrie Michael F. · Chairman and CEO | Common Stock | S — Open market or private sale | −8,334 | 46.86 | SEC filing |
| 2026-05-05 | Petrie Michael F. · Chairman and CEO | Common Stock | S — Open market or private sale | −10,696 | 46.75 | SEC filing |
| 2026-05-05 | Petrie Michael F. · Chairman and CEO | Common Stock | S — Open market or private sale | −20,000 | 46.75 | SEC filing |
| 2026-02-26 | Petrie Michael F. · Chairman and CEO | Common Stock | S — Open market or private sale | −15,000 | 44.05 | SEC filing |
| 2026-02-26 | Petrie Michael F. · Chairman and CEO | Series C Depositary Shares | S — Open market or private sale | −13,871 | 20.25 | SEC filing |
| 2026-02-25 | Petrie Michael F. · Chairman and CEO | Series C Depositary Shares | S — Open market or private sale | −377 | 20.20 | SEC filing |
| 2026-02-18 | Petrie Michael F. · Chairman and CEO | Series C Depositary Shares | S — Open market or private sale | −1,502 | 20.20 | SEC filing |
| 2026-02-17 | Petrie Michael F. · Chairman and CEO | Series C Depositary Shares | S — Open market or private sale | −100 | 20.20 | SEC filing |
Showing 8 of 20 rows
Grants, exercises, tax & gifts
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2026-06-03 | Dury Michael R. · CEO of Merchants Capital | Common Stock | G — Bona fide gift | −10,700 | SEC filing |
| 2026-05-21 | Catchings Tamika · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | Sellers Anne E. · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | JUSTER ANDREW · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | O'Brien Patrick D. · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | Shaffer Mark E. · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | Dinwiddie Thomas · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
| 2026-05-21 | Curless Michael S · Director | Common Stock | A — Grant, award, or other acquisition | +381 | SEC filing |
Showing 8 of 30 rows
Other activity
| Security | Code | Filing | |||
|---|---|---|---|---|---|
| 2025-01-02 | Oznick Terry A · SVP, General Counsel | Series B Depositary Shares | D — Disposition to the issuer | −1,900 | SEC filing |
| 2025-01-02 | Dunlap Michael J. · President, COO | Series B Depositary Shares | D — Disposition to the issuer | −1,500 | SEC filing |
| 2025-01-02 | O'Brien Patrick D. · Director | Series B depositary shares | D — Disposition to the issuer | −6,000 | SEC filing |
| 2025-01-02 | O'Brien Patrick D. · Director | Series B Depositary Shares | D — Disposition to the issuer | −4,000 | SEC filing |
| 2025-01-02 | Petrie Michael F. · Chairman and CEO | Series B Depositary Shares | D — Disposition to the issuer | −21,021 | SEC filing |
| 2024-04-01 | O'Brien Patrick D. · Director | Series A Preferred Stock | D — Disposition to the issuer | −80,000 | SEC filing |
| 2024-04-01 | Dury Michael R. · CEO of Merchants Capital | Series A Preferred Stock | D — Disposition to the issuer | −4,000 | SEC filing |
| 2024-04-01 | O'Brien Patrick D. · Director | Series A Preferred Stock | D — Disposition to the issuer | −23,000 | SEC filing |
Showing 8 of 10 rows
These tables describe filed transactions, not current holdings. Prices are shown as filed; a currency is added only when the filing's data names one. Amended and possible duplicate rows are left out of size comparisons and transaction groups.