Merchants Bancorp (MBIN) Announces 3-for-2 Stock Split

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Go back to Merchants Bancorp (MBIN) Announces 3-for-2 Stock Split

Merchants Bancorp Announces 3-for-2 Stock Split and Declares Quarterly Common and Preferred Dividends

November 17, 2021 4:05 PM EST

CARMEL, Ind., Nov. 17, 2021 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that its Board of Directors approved a 3-for-2 common stock split.  Shareholders of record at the close of business on January 3, 2022 will receive one additional share of Merchants Bancorp common stock for every two shares owned.  These additional shares will be distributed beginning January 17, 2022. ... More