Key information

🔎 Fund Overview

Merchants Bancorp is a diversified bank holding company. The Company’s subsidiaries include subsidiaries, Merchants Bank of Indiana (Merchants Bank), Farmers-Merchants Bank of Illinois (FMBI) and Merchants Asset Management, LLC (MAM). It operates through three segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking. The Mortgage Banking segment originates, and services government-sponsored mortgages for multi-family and healthcare facilities. The Mortgage Warehousing segment funds agency eligible residential loans from the date of origination or purchase, until the date of sale in the secondary market, as well as commercial loans to non-depository financial institutions. The Banking segment provides a range of financial products and services to consumers and businesses, including retail banking, commercial lending, agricultural lending, retail and correspondent residential mortgage banking, and Small Business Administration (SBA) lending.