Merchants Bancorp: Shifting Away From The Common Shares To Its Newest Preferred Share
Source: SeekingAlpha
2025-06-15 12:46:44 ET
Introduction
Merchants Bancorp ( MBIN ) is an Indiana based regional bank. In addition to offering common shares, the bank also has three different preferred share issuances ( MBINM ) ( MBINN ) ( MBINL ). I wrote about Merchants back in November and was bullish about the common shares at the time. Since that article, one preferred share has been called, a new preferred share has been issued, and the bank’s loan performance has deteriorated. As a result, I’ve downgraded the common shares to a hold and suggest that income investors purchase the long-dated preferred shares ((MBINL))....
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Merchants Bancorp: Shifting Away From The Common Shares To Its Newest Preferred Share
Merchants Bancorp Depositary Shares 6.00% Fixed Rate Series C Non-Cumulative Perpetual Preferred Stock
NASDAQ: MBINN
MBINN Trading
-0.24% G/L:
$20.64 Last:
1,955 Volume:
$20.67 Open:
MBINN Latest News
February 19, 2026 04:05:00 pm
Merchants Bancorp Increases Quarterly Common Dividend by 10%; Declares Quarterly Common and Preferred Dividends
February 20, 2025 04:05:00 pm
Merchants Bancorp Increases Quarterly Common Dividend by 11%; Declares Quarterly Common and Preferred Dividends
MBINN Stock Data
$2,073,441,248
29,919,783
N/A
45
N/A
Banking
Finance
US
Carmel
