Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

Merchants Bancorp (Nasdaq: MBIN) declared third-quarter 2026 quarterly cash dividends, payable October 1, 2026 to shareholders of record on September 15, 2026. The board approved a $0.11 per share dividend on common stock, and cash dividends on Series C, D, and E preferred shares with specified per-share and per-depositary-share amounts.

Positive

• $0.11 per share quarterly dividend on common stock for Q3 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
• All dividends payable October 1, 2026 to shareholders of record on September 15, 2026

Negative

• None.

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CARMEL, Ind., Aug. 20, 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 third quarter of 2026, in each case to shareholders of record on September 15, 2026, payable on October 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 $21.2 billion in assets and $14.3 billion in deposits as of June 30, 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

What is the Q3 2026 common stock dividend for Merchants Bancorp (NASDAQ: MBIN)?

Merchants Bancorp declared a quarterly cash dividend of $0.11 per share on its common stock for the third quarter of 2026. According to Merchants Bancorp, this dividend is payable October 1, 2026 to shareholders of record as of September 15, 2026.

What dividend was declared on Merchants Bancorp 6% Series C preferred stock (NASDAQ: MBINN)?

Merchants Bancorp declared a quarterly dividend of $15.00 per share, or $0.375 per depositary share, on its 6% Series C preferred stock. According to Merchants Bancorp, shareholders of record on September 15, 2026 will receive payment on October 1, 2026.

How much is the Q3 2026 dividend on Merchants Bancorp 8.25% Series D preferred stock (NASDAQ: MBINM)?

The company declared a quarterly dividend of $20.625 per share, equivalent to $0.5156 per depositary share, on its 8.25% Series D preferred stock. According to Merchants Bancorp, the dividend is payable October 1, 2026 to holders of record September 15, 2026.

What is the dividend for Merchants Bancorp 7.625% Series E preferred stock (NASDAQ: MBINL) for Q3 2026?

Merchants Bancorp announced a quarterly dividend of $19.06 per share, or $0.4765 per depositary share, on its 7.625% Series E preferred stock. According to Merchants Bancorp, shareholders of record on September 15, 2026 will be paid on October 1, 2026.

When are the record date and payment date for Merchants Bancorp (MBIN) Q3 2026 dividends?

All declared common and preferred dividends share the same key dates. According to Merchants Bancorp, shareholders of record on September 15, 2026 will receive their cash dividends on October 1, 2026 for the third quarter of 2026.