Merchants Bancorp

Merchants Bancorp

MBIN· Finance· Fiscal year ends in December

CEO pay in FY2025Stock -6.6% in FY2025

Michael R. Dury is the CEO of Merchants Bancorp and was paid $6.6M in FY2025 (Dec).

Pay$100 in the stock at the end of FY24 → $93
CEO pay is from each Merchants Bancorp proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Executives5

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  1. 1Michael R. DuryFY2025
  2. 2Martin A. SchroeterFY2025
  3. 3Michael F. PetrieNot disclosed
  4. 4Michael J. DunlapNot disclosed
  5. 5Sean A. SieversNot disclosed

Named executives and their total pay, from the Summary Compensation Table of the latest proxy.

Merchants Bancorp paid its 2 named executives $8.0M in total in FY2025 (Dec). CEO Michael R. Dury was paid $6.6M of that.

Name
Michael R. DuryPresident and Chief Executive Officer of Merchants Capital
Martin A. SchroeterPresident – Warehouse Lending

of each named executive, from the Summary Compensation Table of each proxy.

Peers22

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The FY2025 (Dec) proxy of Merchants Bancorp names 22 peer companies for pay. Among Merchants Bancorp and these peers, CEO pay was 10th highest of 12 and total shareholder return was 2nd highest of 12.

10th highest of 12in Merchants Bancorp and its pay peers, FY2025 (Dec) by CEO pay:

$1.7M$15.5M

2nd highest of 12in Merchants Bancorp and its pay peers, FY2025 (Dec) by total shareholder return:

$75$215

The comes from the company's proxy. CEO pay and of each company come from its own Pay versus Performance table for the same fiscal year.

Board5

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  • Andrew A. JusterLead independent director · 6 yr on the boardIndependentAudit (Chair), Compensation, Nominating and Corporate Governance, Risk—Paid as an executive
  • Patrick D. O’BrienDirector · 12 yr on the boardIndependentAudit, Compensation (Chair), Nominating and Corporate Governance, Risk—Paid as an executive
  • Anne E. SellersDirector · 8 yr on the boardIndependentAudit, Compensation, Nominating and Corporate Governance (Chair), Risk—Paid as an executive
  • Tamika D. CatchingsDirector · 3 yr on the boardIndependentAudit, Compensation, Nominating and Corporate Governance, Risk—Paid as an executive
  • Thomas W. DinwiddieDirector · 3 yr on the boardIndependentRisk—Paid as an executive

The board of the latest proxy (FY2025).

Activity

No new filings about this company in the feed.

Filings6

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Proxy statementDEF 14AApr 10, 2026FY2025
Annual report10-KFeb 27, 2026FY2025
Proxy statementDEF 14AApr 4, 2025FY2024
Annual report10-KFeb 28, 2025FY2024
Proxy statementDEF 14AApr 5, 2024FY2023
Annual report10-KMar 12, 2024FY2023