Merchants Bancorp Files 8-K on Financials and Stock
Ticker: MBINN · Form: 8-K · Filed: Nov 26, 2024 · CIK: 1629019
| Field | Detail |
|---|---|
| Company | Merchants Bancorp (MBINN) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $25.00, $7.84, $0.196 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, stock-details, corporate-filing
TL;DR
MERCH files 8-K: details on common and preferred stock series B, C, D, E.
AI Summary
Merchants Bancorp filed an 8-K on November 26, 2024, reporting on other events and financial statements. The filing details various preferred stock series (Series B, C, D, E) and common stock, all with share counts and associated values in USD. The company is incorporated in Indiana and its fiscal year ends on December 31.
Why It Matters
This filing provides an update on Merchants Bancorp's financial structure, including details on its common and preferred stock, which is important for investors to understand the company's capital composition.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of financial information and stock details, not indicating any immediate operational or financial distress.
Key Numbers
- 410 Monon Blvd — Company Address (Physical location of Merchants Bancorp headquarters)
- Carmel, Indiana — Company Location (City and State of Merchants Bancorp headquarters)
Key Players & Entities
- Merchants Bancorp (company) — Registrant
- Indiana (location) — State of Incorporation
- November 26, 2024 (date) — Date of Report
- Series B Preferred Stock (stock) — Financial Instrument
- Series C Preferred Stock (stock) — Financial Instrument
- Series D Preferred Stock (stock) — Financial Instrument
- Series E Preferred Stock (stock) — Financial Instrument
FAQ
What is the primary purpose of this 8-K filing for Merchants Bancorp?
The primary purpose is to report on 'Other Events' and 'Financial Statements and Exhibits', specifically detailing information about its common and preferred stock series.
When was this 8-K filing made by Merchants Bancorp?
The filing was made on November 26, 2024.
Which series of preferred stock are mentioned in the filing?
The filing mentions Series B, Series C, Series D, and Series E Preferred Stock.
In which state is Merchants Bancorp incorporated?
Merchants Bancorp is incorporated in Indiana.
What is the fiscal year end for Merchants Bancorp?
Merchants Bancorp's fiscal year ends on December 31.
Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-11-26 16:05:36
Key Financial Figures
- $25.00 — Stock at the liquidation preference of $25.00 per share. Also on November 26, 2024,
- $7.84 — d an initial quarterly cash dividend of $7.84 per share (equivalent to $0.196 per dep
- $0.196 — idend of $7.84 per share (equivalent to $0.196 per depositary share) on the Company's
Filing Documents
- tm2429247d3_8k.htm (8-K) — 37KB
- tm2429247d3_ex99-1.htm (EX-99.1) — 8KB
- tm2429247d3_ex99-1img003.jpg (GRAPHIC) — 19KB
- tm2429247d3_ex99-1img001.jpg (GRAPHIC) — 5KB
- 0001104659-24-123081.txt ( ) — 312KB
- mbin-20241126.xsd (EX-101.SCH) — 3KB
- mbin-20241126_def.xml (EX-101.DEF) — 28KB
- mbin-20241126_lab.xml (EX-101.LAB) — 38KB
- mbin-20241126_pre.xml (EX-101.PRE) — 26KB
- tm2429247d3_8k_htm.xml (XML) — 9KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release dated November 26, 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: November 26, 2024 By: /s/ Terry Oznick Name: Terry Oznick Title: General Counsel and Secretary