Merchants Bancorp (NASDAQ: MBIN) boosts Q1 2026 dividend
Rhea-AI Filing Summary
Merchants Bancorp announced that its Board of Directors increased its quarterly common stock dividend by 10% and declared quarterly cash dividends on its common and preferred shares for the first quarter of 2026. All dividends are payable on April 1, 2026 to shareholders of record on March 13, 2026.
The company operates multiple segments, including multi-family mortgage banking, mortgage warehousing, and traditional banking. Merchants Bancorp reported $19.4 billion in assets and $13.0 billion in deposits as of December 31, 2025, reflecting the scale of its diversified banking operations.
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8-K Event Classification
United States
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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CURRENT REPORT
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Item 8.01 Other Events.
On February 19, 2026, Merchants Bancorp (the “Company”) issued a press release announcing that the Company’s Board of Directors declared the following quarterly cash dividends:
| · | $0.11 per share on the Company’s outstanding shares of its common stock; |
| · | $15.00 per share (equivalent to $0.375 per depositary share) on the Company’s outstanding shares of its 6% Series C preferred stock; |
| · | $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; and |
| · | $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. |
Each of the dividends are payable on April 1, 2026 to shareholders of record on March 13, 2026.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit |
Description | |
| 99.1 | Press Release dated February 19, 2026 issued by Merchants Bancorp. | |
| 104 | Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| MERCHANTS BANCORP | ||
| Date: February 19, 2026 | By: | /s/ Terry Oznick |
| Name: Terry Oznick | ||
| Title: General Counsel and Secretary | ||
Exhibit 99.1
PRESS RELEASE
Merchants Bancorp Increases Quarterly
Common Dividend by 10%;
Declares Quarterly Common and Preferred Dividends
For Release February 19, 2026
CARMEL, Indiana – 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 first quarter of 2026, in each case to shareholders of record on March 13, 2026, payable on April 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 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 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 $19.4 billion in assets and $13.0 billion in deposits as of December 31, 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 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.
Media Contact: Rebecca Marsh
Merchants Bancorp
Phone: (317) 805-4356
Email: rmarsh@bankmerchants.com
Investor Contact: Tami Durle
Merchants Bancorp
Phone: (317) 324-4556
Email: tdurle@bankmerchants.com