Merchants Bancorp Declares Quarterly Common and Preferred Dividends

Rhea-AI Summary

Merchants Bancorp (NASDAQ:MBIN) announced its fourth-quarter 2025 cash dividends, with shareholders of record on December 15, 2025 and payment on January 2, 2026.

• Common stock: $0.10 per share.
• 6% Series C preferred (NASDAQ:MBINN): $15.00 per share (equivalent to $0.375 per depositary share).
• 8.25% Series D preferred (NASDAQ:MBINM): $20.625 per share (equivalent to $0.5156 per depositary share).
• Series E preferred (NASDAQ:MBINL): $19.06 per share (equivalent to $0.4765 per depositary share).

Positive

• Common dividend declared at $0.10 per share payable Jan 2, 2026
• Series C preferred dividend of $15.00 per share (equiv. $0.375 depositary)
• Series D preferred dividend of $20.625 per share (equiv. $0.5156 depositary)
• Series E preferred dividend of $19.06 per share (equiv. $0.4765 depositary)

Negative

• Common dividend of $0.10 per share is a modest cash payout for income-focused investors
• Preferred dividends are substantially larger than the common dividend, highlighting differing shareholder class payouts

CARMEL, Ind. , Nov. 19, 2025 /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 fourth quarter of 2025, in each case to shareholders of record on December 15, 2025, payable on January 2, 2026:

• A dividend of $0.10 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 Series E preferred stock (NASDAQ:MBINL).

ABOUT MERCHANTS BANCORP
Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $19.4 billion in assets and $13.9 billion in deposits as of September 30, 2025, 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 Asset Management, 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