Merchants Bancorp Files 8-K
Ticker: MBINN · Form: 8-K · Filed: Aug 15, 2024 · CIK: 1629019
| Field | Detail |
|---|---|
| Company | Merchants Bancorp (MBINN) |
| Form Type | 8-K |
| Filed Date | Aug 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.09, $15.00, $0.375, $20.625, $0.5156 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, corporate-filing, financials
TL;DR
MERCHANTS BANCORP FILED AN 8-K ON 8/15/24. CHECK FOR UPDATES.
AI Summary
Merchants Bancorp filed an 8-K on August 15, 2024, reporting on other events and financial statements. The filing details the company's principal executive offices located at 410 Monon Boulevard, Carmel, Indiana, 46032, and its principal business as commercial banking.
Why It Matters
This filing provides an update on Merchants Bancorp's corporate and financial reporting, which is important for investors and stakeholders to track the company's status.
Risk Assessment
Risk Level: low — This filing is a routine corporate disclosure and does not appear to contain significant new risks.
Key Players & Entities
- Merchants Bancorp (company) — Registrant
- 410 Monon Boulevard, Carmel, Indiana 46032 (location) — Principal Executive Offices
- August 15, 2024 (date) — Date of Report
FAQ
What is the primary business of Merchants Bancorp?
Merchants Bancorp is primarily engaged in commercial banking, as indicated by its Standard Industrial Classification code [6022].
When was the report filed?
The report was filed on August 15, 2024.
Where are Merchants Bancorp's principal executive offices located?
The principal executive offices are located at 410 Monon Boulevard, Carmel, Indiana 46032.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
What is the Commission File Number for Merchants Bancorp?
The Commission File Number for Merchants Bancorp is 001-38258.
Filing Stats: 562 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-08-15 16:05:55
Key Financial Figures
- $0.09 — he following quarterly cash dividends: $0.09 per share on the Company's outstanding
- $15.00 — tstanding shares of its common stock; $15.00 per share (equivalent to $0.375 per dep
- $0.375 — tock; $15.00 per share (equivalent to $0.375 per depositary share) on the Company's
- $20.625 — its 6% Series C preferred stock; and $20.625 per share (equivalent to $0.5156 per de
- $0.5156 — and $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's
Filing Documents
- tm2421779d1_8k.htm (8-K) — 37KB
- tm2421779d1_ex99-1.htm (EX-99.1) — 9KB
- tm2421779d1_ex99-1img001.jpg (GRAPHIC) — 22KB
- tm2421779d1_ex99-1img002.jpg (GRAPHIC) — 5KB
- 0001104659-24-090113.txt ( ) — 310KB
- mbin-20240815.xsd (EX-101.SCH) — 3KB
- mbin-20240815_def.xml (EX-101.DEF) — 27KB
- mbin-20240815_lab.xml (EX-101.LAB) — 37KB
- mbin-20240815_pre.xml (EX-101.PRE) — 26KB
- tm2421779d1_8k_htm.xml (XML) — 7KB
01 Other Events
Item 8.01 Other Events. On August 15, 2024, the Company issued a press release announcing that the Company's Board of Directors declared the following quarterly cash dividends: $0.09 per share on the Company's outstanding shares of its common stock; $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series B preferred stock; $15.00 per share (equivalent to $0.375 per depositary share) on the Company's outstanding shares of its 6% Series C preferred stock; and $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's outstanding shares of its 8.25% Series D preferred stock. Each of the dividends are payable on October 1, 2024 to shareholders of record on September 13, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated August 15, 2024 issued by Merchants Bancorp. 104 Cover Page Interactive Data File. The cover page XBRL tags are embedded within the inline XBRL document. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MERCHANTS BANCORP Date: August 15, 2024 By: /s/ Terry Oznick Name: Terry Oznick Title: General Counsel and Secretary