# EDGAR Filing Document

**Accession Number:** 0001629019
**File Stem:** 0001104659-26-065139
**Filing Date:** 2026-5
**Character Count:** 11137
**Document Hash:** 085e035a9b2c9a791d7c00bc3451ae42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-065139.hdr.sgml**: 20260521

**ACCESSION NUMBER**: 0001104659-26-065139

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260521

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260521

**DATE AS OF CHANGE**: 20260521

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Merchants Bancorp
- **CENTRAL INDEX KEY:** 0001629019
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 205747400
- **STATE OF INCORPORATION:** IN
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38258
- **FILM NUMBER:** 261008351

**BUSINESS ADDRESS:**
- **STREET 1:** 410 MONON BLVD
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46032
- **BUSINESS PHONE:** 3175697420

**MAIL ADDRESS:**
- **STREET 1:** 410 MONON BLVD
- **CITY:** CARMEL
- **STATE:** IN
- **ZIP:** 46032

?xml version='1.0' encoding='ASCII'?

**United States**

**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, D.C. 20549** 

**FORM 8-K**

------

**CURRENT REPORT**

**PURSUANT TO SECTION 13 OR 15(d) OF THE** 

**SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (Date of earliest event reported): May 21, 2026**

**Merchants Bancorp**

**(Exact Name of Registrant as Specified in its Charter)**

---

| | | |
|:---|:---|:---|
| **Indiana** | **001-38258** | **20-5747400** |
| **(State or Other Jurisdiction**<br> **of Incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

**410 Monon Boulevard** **Carmel, Indiana 46032**

(Address of Principal Executive Offices) (Zip Code)

**(317) 569-7420**

(Registrant's Telephone Number, Including Area Code)

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

---

| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

---

Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| &nbsp;&nbsp;Title of each class | &nbsp;&nbsp;Name of each exchange on which registered |
| &nbsp;&nbsp;Common Stock, without par value &nbsp;&nbsp;MBIN | &nbsp;&nbsp;NASDAQ |
| &nbsp;&nbsp;Depositary Shares, each representing a 1/40th interest in a share of Series C Preferred Stock, without par value &nbsp;&nbsp;MBINN | &nbsp;&nbsp;NASDAQ |
| &nbsp;&nbsp;Depositary Shares, each representing a 1/40th interest in a share of Series D Preferred Stock, without par value &nbsp;&nbsp;MBINM | &nbsp;&nbsp;NASDAQ |
| &nbsp;&nbsp;Depositary Shares, each representing a 1/40th interest in a share of Series E Preferred Stock, without par value &nbsp;&nbsp;MBINL | &nbsp;&nbsp;NASDAQ |
| &nbsp;&nbsp;Common Stock, without par value &nbsp;&nbsp;MBIN | &nbsp;&nbsp;NASDAQ |

---

Indicate by check mark whether the registrant is an emerging growth company as deﬁned in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised ﬁnancial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&nbsp;&nbsp;&nbsp;&nbsp; ◻

**Item 5.07 Submission of Matters to a Vote of Security Holders.**

Merchants Bancorp (the "Company") held its Annual Meeting of Shareholders on May 21, 2026. Matters voted upon by holders of the Company's common stock were:

&nbsp;&nbsp;&nbsp;&nbsp;(1) election of twelve (12) directors to the Company's Board of Directors;

&nbsp;&nbsp;&nbsp;&nbsp;(2) a non-binding, advisory vote on the compensation of the Company's named executive officers; and

&nbsp;&nbsp;&nbsp;&nbsp;(3) ratification of the appointment of Forvis Mazars, LLP as the independent registered public accounting firm of the Company for the
fiscal year ending December 31, 2026.

The final number of votes cast for, against, or withheld, as well as the number of abstentions and broker non-votes, for each matter are detailed below.

1. Election of twelve (12) members to the Company's Board
of Directors to serve until the Company's 2027 annual meeting of shareholders and until his or her successor has been duly elected
and qualified, or until his or her earlier resignation, removal, or death:

---

| | | | |
|:---|:---|:---|:---|
| **Director Nominee** | **For** | **Withheld** | **Broker Non-Votes** |
| Michael F. Petrie | 40311603 | 332210 | 2093858 |
| Tamika D. Catchings | 34552845 | 6120968 | 2093858 |
| Michael S. Curless | 40634251 | 9562 | 2093858 |
| Thomas W. Dinwiddie | 40537106 | 106707 | 2093858 |
| Michael J. Dunlap | 40238642 | 405171 | 2093858 |
| Scott A. Evans | 40238642 | 405171 | 2093858 |
| Andrew A. Juster | 34527080 | 6116733 | 2093858 |
| Julia L. Kaercher | 39894133 | 749680 | 2093858 |
| Patrick D. O'Brien | 34579661 | 6064152 | 2093858 |
| Randall D. Rogers, Jr. | 40497823 | 145990 | 2093858 |
| Anne E. Sellers | 33951013 | 6692800 | 2093858 |
| Mark E. Shaffer | 40600459 | 43354 | 2093858 |

---

2. A non-binding, advisory vote on the compensation of the Company's named executive officers.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **For** | **Against** | **Against** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| 38671751 |  | 1947562 |  | 24500 |  | 2093858 |

---

3. Ratification of the appointment of Forvis Mazars, LLP as the independent
registered public accounting firm of the Company for the fiscal year ending December 31, 2026.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **For** | **Against** | **Against** | **Abstentions** | **Abstentions** | **Broker Non-Votes** | **Broker Non-Votes** |
| 42714503 |  | 18347 |  | 4821 |  | 0 |

---

**Item 8.01 Other Events.**

On May 21, 2026, the Company issued a press release announcing that the Company's Board of Directors declared the following quarterly cash dividends:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· $0.11 per share on the Company's outstanding shares of its common stock;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· $15.00 per share (equivalent to $0.375 per depositary share) on the Company's
outstanding shares of its 6% Series C preferred stock;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· $20.625 per share (equivalent to $0.5156 per depositary share) on the Company's
outstanding shares of its 8.25% Series D preferred stock; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· $19.06 per share (equivalent to $0.4765 per depositary share) on the Company's
outstanding shares of its 7.625% Series E preferred stock.

Each of the dividends are payable on July 1, 2026 to shareholders of record on June 15, 2026.

**Item 9.01. Financial Statements and Exhibits.**

**(d) Exhibits.**

---

| | |
|:---|:---|
| **Exhibit<br> No.** | **Description** |
| [99.1](tm2615368d1_ex99-1.htm) | [Press Release dated May 21, 2026 issued by Merchants Bancorp.](tm2615368d1_ex99-1.htm) |
| 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** | **MERCHANTS BANCORP** |
| Date: May 21, 2026 | By: | &nbsp;&nbsp;&nbsp;&nbsp;/s/ Terry Oznick |
|  |  | Name: Terry Oznick |
|  |  | Title: General Counsel and Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

![](tm2615368d1_ex99-1img001.jpg)

![](tm2615368d1_ex99-1img002.jpg)

PRESS RELEASE

Merchants Bancorp Declares Quarterly Common and Preferred Dividends

*For Release May 21, 2026* 

**CARMEL, Indiana** – 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 declared the following quarterly cash dividends for the second quarter of 2026, in each case to shareholders of record on June 15, 2026, payable on July 1, 2026:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· A dividend of $0.11 per share on the Company's outstanding shares of
its common stock (NASDAQ:MBIN);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· A dividend of $15.00 per share (equivalent to $0.375 per depositary share)
on the Company's outstanding shares of its 6% Series C preferred stock (NASDAQ:MBINN);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· A dividend of $20.625 per share (equivalent to $0.5156 per depositary share)
on the Company's outstanding shares of its 8.25% Series D preferred stock (NASDAQ:MBINM).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;· A dividend of $19.06 per share (equivalent to $0.4765 per depositary share)
on the Company's outstanding shares of its 7.625% Series E preferred stock (NASDAQ:MBINL).

**ABOUT MERCHANTS BANCORP**

Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that primarily offers multi-family housing and healthcare facility financing and servicing (through this segment it also serves as a syndicator of low-income housing tax credit and debt funds); Mortgage Warehousing that offers mortgage warehouse financing, commercial loans, and deposit services; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $20.3 billion in assets and $13.0 billion in deposits as of March 31, 2026, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Investment Partners, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana. For more information and financial data, please visit Merchants' Investor Relations page at <u>investors.merchantsbancorp.com</u>.

**Media Contact: Rebecca Marsh**

Merchants Bancorp

Phone: (317) 805-4356

Email: rmarsh@bankmerchants.com

**Investor Contact: Tami Durle**

Merchants Bancorp

Phone: (317) 324-4556

Email: tdurle@bankmerchants.com