Which preferred stock series of Merchants Bancorp have related depositary shares listed?

Merchants Bancorp has depositary shares listed for its Series C, Series D, and Series E Preferred Stock, trading under symbols MBINN, MBINM, and MBINL on NASDAQ, with each depositary share representing a 1/40th interest in a preferred share.

Merchants Bancorp sets Q3 2026 dividend dates

Q: When is the record date and payment date for MBIN’s newly declared dividends?

The quarterly cash dividends declared by Merchants Bancorp (MBIN) are payable on October 1, 2026 to shareholders of record on September 15, 2026.

Q: What is the size of Merchants Bancorp (MBIN) in terms of assets and deposits?

As of June 30, 2026, Merchants Bancorp reported $21.2 billion in assets and $14.3 billion in deposits, conducted primarily through Merchants Bank of Indiana and related subsidiaries.

Q: What are the main business segments of Merchants Bancorp (MBIN)?

Merchants Bancorp operates three main segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking, which includes retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking services.

Merchants Bancorp (MBIN) reported that its Board of Directors declared quarterly cash dividends on its common and preferred shares for the third quarter of 2026.

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Form Type

8-K

Rhea-AI Filing Summary

Merchants Bancorp (MBIN) reported that its Board of Directors declared quarterly cash dividends on its common and preferred shares for the third quarter of 2026. The dividends are payable on October 1, 2026 to shareholders of record on September 15, 2026.

Merchants Bancorp is a diversified bank holding company with $21.2 billion in assets and $14.3 billion in deposits as of June 30, 2026, operating multi-family mortgage banking, mortgage warehousing, and community banking segments through Merchants Bank of Indiana and affiliated subsidiaries.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Total assets: $21.2 billion Total deposits: $14.3 billion Dividend record date: September 15, 2026 +2 more

5 metrics

Total assets $21.2 billion As of June 30, 2026

Total deposits $14.3 billion As of June 30, 2026

Dividend record date September 15, 2026 Shareholders of record date for Q3 2026 cash dividends

Dividend payment date October 1, 2026 Payment date for Q3 2026 cash dividends

Commission File Number 001-38258 SEC registration identifier for Merchants Bancorp

Key Terms

depositary shares, bank holding company, multi-family mortgage banking, mortgage warehousing

4 terms

depositary shares financial

"Depositary Shares, each representing a 1/40th interest in a share of Series C Preferred Stock"

Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.

bank holding company financial

"parent company and registered bank holding company of Merchants Bank of Indiana"

A bank holding company is a parent corporation that owns one or more banks and other financial businesses, like a household that controls several shops under the same roof. Investors care because this structure determines how the business is regulated, how it raises capital, pays dividends, and absorbs losses; it can make a banking group safer or riskier and affects the value and liquidity of the company’s shares.

multi-family mortgage banking financial

"operating multiple segments, including Multi-family Mortgage Banking that primarily offers multi-family housing"

mortgage warehousing financial

"Mortgage Warehousing that offers mortgage warehouse financing, commercial loans, and deposit services"

FAQ

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

What did Merchants Bancorp (MBIN) announce regarding dividends for Q3 2026?

Merchants Bancorp’s Board declared quarterly cash dividends on its common and preferred shares for the third quarter of 2026. The dividends are payable on October 1, 2026 to shareholders of record on September 15, 2026.

When is the record date and payment date for MBIN’s newly declared dividends?

The quarterly cash dividends declared by Merchants Bancorp (MBIN) are payable on October 1, 2026 to shareholders of record on September 15, 2026.

What is the size of Merchants Bancorp (MBIN) in terms of assets and deposits?

As of June 30, 2026, Merchants Bancorp reported $21.2 billion in assets and $14.3 billion in deposits, conducted primarily through Merchants Bank of Indiana and related subsidiaries.

What are the main business segments of Merchants Bancorp (MBIN)?

Merchants Bancorp operates three main segments: Multi-family Mortgage Banking, Mortgage Warehousing, and Banking, which includes retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/20/2026 - 04:08 PM EDT

United States

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): August 20, 2026

Merchants Bancorp

(Exact Name of Registrant as Specified in its Charter)

Indiana

001-38258

20-5747400

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

410 Monon Boulevard
Carmel, Indiana 46032
(Address of Principal Executive Offices) (Zip Code)

(317) 569-7420

(Registrant’s Telephone Number, Including Area Code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, without par value	MBIN	NASDAQ
Depositary Shares, each representing a 1/40th interest in a share of Series C Preferred Stock, without par value	MBINN	NASDAQ
Depositary Shares, each representing a 1/40th interest in a share of Series D Preferred Stock, without par value	MBINM	NASDAQ
Depositary Shares, each representing a 1/40th interest in a share of Series E Preferred Stock, without par value	MBINL	NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as deﬁned in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised ﬁnancial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01 Other Events.

On August 20, 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 October 1, 2026 to shareholders of record on September 15, 2026.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
99.1		Press Release dated August 20, 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: August 20, 2026	By:	/s/ Terry Oznick
		Name: Terry Oznick
		Title: General Counsel and Secretary

Exhibit 99.1

PRESS RELEASE

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

For Release August 20, 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 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.

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

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXHIBIT 99.1 9.1 KB