Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Merchants Bancorp (Nasdaq: MBIN) declared quarterly cash dividends for the second quarter of 2026, payable July 1, 2026, to shareholders of record on June 15, 2026.

Rhea-AI Summary

Merchants Bancorp (Nasdaq: MBIN) declared quarterly cash dividends for the second quarter of 2026, payable July 1, 2026, to shareholders of record on June 15, 2026.

Dividends include $0.11 per common share and specified amounts on Series C, D, and E preferred shares and related depositary shares.

Positive

• Quarterly common dividend of $0.11 per share declared for Q2 2026
• Series C preferred dividend of $15.00 per share ($0.375 per depositary share)
• Series D preferred dividend of $20.625 per share ($0.5156 per depositary share)
• Series E preferred dividend of $19.06 per share ($0.4765 per depositary share)
• Single record date of June 15, 2026 and payment on July 1, 2026

Negative

• None.

Argus May 22 session

-1.18% close to close Open Argus

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News Market Reaction – MBIN

On May 22, the first trading day after this news, MBIN closed 1.18% below the previous close.

Data tracked by StockTitan Argus for the May 22 session.

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CARMEL, Ind., May 21, 2026 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors declared the following quarterly cash dividends for the second quarter of 2026, in each case to shareholders of record on June 15, 2026, payable on July 1, 2026:

• A dividend of $0.11 per share on the Company's outstanding shares of its common stock (NASDAQ:MBIN);
• A dividend of $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN);
• A dividend of $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM).
• A dividend of $19.06 per share (equivalent to $0.4765 per depositary share) on the Company's outstanding shares of its 7.625% Series E preferred stock (NASDAQ:MBINL).

ABOUT MERCHANTS BANCORP
Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that primarily offers multi-family housing and healthcare facility financing and servicing (through this segment it also serves as a syndicator of low-income housing tax credit and debt funds); Mortgage Warehousing that offers mortgage warehouse financing, commercial loans, and deposit services; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking.  Merchants Bancorp, with $20.3 billion in assets and $13.0 billion in deposits as of March 31, 2026, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Investment Partners, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at investors.merchantsbancorp.com.

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SOURCE Merchants Bancorp

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What quarterly dividend did Merchants Bancorp (MBIN) declare on its common stock for Q2 2026?

Merchants Bancorp declared a quarterly common dividend of $0.11 per share for Q2 2026. According to Merchants Bancorp, this dividend is payable July 1, 2026, to shareholders of record as of June 15, 2026.

What is the Series C preferred stock dividend for Merchants Bancorp (NASDAQ: MBINN) in Q2 2026?

Merchants Bancorp declared a Series C preferred dividend of $15.00 per share, or $0.375 per depositary share. According to Merchants Bancorp, this Q2 2026 dividend is payable July 1, 2026, to holders of record on June 15, 2026.

How much is the Series D preferred dividend for Merchants Bancorp (NASDAQ: MBINM) for the second quarter of 2026?

The Series D preferred dividend is $20.625 per share, equivalent to $0.5156 per depositary share. According to Merchants Bancorp, shareholders of record on June 15, 2026, will receive payment on July 1, 2026.

What dividend was declared on Merchants Bancorp Series E preferred stock (NASDAQ: MBINL) for Q2 2026?

Merchants Bancorp declared a Series E preferred dividend of $19.06 per share, or $0.4765 per depositary share. According to Merchants Bancorp, the dividend is payable July 1, 2026, to shareholders of record on June 15, 2026.

When are the record date and payment date for Merchants Bancorp (MBIN) Q2 2026 dividends?

All Q2 2026 common and preferred dividends share a record date of June 15, 2026 and a payment date of July 1, 2026. According to Merchants Bancorp, this timing applies across common and Series C, D, and E preferred shares.