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Merchants Bancorp ceo salary
Michael F. Petrie, Chairman of the Board and Chief Executive Officer of Merchants Bancorp (MBIN), received $2,534,695 ($2.5M) in total compensation for FY2025, down 13.8% from the prior year. Base salary of $1,000,000 was the largest component. Figures come from Merchants Bancorp's DEF 14A filed 10 Apr 2026 (accession 0001104659-26-042047).
Reported total from the latest DEF 14A pay table. Source filing (accession 0001104659-26-042047). These figures come from Merchants Bancorp's DEF 14A filed 10 Apr 2026 (accession 0001104659-26-042047).
| Component | Amount |
|---|---|
| Salary | $1,000,000 |
| Stock awards | $750,006 |
| Cash incentive | $100 |
| Other | $34,589 |
| Total | $2,534,695 |
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See also: MBIN ticker page