
Releases
Merchants Bancorp Profit Surges 106% as Asset Quality Improves
Merchants Bancorp reported a sharp increase in second-quarter net income to $78.3 million, a 106% jump from a year ago. The Carmel, Indiana-based firm attributed the growth to a significant reduction in credit loss provisions and record-breaking asset levels, which reached $21.2 billion by the end of June.

























