v3.26.3
Document and Entity Information
Oct. 28, 2026
Document Type 8-K
Document Period End Date Oct. 28, 2026
Entity File Number 001-38258
Entity Registrant Name Merchants Bancorp
Entity Incorporation, State or Country Code IN
Entity Tax Identification Number 20-5747400
Entity Address State Or Province IN
Entity Address, Address Line One 410 Monon Boulevard
Entity Address, City or Town Carmel
Entity Address, Postal Zip Code 46032
City Area Code 317
Local Phone Number 569-7420
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Entity Central Index Key 0001629019
Amendment Flag false
Common Stock [Member]  
Title of 12(b) Security Common Stock, without par value
Trading Symbol MBIN
Security Exchange Name NASDAQ
Series C Preferred Stock [Member]  
Title of 12(b) Security Depositary Shares, each representing a 1/40th interest in a share of Series C Preferred Stock, without par value
Trading Symbol MBINN
Security Exchange Name NASDAQ
Series D Preferred Stock [Member]  
Title of 12(b) Security Depositary Shares, each representing a 1/40th interest in a share of Series D Preferred Stock, without par value
Trading Symbol MBINM
Security Exchange Name NASDAQ
Series E Preferred Stock [Member]  
Title of 12(b) Security Depositary Shares, each representing a 1/40th interest in a share of Series E Preferred Stock, without par value
Trading Symbol MBINL
Security Exchange Name NASDAQ