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MERCHANTS BANCORP 2023-2024 Proxy Voting Records

Compiled from SEC Form N-PX filings and MERCHANTS BANCORP’s Form 8-K (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 13Ballot items
  • 181Asset managers
  • 2,793Fund votes
  • 2024-05-16Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore MERCHANTS BANCORP in the interactive database Compare manager voting policies

Official 2023-2024 meeting results reported by MERCHANTS BANCORP

These tallies are MERCHANTS BANCORP’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

MERCHANTS BANCORP — official shareholder meeting results, meeting held 2024-05-16
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Michael F. Petrie 25,781,522---- 531,9792,198,229 Majority: yes
Elect Director: Randall D. Rogers 25,471,779---- 841,7222,198,229 Majority: yes
Elect Director: Tamika D. Catchings 21,400,643---- 4,912,8582,198,229 Majority: yes
Elect Director: Thomas W. Dinwiddie 25,437,539---- 875,9622,198,229 Majority: yes
Elect Director: Michael J. Dunlap 25,866,488---- 447,0132,198,229 Majority: yes
Elect Director: Scott A. Evans 25,859,162---- 454,3392,198,229 Majority: yes
Elect Director: Sue Anne Gilroy 21,412,658---- 4,900,8432,198,229 Majority: yes
Elect Director: Andrew A. Juster 21,388,203---- 4,925,2982,198,229 Majority: yes
Elect Director: Patrick D. O'Brien 21,320,419---- 4,993,0822,198,229 Majority: yes
Elect Director: Anne E. Sellers 20,425,722---- 5,887,7792,198,229 Majority: yes
Elect Director: Davie N. Shane 21,314,089---- 4,999,4122,198,229 Majority: yes
Proposal 2: A non-binding, advisory vote on the compensation of the Company's named executive officers. 18,673,1787,634,5825,741 --2,198,229 Majority: yes
Proposal 3: Ratification of the appointment of FORVIS, LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024. 28,302,072204,6894,969 --0 Majority: yes

Source: MERCHANTS BANCORP, Form 8-K — read the filing on EDGAR.

How asset managers voted at the MERCHANTS BANCORP 2023-2024 meeting

Each item below shows how the 181 asset managers that disclosed a MERCHANTS BANCORP vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. A NON-BINDING, ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

71% Majority: yes · of votes cast

FOR 71%AGAINST 29%
FOR: 18,673,178AGAINST: 7,634,582

MERCHANTS BANCORP’s own tally for this item (“Proposal 2: A non-binding, advisory vote on the compensation of the Company's named executive officers.”): 18,673,178 for, 7,634,582 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 43% for, 18% against (61% of the company cast a for/against vote).

The 179 asset managers below cast 16% of the shares they voted on this item FOR (1,812,885 for, 9,362,432 against).

FOR 16%AGAINST 84%
FOR: 1,812,885 (16.2%)AGAINST: 9,362,432 (83.6%)NOT VOTED: 30,193 (0.3%)
Largest asset managers voting on “A NON-BINDING, ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS.” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
BlackRock20,1731,250,736 00Against
Vanguard0993,769 00Against
Dimensional0881,064 00Against
JPMorgan0814,792 00Against
American Century0569,667 00Against
Charles Schwab0485,350 00Against
Federated Hermes507,3683,638 00For
GEODE CAPITAL MANAGEMENT, LLC0496,058 00Against
Fidelity1,077471,552 00Against
State Street364,2435,401 00For
Invesco238,4070 00For
SEI0226,439 00Against
Goldman Sachs0196,691 00Against
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC0185,950 00Against
RBC Capital Markets, LLC0184,248 00Against
PL Capital Advisors, LLC183,2830 00For
BRIDGEWAY CAPITAL MANAGEMENT, LLC0167,211 00Against
BRIDGEWAY FUNDS INC0167,211 00Against
Northern Trust368158,477 00Against
BASSWOOD CAPITAL MANAGEMENT, L.L.C.0147,020 00Against
EA Series Trust140,3470 00For
First Trust096,830 00Against
WisdomTree084,318 00Against
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP082,240 00Against
AIG/SunAmerica078,936 00Against

Showing the 25 largest of 179 asset managers. See all 179 in the interactive database.

2. THE RATIFICATION OF THE APPOINTMENT OF FORVIS, LLP (FORMERLY KNOWN AS BKD, LLP) AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2024.

AUDIT-RELATEDMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

99.2% Majority: yes · of votes cast

FOR 99.2%
FOR: 28,302,072AGAINST: 204,689

MERCHANTS BANCORP’s own tally for this item (“Proposal 3: Ratification of the appointment of FORVIS, LLP as the independent registered public accounting firm of the Company for the fiscal year ending December 31, 2024.”): 28,302,072 for, 204,689 against, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 65% for, 0.5% against (66% of the company cast a for/against vote).

The 68 asset managers below cast 98% of the shares they voted on this item FOR (5,532,755 for, 140,347 against).

FOR 98%
FOR: 5,532,755 (97.5%)AGAINST: 140,347 (2.5%)
Largest asset managers voting on “THE RATIFICATION OF THE APPOINTMENT OF FORVIS, LLP (FORMERLY KNOWN AS BKD, LLP) AS THE COMPANY'S INDEPENDENT R” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab242,6750 00For
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust0140,347 00Against
Invesco116,5310 00For
SEI104,4580 00For
First Trust96,8300 00For
WisdomTree84,3180 00For
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III45,2020 00For
Equitable44,0150 00For
TIAA43,7610 00For

Showing the 25 largest of 68 asset managers. See all 68 in the interactive database.

3. Election of Directors: Andrew A. Juster

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD 19%
FOR: 21,388,203WITHHELD: 4,925,298

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Andrew A. Juster”): 21,388,203 for, 4,925,298 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 49.3% for, 11% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (2,226,748 for, 0 against).

FOR 39%ABSTAIN 61%
FOR: 2,226,748 (39.3%)ABSTAIN: 3,445,714 (60.7%)
Largest asset managers voting on “Election of Directors: Andrew A. Juster” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI104,4580 00For
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

4. Election of Directors: Anne E. Sellers

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

78% Majority: yes · of votes cast

FOR 78%WITHHELD 22%
FOR: 20,425,722WITHHELD: 5,887,779

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Anne E. Sellers”): 20,425,722 for, 5,887,779 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 47.1% for, 14% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (1,599,574 for, 0 against).

FOR 28%ABSTAIN 72%
FOR: 1,599,574 (28.2%)ABSTAIN: 4,072,888 (71.8%)
Largest asset managers voting on “Election of Directors: Anne E. Sellers” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity4,3330 467,2190Abstain
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI00 104,4580Abstain
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

5. Election of Directors: David N. Shane

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD 19%
FOR: 21,314,089WITHHELD: 4,999,412

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Davie N. Shane”): 21,314,089 for, 4,999,412 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 49.2% for, 12% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (2,181,546 for, 0 against).

FOR 38%ABSTAIN 62%
FOR: 2,181,546 (38.5%)ABSTAIN: 3,490,916 (61.5%)
Largest asset managers voting on “Election of Directors: David N. Shane” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI104,4580 00For
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III00 45,2020Abstain
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

6. Election of Directors: Michael F. Petrie

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 25,781,522WITHHELD: 531,979

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Michael F. Petrie”): 25,781,522 for, 531,979 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 59% for, 1% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (5,627,260 for, 0 against).

FOR 99.2%
FOR: 5,627,260 (99.2%)ABSTAIN: 45,202 (0.8%)
Largest asset managers voting on “Election of Directors: Michael F. Petrie” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab242,6750 00For
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust140,3470 00For
Invesco116,5310 00For
SEI104,4580 00For
First Trust96,8300 00For
WisdomTree84,3180 00For
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III00 45,2020Abstain
Equitable44,0150 00For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

7. Election of Directors: Michael J. Dunlap

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 25,866,488WITHHELD: 447,013

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Michael J. Dunlap”): 25,866,488 for, 447,013 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 60% for, 1% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (5,578,517 for, 0 against).

FOR 98%
FOR: 5,578,517 (98.3%)ABSTAIN: 93,945 (1.7%)
Largest asset managers voting on “Election of Directors: Michael J. Dunlap” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab242,6750 00For
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust140,3470 00For
Invesco116,5310 00For
SEI104,4580 00For
First Trust96,8300 00For
WisdomTree00 84,3180Abstain
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III45,2020 00For
Equitable44,0150 00For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

8. Election of Directors: Patrick D. O'Brien

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD 19%
FOR: 21,320,419WITHHELD: 4,993,082

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Patrick D. O'Brien”): 21,320,419 for, 4,993,082 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 49.2% for, 12% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (2,181,546 for, 0 against).

FOR 38%ABSTAIN 62%
FOR: 2,181,546 (38.5%)ABSTAIN: 3,490,916 (61.5%)
Largest asset managers voting on “Election of Directors: Patrick D. O'Brien” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI104,4580 00For
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III00 45,2020Abstain
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

9. Election of Directors: Randall D. Rogers

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 25,471,779WITHHELD: 841,722

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Randall D. Rogers”): 25,471,779 for, 841,722 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 59% for, 2% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (5,287,415 for, 0 against).

FOR 93%
FOR: 5,287,415 (93.2%)ABSTAIN: 385,047 (6.8%)
Largest asset managers voting on “Election of Directors: Randall D. Rogers” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust140,3470 00For
Invesco116,5310 00For
SEI00 104,4580Abstain
First Trust96,8300 00For
WisdomTree84,3180 00For
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

10. Election of Directors: Scott A. Evans

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%
FOR: 25,859,162WITHHELD: 454,339

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Scott A. Evans”): 25,859,162 for, 454,339 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 60% for, 1% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (5,578,517 for, 0 against).

FOR 98%
FOR: 5,578,517 (98.3%)ABSTAIN: 93,945 (1.7%)
Largest asset managers voting on “Election of Directors: Scott A. Evans” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab242,6750 00For
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust140,3470 00For
Invesco116,5310 00For
SEI104,4580 00For
First Trust96,8300 00For
WisdomTree00 84,3180Abstain
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III45,2020 00For
Equitable44,0150 00For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

11. Election of Directors: Sue Anne Gilroy

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD 19%
FOR: 21,412,658WITHHELD: 4,900,843

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Sue Anne Gilroy”): 21,412,658 for, 4,900,843 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 49.4% for, 11% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (2,226,748 for, 0 against).

FOR 39%ABSTAIN 61%
FOR: 2,226,748 (39.3%)ABSTAIN: 3,445,714 (60.7%)
Largest asset managers voting on “Election of Directors: Sue Anne Gilroy” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI104,4580 00For
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

12. Election of Directors: Tamika D. Catchings

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

81% Majority: yes · of votes cast

FOR 81%WITHHELD 19%
FOR: 21,400,643WITHHELD: 4,912,858

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Tamika D. Catchings”): 21,400,643 for, 4,912,858 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 49.4% for, 11% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (2,226,748 for, 0 against).

FOR 39%ABSTAIN 61%
FOR: 2,226,748 (39.3%)ABSTAIN: 3,445,714 (60.7%)
Largest asset managers voting on “Election of Directors: Tamika D. Catchings” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard00 963,6530Abstain
Dimensional00 734,5350Abstain
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan286,7530 5,2750For
American Century00 283,8370Abstain
Charles Schwab00 242,6750Abstain
Federated Hermes238,0830 00For
BRIDGEWAY FUNDS INC00 167,2110Abstain
Goldman Sachs00 151,1270Abstain
EA Series Trust00 140,3470Abstain
Invesco116,5310 00For
SEI104,4580 00For
First Trust00 96,8300Abstain
WisdomTree00 84,3180Abstain
AIG/SunAmerica00 78,9360Abstain
Brighthouse62,7860 9,8990For
RBB FUND, INC.00 70,7670Abstain
Prudential/PGIM50,0350 14,4000For
HOTCHKIS & WILEY FUNDS /DE/00 58,8000Abstain
AMERICAN BEACON FUNDS00 53,7830Abstain
Principal00 51,9930Abstain
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

13. Election of Directors: Thomas W. Dinwiddie

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 3 wordings of this item as funds reported it.

97% Majority: yes · of votes cast

FOR 97%
FOR: 25,437,539WITHHELD: 875,962

MERCHANTS BANCORP’s own tally for this item (“Elect Director: Thomas W. Dinwiddie”): 25,437,539 for, 875,962 withheld, per its Form 8-K (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 43,354,718 outstanding shares: 59% for, 2% withheld (61% of the company cast a for/withheld vote).

The 67 asset managers below cast 100% of the shares they voted on this item FOR (5,292,007 for, 0 against).

FOR 93%
FOR: 5,292,007 (93.3%)ABSTAIN: 380,455 (6.7%)
Largest asset managers voting on “Election of Directors: Thomas W. Dinwiddie” at MERCHANTS BANCORP, 2023-2024
Asset managerForAgainst AbstainWithheldVote
Vanguard963,6530 00For
Dimensional734,5350 00For
BlackRock644,9810 00For
Fidelity471,5520 00For
JPMorgan292,0280 00For
American Century283,8370 00For
Charles Schwab242,6750 00For
Federated Hermes00 238,0830Abstain
BRIDGEWAY FUNDS INC167,2110 00For
Goldman Sachs151,1270 00For
EA Series Trust140,3470 00For
Invesco116,5310 00For
SEI00 104,4580Abstain
First Trust96,8300 00For
WisdomTree84,3180 00For
AIG/SunAmerica78,9360 00For
Brighthouse72,6850 00For
RBB FUND, INC.70,7670 00For
Prudential/PGIM64,4350 00For
HOTCHKIS & WILEY FUNDS /DE/58,8000 00For
AMERICAN BEACON FUNDS53,7830 00For
Principal51,9930 00For
Advisors' Inner Circle Fund III45,2020 00For
Equitable27,4850 16,5300For
TIAA43,7610 00For

Showing the 25 largest of 67 asset managers. See all 67 in the interactive database.

Largest MERCHANTS BANCORP shareholders voting in 2023-2024

Ranked by the number of MERCHANTS BANCORP shares each manager voted on the most widely held ballot item of the 2023-2024 meeting, shown as a share of the 43,354,718 shares outstanding at the time of that meeting.

Top MERCHANTS BANCORP shareholders by shares voted, 2023-2024
#Asset manager % of shares outstanding
1BlackRock 2.93%
2Vanguard 2.29%
3Dimensional 2.03%
4JPMorgan 1.88%
5American Century 1.31%
6Charles Schwab 1.19%
7Federated Hermes 1.18%
8GEODE CAPITAL MANAGEMENT, LLC 1.14%
9Fidelity 1.09%
10State Street 0.85%

Reported MERCHANTS BANCORP ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

MERCHANTS BANCORP beneficial owners on record for the 2023-2024 proxy season
Holder % outstanding Disclosure
BlackRock 4.28% 13F
Vanguard Group 3.18% 13F
Dimensional Fund Advisors 2.14% 13F
Geode Capital 1.14% 13F
State Street 0.94% 13F
Charles Schwab 0.56% 13F
Morgan Stanley 0.54% 13F
JPMorgan Chase 0.41% 13F
Northern Trust 0.39% 13F
BNY Mellon 0.35% 13F

Percentages above are of 43,354,718 shares outstanding, as reported by MERCHANTS BANCORP on its Form 10-Q dated 2024-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2023-2024 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from MERCHANTS BANCORP’s 10-Q dated 2024-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At MERCHANTS BANCORP's shareholder meeting held 2024-05-16, in the 2023-2024 proxy season, 181 asset managers reported how they voted on 13 ballot items in their SEC Form N-PX filings, covering 2,793 separate fund positions. On the most widely held item on that ballot — A NON-BINDING, ADVISORY VOTE ON THE COMPENSATION OF THE COMPANY'S NAMED EXECUTIVE OFFICERS. — FOR was 71% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: MERCHANTS BANCORP's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission (filing date not recorded for this item).

MERCHANTS BANCORP proxy season coverage: 2023-2024 (this page) · 2024-2025 · 2025-2026.