How many employees work at Merchants Bank NA?
Merchants Bank, NA (Winona, Minnesota) has approximately 387 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Merchants Bank NA’s total headcount has declined 1.8% from 394 employees in 2023 to 387 in 2026.
Is Merchants Bank NA hiring right now?
No, Merchants Bank NA is not actively hiring. Merchants Bank NA had 0 active job postings in 2026, a 0.0% no change from 2025 — see job openings & hiring trends.
About Merchants Bank NA’s Workforce
Merchants Bank, NA (Winona, Minnesota) is a Financial Services company that employs 387 people worldwide as of March 2026. It is the 11th-largest by headcount among its peers. Founded in 1875, the company is headquartered in Winona, Minnesota.
Merchants Bank NA's workforce has declined 1.8% from 2023 to 2026, down 0.8% year over year in 2026. It fell to a low of 370 in 2025 Q2 before recovering. Its workforce is concentrated most in North America (98.9%), followed by Southeast Asia (0.4%) and Northern Europe (0.4%).
Merchants Bank NA's functional groups are Finance and Operations (64.2%), Sales and Marketing (24.4%), and Engineering (11.5%), with Finance and Operations growing fastest (up 5.8%). The average salary is $78,155, highest in North America at a median of $53,000, up 0.8% year over year in 2026.
Merchants Bank NA's hiring activity held steady in 2026. Overall employee sentiment is neutral and broadly stable.
Sourced from Revelio Labs workforce data.
- Headquarters
- Winona, Minnesota
- Founded
- 1875
- Industry
- Financial Services
- Employees
- 387
- YoY
- -0.8% (+9)
As of March 2026
Merchants Bank NA workforce metrics
Unlock hiring rate, attrition rate, and 12 additional workforce metrics for Merchants Bank NA. Compare to peers, export the dataset, and access the full quarterly history.
Unlock MetricsMerchants Bank NA Annual Employee Count (2023-2026)
- Merchants Bank NA had 387 employees in 2026, a 0.8% decline (+9) from 2025.
- Merchants Bank NA had 378 employees in 2025, a 2.7% decline from 2024.
- Merchants Bank NA had 378 employees in 2024, a 0.5% increase (-12) from 2023.
- Merchants Bank NA had 390 employees in 2023, a 1.4% decline (-8) from 2022.
Merchants Bank NA's total workforce has grown from 370 employees in 2025 to 387 in 2026. Merchants Bank NA's headcount peaked at 395 in 2023 before declining in 2025 and recovering through 2026.
Merchants Bank, NA (Winona, Minnesota) quarterly employee count
| Year | Qtr | Employees | YoY Change | YoY % |
|---|---|---|---|---|
| 2026 | Q1 | 387 | +9 | -0.8% |
| 2025 | Q4 | 378 | +0 | -2.7% |
| 2025 | Q3 | 372 | -3 | -1.9% |
| 2025 | Q2 | 370 | -13 | -2.1% |
| 2025 | Q1 | 378 | -5 | -0.9% |
| 2024 | Q4 | 378 | -12 | +0.5% |
| 2024 | Q3 | 375 | -20 | -0.4% |
| 2024 | Q2 | 383 | -11 | +0.3% |
| 2024 | Q1 | 383 | -13 | -0.8% |
| 2023 | Q4 | 390 | -8 | -1.4% |
| 2023 | Q3 | 395 | -6 | -1.3% |
| 2023 | Q2 | 394 | -8 | -1.3% |
See Merchants Bank NA's complete headcount history, including quarterly breakdowns.
Get the DataMerchants Bank NA Employee Count by Region (2026)
North America accounts for the largest share of Merchants Bank NA's global workforce with approximately 99% of total employees, followed by Southeast Asia and Northern Europe.
Merchants Bank NA employees by region
| Region | Employees | % of Total |
|---|---|---|
| North America | 381 | 98.9% |
| Southeast Asia | 2 | 0.4% |
| Northern Europe | 2 | 0.4% |
| Sub-Saharan Africa | 1 | 0.3% |
Drill into city-level data, hiring trends by region, and historic geographic shifts.
Unlock Geographic DataMerchants Bank NA Employee Count by Department (2026)
Merchants Bank NA's employee groups are Finance and Operations (64.2%), Sales and Marketing (24.4%), and Engineering (11.5%).
Merchants Bank NA employees by department
| Department | Employees | % of Total |
|---|---|---|
| Finance and Operations | 247 | 64.2% |
| Sales and Marketing | 94 | 24.4% |
| Engineering | 44 | 11.5% |
Compare Merchants Bank NA's department mix to industry peers.
See Full DataMerchants Bank NA Employee Salary by Region (2026)
Merchants Bank NA's average employee salary is $78,155 globally. Employees in North America receive the highest compensation.
Merchants Bank NA median employee salary by region (USD)
| Region | Median Salary |
|---|---|
| North America | $53,000 |
Unlock salary by role, level, and city — and compare to Merchants Bank NA's industry peers.
Unlock Salary DataMerchants Bank NA Job Openings and Hiring Trends (2023-2026)
- Merchants Bank NA had 0 active job postings in 2026, a 0% no change from 2025.
- Merchants Bank NA had 0 active job postings in 2025, a 200.0% decline (-6) from 2024.
- Merchants Bank NA had 6 active job postings in 2024, a 200.0% increase (+6) from 2023.
- Merchants Bank NA had 0 active job postings in 2023, a 0% no change from 2022.
- Hiring velocity in 2026: 0 new roles/month, up from 0 in 2025 and 1 in 2024.
Merchants Bank NA's hiring activity held steady in 2026.
Track new postings per month, role-level demand, and hiring velocity vs. peers.
Unlock Hiring DataMerchants Bank NA Employee Sentiment (2026)
Revelio Labs tracks employee sentiment across Merchants Bank NA's workforce based on public professional data. Overall sentiment is neutral and has held steady year over year in 2026.
Overall
Unlock the full sentiment breakdown by department, tenure, and trend over time.
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Frequently Asked Questions About Merchants Bank NA
- How fast is Merchants Bank NA growing?
- In 2026, Merchants Bank NA's headcount shrank 0.8% to 387 employees, up from 378 in 2025.
- See the full headcount history
- Where are Merchants Bank NA employees located?
- Most Merchants Bank NA employees are based in North America (98.9% of headcount), followed by Southeast Asia and Northern Europe.
- Explore where the workforce is based
- What is the average salary at Merchants Bank NA?
- The average employee salary at Merchants Bank NA is approximately $78.2k per year.
- Analyze the salary distribution
- How many new job postings does Merchants Bank NA open per year?
- In Q1 2026, Merchants Bank NA opened 0 new job postings. In 2025, Merchants Bank NA opened 2 new job postings — about 0 per month.
- Track hiring trends by role
- When was Merchants Bank NA founded and where is it headquartered?
- Merchants Bank NA was founded in 1875 and is headquartered in Winona, Minnesota.
- Compare Merchants Bank NA to industry peers
Speak with a workforce expert about Merchants Bank NA.
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