Merchants Bancorp Announces Quarterly Dividends and Reports Shareholder Meeting Results

Merchants Bancorp held its Annual Meeting of Shareholders on May 21, 2026. Shareholders voted on the election of twelve directors, a non-binding advisory vote on executive compensation, and the ratification of Forvis Mazars, LLP as the independent registered public accounting firm. All director nominees were elected, the executive compensation advisory vote passed, and the appointment of the accounting firm was ratified. Additionally, the Board of Directors declared quarterly cash dividends for common and preferred stock, payable on July 1, 2026, to shareholders of record on June 15, 2026. Dividends per share are: $0.11 for common stock, $15.00 for Series C preferred stock, $20.625 for Series D preferred stock, and $19.06 for Series E preferred stock.