Merchants Bancorp: Peers

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

Pay peer group, FY2025 (Dec) proxy

Walker & Dunlop
Wsfs Financial
Atlantic Union Bankshares
Wafd
CVB Financial
Hope Bancorp
Trustmark
Provident Financial Services
NBT Bancorp
First Merchants
QCR Holdings
BannerNot disclosedNot disclosed
Customers BancorpNot disclosedNot disclosed
Dime Community Bancshares Inc.Not disclosedNot disclosed
Eastern BanksharesNot disclosedNot disclosed
First Financial BancorpNot disclosedNot disclosed
First Interstate BancsystemNot disclosedNot disclosed
Independent BankNot disclosedNot disclosed
Lakeland FinancialNot disclosedNot disclosed
Texas Capital Bancshares Inc.Not disclosedNot disclosed
United Bankshares Inc.Not disclosedNot disclosed
WesbancoNot disclosedNot disclosed
22 companies

Changes by year

FY2025 (Dec) proxy

  • RemovedBerkshire Hills Bancorp Inc.pay peer group
  • RemovedBrookline Bancorp Inc.pay peer group
  • RemovedEagle Bancorppay peer group
  • RemovedFirst Busey Corp /NV/pay peer group
  • RemovedFirst Foundation Inc.pay peer group
  • RemovedHomeStreet Inc.pay peer group
  • RemovedOceanfirst Financialpay peer group
  • RemovedPacific Premier Bancorppay peer group
  • RemovedS&T Bancorp Inc.pay peer group
  • RemovedBancorppay peer group
  • RemovedTrico Bancshares /pay peer group

FY2024 (Dec) proxy

  • RemovedBanc Of Californiapay peer groupThe Compensation Committee believed the existing peer group, selected in late 2022, to still be appropriate and reflective of other institutions which operate similar lines of business, including having substantial multifamily assets, and did not make any changes with the exception of removing Banc of California Inc. and Provident Financial Services, each of which completed substantial merger transactions in 2023 or 2024, making them less comparable to the Company
  • RemovedProvident Financial Servicespay peer groupThe Compensation Committee believed the existing peer group, selected in late 2022, to still be appropriate and reflective of other institutions which operate similar lines of business, including having substantial multifamily assets, and did not make any changes with the exception of removing Banc of California Inc. and Provident Financial Services, each of which completed substantial merger transactions in 2023 or 2024, making them less comparable to the Company

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. Each company counts TSR from its own start year, so two values compare only when the start years match.