Prnewswire·2026-01-28 21:10Core Viewpoint - Merchants Bancorp has announced a stock repurchase program of up to $100 million, set to expire on December 31, 2027, aimed at enhancing shareholder value [1]. Group 1: Stock Repurchase Program - The stock repurchase program allows Merchants to buy back shares in the open market or through other means, with management determining the appropriate prices, quantities, and terms [2]. - The program is not mandatory and can be modified, suspended, or discontinued at the discretion of the Board of Directors [2]. - Repurchases will be influenced by various factors, including market conditions and the financial and regulatory status of Merchants [3]. Group 2: Company Overview - Merchants Bancorp is a diversified bank holding company based in Carmel, Indiana, recognized as a top-performing U.S. public bank by S&P Global Market Intelligence [4]. - The company operates multiple segments, including Multi-family Mortgage Banking, Mortgage Warehousing, and traditional community banking, with total assets of $19.4 billion and deposits of $13.0 billion as of December 31, 2025 [4].