Merchants Bancorp Raises Quarterly Common Dividend Ten Percent

Merchants Bancorp ( (MBIN) ) just unveiled an update.

On February 19, 2026, Merchants Bancorp announced that its board increased the quarterly dividend on its common stock by 10% to $0.11 per share for the first quarter of 2026. The board also declared quarterly cash dividends on its Series C, Series D, and Series E preferred stock, with all dividends payable on April 1, 2026 to shareholders of record as of March 13, 2026.

The higher common dividend signals management’s confidence in the company’s financial performance and capital position, while the continued preferred payouts reinforce its commitment to returning capital across the capital structure. These actions provide predictable income to common and preferred shareholders and may enhance the stock’s appeal to income-focused investors in the banking sector.

The most recent analyst rating on (MBIN) stock is a Buy with a $46.00 price target. To see the full list of analyst forecasts on Merchants Bancorp stock, see the MBIN Stock Forecast page.

Spark’s Take on MBIN Stock

According to Spark, TipRanks’ AI Analyst, MBIN is a Outperform.

Merchants Bancorp’s overall stock score is driven by its strong valuation and positive technical indicators. While financial performance shows profitability, concerns about declining revenue growth and cash flow challenges weigh on the score. The stock’s attractive P/E ratio and positive market momentum are significant strengths.

To see Spark’s full report on MBIN stock, click here.

More about Merchants Bancorp

Merchants Bancorp is a diversified U.S. bank holding company headquartered in Carmel, Indiana, operating through segments spanning multi-family mortgage banking, mortgage warehousing, and traditional banking services. The company focuses on financing multi-family housing and healthcare facilities, syndicating low-income housing tax credit and debt funds, and providing warehouse lending, residential mortgages, agricultural lending, and community banking, with $19.4 billion in assets and $13.0 billion in deposits as of December 31, 2025.

Merchants conducts its business primarily through Merchants Bank of Indiana and several specialized subsidiaries, including Merchants Capital Corp., Merchants Capital Investments, Merchants Capital Servicing, Merchants Investment Partners, and Merchants Mortgage. The bank has been ranked as a top performing U.S. public bank by S&P Global Market Intelligence, underscoring its strong position in niche real estate finance and broader commercial and retail banking markets.

Average Trading Volume: 301,985

Technical Sentiment Signal: Buy

Current Market Cap: $2.17B

Find detailed analytics on MBIN stock on TipRanks’ Stock Analysis page.