Merchants Bancorp declared quarterly cash dividends for the third quarter of 2026. The Board approved $0.11 per share on common stock, $15.00 per share on Series C preferred stock, $20.625 per share on Series D preferred stock, and $19.06 per share on Series E preferred stock. These dividends are payable on October 1, 2026 to shareholders of record as of September 15, 2026. Merchants Bancorp is a diversified bank holding company headquartered in Indiana that operates through segments including multi-family mortgage banking, mortgage warehousing, and traditional community banking.

Merchants Bancorp reported second quarter 2026 net income of $78.3 million, or diluted earnings per share of $1.48, representing a 106% increase from $38.0 million in the prior year period. Total assets reached a record $21.2 billion, while tangible book value per common share rose 13% to $39.93. The provision for credit losses decreased 83% to $9.2 million, reflecting improved asset quality with criticized loans declining 12% to $444.7 million and nonperforming loans falling 17% to $205.6 million. Net interest income increased 6% to $136.5 million, supported by an 8% growth in loans receivable to $12.3 billion. The company operates in the banking and financial services industry, providing multi-family mortgage banking, mortgage warehousing, and community banking services.