Merchants Bancorp (NASDAQ: MBIN) has declared its quarterly cash dividends for the third quarter of 2025. The company's board of directors announced the following dividends for the quarter:
- 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).
As of June 30, 2025, Merchants Bancorp reported $19.1 billion in assets and $12.7 billion in deposits. The company operates multiple segments, including multi-family mortgage banking, mortgage warehousing, and banking services such as retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking.
Merchants Bancorp is recognized as a top-performing U.S. public bank by S&P Global Market Intelligence. The company conducts its business primarily through its direct and indirect subsidiaries, including 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. Following these announcements, the company's shares moved -2.25%, and are now trading at a price of $31.69. Check out the company's full 8-K submission here.