Merchants Bancorp Declares Quarterly Cash Dividend

Merchants Bancorp Declares Quarterly Cash Dividend

PR Newswire

CARMEL, Ind., June 5, 2018 /PRNewswire/ -- Merchants Bancorp ("Merchants") (Nasdaq: MBIN), parent company and registered bank holding company of Merchants Bank of Indiana ("Merchants Bank"), today announced that the Board of Directors declared a quarterly cash dividend for the second quarter of 2018 of $0.06 per share on the Company's outstanding shares of common stock.  The dividend is payable July 2, 2018, to shareholders of record on June 15, 2018.

 (PRNewsfoto/Merchants Bancorp)

ABOUT MERCHANTS BANCORP
Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple lines of business with a focus on Federal Housing Administration ("FHA") multi-family housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending and traditional community banking.  Merchants Bancorp, with $3.7 billion in assets and $3.1 billion in deposits as of March 31, 2018, conducts its business through its direct and indirect subsidiaries, Merchants Bank of Indiana, P/R Mortgage and Investment Corp., Joy State Bank, RICHMAC Funding LLC and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at investors.merchantsbankofindiana.com.

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SOURCE Merchants Bancorp

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