Shane David N., an insider at Merchants Bancorp (MBIN), purchased 23,150 shares of the company on November 18, 2025, at a price of $31.17 per share, resulting in a total transaction value of $722,000. Following this transaction, he holds 23,150 shares of the bank holding company.
Merchants Bancorp operates primarily through its subsidiaries, including Merchants Bank of Indiana and Merchants Capital Corp., with a market capitalization of $1.4 billion. The company specializes in various lines of banking and finance, including multifamily mortgage banking and traditional community banking, employing 663 full-time staff.
Insider transactions are reported to the SEC, offering transparency into the actions of company executives. While Shane David N.'s purchase may indicate confidence in the company's future, investors should consider such transactions in the context of broader insider activity and other financial indicators. Merchants Bancorp is expected to report earnings on July 27, 2026, with an estimated EPS of $1.23 and revenue of $183.6 million.