Press Release

Merchants Bancorp Declares Quarterly Cash Dividend

Company Release - 11/14/2018 4:05 PM ET

CARMEL, Ind., Nov. 14, 2018 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that the Board of Directors declared a quarterly cash dividend for the fourth quarter of 2018 of $0.06 per share on the Company's outstanding shares of common stock.  The dividend is payable December 31, 2018, to shareholders of record on December 14, 2018.

(PRNewsfoto/Merchants Bancorp)


Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business with a focus on Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.  Merchants Bancorp, with $3.8 billion in assets and $3.3 billion in deposits as of September 30, 2018, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Farmers-Merchants Bank of Illinois, and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at

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