#United States #dividends #Carmel #Merchants Bancorp #Preferred Stock

Merchants Bancorp Announces Dividend Declarations

Merchants Bancorp, the parent company of Merchants Bank of Indiana, recently made an announcement regarding its quarterly dividend declarations for the third quarter of 2025. The Board of Directors has approved a series of cash dividends aimed at rewarding shareholders of both common and preferred stock. The announcement was made on August 21, 2025, and detailed various dividends per share for different classes of stock.

For common stockholders, Merchants Bancorp is declaring a cash dividend of $0.10 per share on its outstanding shares. This dividend is designated for shareholders recorded on September 15, 2025, and will be payable on October 1, 2025.

In addition to the common stock dividend, preferred stockholders will also see significant benefits. The company declared the following dividends on its preferred shares:

• - $15.00 per share on its 6% Series C preferred stock, which converts to about $0.375 per depositary share.
• - $20.625 per share on its 8.25% Series D preferred stock, translating to approximately $0.5156 per depositary share.
• - $19.06 per share on its Series E preferred stock, valued at about $0.4765 per depositary share.

This initiative to declare cash dividends underscores Merchants Bancorp's commitment to its shareholders and demonstrates the strong performance of the bank. In fact, the company has been ranked as one of the top-performing U.S. public banks by S&P Global Market Intelligence. As of June 30, 2025, Merchants reported impressive assets totaling $19.1 billion and deposits amounting to $12.7 billion.

Merchants Bancorp operates through a variety of segments, including multifamily mortgage banking, mortgage warehousing, and community banking. These segments cater to various financing needs, ranging from multifamily housing to traditional agricultural lending. With its diverse portfolio, the bank not only supports its shareholders but also contributes to the financial needs of communities across Indiana.

The bank continues to seek growth opportunities while ensuring stability and rewarding its investors. By announcing these dividends, Merchants Bancorp aims to strengthen its relationship with shareholders and illustrate its confidence in ongoing performance and profitability.

For more detailed financial information, interested parties can visit Merchants Bancorp's dedicated investor relations page at investors.merchantsbancorp.com.

In conclusion, the quarterly common and preferred dividends signify Merchants Bancorp's ongoing dedication to delivering value to its shareholders while maintaining robust financial health as a key player in the banking industry. Investors will be looking forward to the payment of these dividends on October 1, 2025, as a reflection of the bank’s solid performance and growth strategy moving forward.