Merchants Bancorp Revenue, Growth & Competitor Profile

DBA MERCHANTS BANK OF INDIANA

Company Profile & Annual Report for Merchants Bancorp

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Merchants Bancorp Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	500 - 1,000Exact Company Size
Primary Industry	52211 Commercial Banking
Address	410 Monon Blvd Suite 500 Carmel, IN 46032

Note: Revenues for privately held companies are statistical evaluations.


Merchants Bancorp's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Merchants Bancorp's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Merchants Bancorp is classified as operating in the Commercial Banking industry, NAICS Code 52211.

Merchants Bancorp Annual Revenue and Growth Rate

Merchants Bancorp	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2025	$100 - $500 million Details in Premium Report
2024
2023
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Merchants Bancorp's revenues are gauged from an analysis of company filings.

Merchants Bancorp's Income Statement (based on Industry Averages)

Merchants Bancorp P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of Merchants Bancorp's Largest Competitors

A competitive analysis shows these companies are in the same general field as Merchants Bancorp, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	100
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	72
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	20
U.S. BANCORP	Minneapolis, MN	17
TRUIST FINANCIAL	Charlotte, NC	13
MUFG BANK	New York, NY	10
TD BANK	Falmouth, ME	9
FIRST-CITIZENS BANK & TRUST	Raleigh, NC	7
FEDERAL HOME LOAN BANK OF DES MOINES	Des Moines, IA	6

Nearby Competitors

These companies are similar in business line and location to Merchants Bancorp. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MERCHANTS BANCORP	Carmel, IN	100
FIRST INTERNET BANK OF INDIANA	Fishers, IN	62
MERCHANTS BANCORP OF IN	Carmel, IN	36
FARMERS BANK	Frankfort, IN	14
ENCOMPASS CREDIT UNION INDIANA	Tipton, IN	8
MADISON COUNTY FEDERAL CREDIT UNION	Anderson, IN	6

Other Companies at 410 Monon Blvd, Carmel IN

Company	Headquarters	Revenue ($ MM)
MAH WOODLAKE VILLAGE I	Carmel, IN	0
RDOOR HOUSING	Carmel, IN	0
MAH CONCORD COMMONS II	Carmel, IN	0
KENWOOD PLACE I	Carmel, IN	0

Future Competition: Merchants Bancorp's Fastest Growing Competitors

These companies are in the same general field as Merchants Bancorp and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)