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

Merchants Bancorp Dividends Announcement

CARMEL, Ind., May 15, 2025 – Merchants Bancorp (Nasdaq: MBIN), the parent company of Merchants Bank of Indiana, recently unveiled its decision to issue dividends for the second quarter of 2025. The Board of Directors has declared quarterly cash dividends aimed at rewarding shareholders as part of its ongoing fiscal strategy.

Details of the Dividends

The declared dividends come with specific amounts attached for shareholders of record by June 13, 2025, with payment scheduled for July 1, 2025. Here’s a breakdown of the announced dividends:

• - A common stock dividend of $0.10 per share for outstanding shares on the Nasdaq exchange (coupled with the stock symbol MBIN).
• - For its 6% Series C preferred stock, a substantial dividend of $15.00 per share (or $0.375 per depositary share).
• - A significant amount for its 8.25% Series D preferred stock will be $20.625 per share (or $0.5156 per depositary share).
• - Lastly, for the Series E preferred stock, the dividend declared stands at $19.06 per share (or $0.4765 per depositary share).

Company's Overview

Merchants Bancorp continues to mark its presence as a leading performer in the U.S. banking sector. As per rankings by SP Global Market Intelligence, the bank holds a reputable position while operating an extensive financial portfolio. Headquartered in Carmel, Indiana, Merchants Bancorp is recognized not just for its strength in retail banking but also for its innovative finance solutions across various segments including:

• - Multi-family Mortgage Banking: Facilitating financing and servicing for multi-family housing and healthcare industry needs.
• - Mortgage Warehousing: Providing warehouse financing tailored for the mortgage sector.
• - Diverse Banking Services: Offering a suite of banking services ranging from agricultural lending to traditional community banking features.

In terms of assets, Merchants Bancorp boasts impressive numbers, standing at $18.8 billion in assets and $12.4 billion in deposits as of March 31, 2025. This data reflects the trust and commitment the bank has earned among its customers through consistent performances and strategic growth initiatives.

Additional Information

Merchants Bancorp conducts its operations through a network of subsidiaries that include the Merchants Bank of Indiana, various Capital Corp entities, and divisions like Merchants Asset Management and Merchants Mortgage, which enhances its capabilities in delivering banking operations in a competitive market.

For ongoing updates on financial performance or any future announcements from Merchants Bancorp, interested parties are encouraged to check their Investor Relations page available at Merchants Investor Relations.

In conclusion, as Merchants Bancorp upholds its positive trajectory with fruitful quarterly dividends, shareholders can expect a commendable return on their investments fueled by the bank's strategic plans and robust financial health.