#United States #dividends #Carmel #Merchants Bancorp #Banking

Merchants Bancorp Dividend Announcement

On August 20, 2026, Merchants Bancorp, which operates under the NASDAQ symbol MBIN, unveiled significant updates regarding dividends for its shareholders. The bank holding company, which has its roots in Indiana, revealed that the Board of Directors has declared various cash dividends for both common and preferred shareholders, specifically targeting the third quarter of 2026.

The details of the dividends are noteworthy:
1. Common Stock Dividend: A cash dividend of $0.11 per share on all outstanding shares of common stock (NASDAQ: MBIN) will be paid to eligible shareholders.
2. Preferred Stock Dividends: The banks' preferred stock will also see substantial payouts:
- 6% Series C Preferred Stock: Shareholders will receive a dividend of $15.00 per share, equating to $0.375 per depositary share (NASDAQ: MBINN).
- 8.25% Series D Preferred Stock: Holders are set to earn $20.625 per share, equivalent to $0.5156 per depositary share (NASDAQ: MBINM).
- 7.625% Series E Preferred Stock: This will offer shareholders $19.06 per share, roughly $0.4765 per depositary share (NASDAQ: MBINL).

The record date for these dividends will be September 15, 2026, and payments are scheduled for October 1, 2026. This announcement is a commendable move by Merchants Bancorp, reflecting its commitment to rewarding its investors even amid fluctuating market conditions.

About Merchants Bancorp

Founded in Carmel, Indiana, Merchants Bancorp operates a diverse business model. As a registered bank holding company, it engages in various activities, including:

• - Multi-family Mortgage Banking: Specializing in funding and servicing multi-family housing and healthcare facilities. The bank is proactive in syndicating low-income housing tax credits and debt funds, aiding in affordable housing solutions.
• - Mortgage Warehousing: Offering tailored mortgage warehouse financing, commercial loans, and diverse deposit services, emphasizing liquidity and financial stability within the banking sector.
• - Retail Banking Services: Merchants Bancorp delivers correspondent residential mortgage banking and agricultural lending alongside traditional community banking services.

As of June 30, 2026, Merchants Bancorp proudly reported assets totaling $21.2 billion with deposits of $14.3 billion, illustrating its robust standing in the financial industry. The company's strength is further reflected in its subsidiary branches, namely, Merchants Bank of Indiana, Merchants Capital Corporation, and other related entities.

In an ever-evolving financial landscape, Merchants Bancorp continues to thrive by diversifying its offerings while prioritizing shareholder value. Investors interested in following their steady growth can find further financial details on their Investor Relations page at Merchants Bancorp Investors.