Merchants Bancorp Announces Redemption of Its Series A Preferred Stock [Yahoo! Finance]
Merchants Bancorp (MBIN)
Last merchants bancorp earnings: 1/30 04:05 pm
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US:NASDAQ Investor Relations:
prnewswire.com/news-releases/merchants-bancorp-reports-fourth-quarter-and-full-year-2017-results-300596104.html
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Source: Yahoo! Finance
outstanding shares of its 7.00% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock ("Series A Preferred Stock") (Nasdaq: MBINP) at the liquidation preference of per share. Dividends on the Series A Preferred Stock of per share that were declared and announced on February 14, 2024 will be paid separately on April 1, 2024 . Accordingly, the redemption price of the Series A Preferred Stock will not include any accrued and unpaid dividends. On and after the redemption date, all dividends on the shares of Series A Preferred Stock will cease to accrue. Merchants will redeem the Series A Preferred Stock using cash on hand. Merchants has notified Nasdaq of its intention to voluntarily delist the Series A Preferred Stock and a Notification of Removal from Listing on Form 25 will be filed with Securities and Exchange Commission on or prior to the redemption date. Merchants expects the delisting to become effective on or about April 1, 2024 , from which time the Series
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News
- Investors in Merchants Bancorp (NASDAQ:MBIN) have seen strong returns of 184% over the past five years [Yahoo! Finance]Yahoo! Finance
- Merchants Bancorp Full Year 2023 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Merchants Bancorp (NASDAQ:MBIN) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Merchants Bancorp Announces Redemption of Its Series A Preferred StockPR Newswire
- Merchants Bancorp (MBIN) Announces 13% Increase in Dividend [Yahoo! Finance]Yahoo! Finance
MBIN
Earnings
- 1/29/24 - Beat
MBIN
Sec Filings
- 4/5/24 - Form ARS
- 4/5/24 - Form DEFA14A
- 4/5/24 - Form DEF
- MBIN's page on the SEC website