CARMEL, Ind. , Feb. 20, 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 first quarter of 2025, in each case to shareholders of record on March 14, 2025, payable on April 1, 202...
Full year 2024 net income of $320.4 million set a new Company record, increasing 15% compared to 2023. Full year 2024 diluted earnings per common share of $6.30 reached the highest level in Company history and increased 12% compared to 2023.
SAN DIEGO, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
SAN DIEGO , Dec. 18, 2024 /PRNewswire/ -- Shareholder rights law firm Robbins LLP is investigating Merchants Bancorp (NASDAQ: MBIN) to determine whether certain Merchants Bancorp officers and directors violated securities laws and breached fiduciary duties to shareholders. Merchants Bancorp operates as the diversified bank holding company in the United States.
Merchants Bancorp's new 7.652% Series E Non-Cumulative Perpetual Preferred Stock presents an attractive yield and holds a Ba3 rating, positioning it as a valuable addition to our portfolio. The company's capital structure and dividend history indicate a reasonable cushion for preferred dividend payments, despite a small common stock distribution cushion. The new preferred stock's credit spread ...
SAN DIEGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Johnson Fistel, LLP is investigating whether Merchants Bancorp (NASDAQ: MBIN) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
September saw three new preferred stock offerings with yields between 7% and 8%, including SPMC, Merchants Bancorp, and Aspen Insurance Holdings. CDx3 preferreds ranked 10 out of 10 are selling at an average discount of 8 cents to par, offering a 6.3% yield. Investors can buy new preferred stocks at wholesale prices on the OTC, potentially avoiding capital losses if prices drop.
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