Preferred StocksAI-powered preferred stock research for income investors

← Back

MBINN NOW TRADING POST CALL DATE

Merchants Bancorp · Series C · Banking & Savings
$19.92
last price · 2026-09-14

About this security

MBINN is a 6% non-cumulative perpetual preferred stock issued by Merchants Bancorp, grouped under Banking & Savings. $25 liquidation preference, current yield 7.53%, callable from 2026-04-01.

All Merchants Bancorp securities and the issuer profile →

Key Stats ✓ Verified against SEC filing (prospectus linked below)

live page · rendered 19:08:59 UTC · refreshes from the market feed on each visit · last SEC-verified 2026-06-16
Current yield
7.53%
Annual Dividend
$1.5000
Recent Market Price
$19.92
as of 2026-09-14
Disc/Prem to Par (→ screen)
Capital Appreciation to Par
+$5.08 (+25.5%)
Recent Ex-Date
2026-06-15
Pay Frequency
quarterly
Cumulative
No
Original Coupon
6.000%
Call Date
2026-04-01 ⚑ callable now
Yield to Call
n/a (callable now)
Yield to Worst
7.53%
Liq. Preference
$25.00
Maturity
Perpetual
Redeemable
Yes
Convertible
No
Shares Offered (original)
6,000,000
Issued
2021-03-23
Series
C

vs. Banking & Savings (96 issues with a current yield): yield 7.53% vs avg 6.94% · discount -20.3% vs avg -15.5%

Quote

 MBINN (preferred)MBIN (common)
As of 2026-09-14 2026-09-14
Last $19.92 $53.14
Change -0.09 (-0.45%) -0.01 (-0.02%)
Open$20.10$53.16
High / Low $20.10 / $19.52 $54.10 / $52.46
Prev Close$20.01$53.15
Volume5,700144,591
52-Week High / Low $21.60 / $18.27 $56.87 / $30.37

End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

MBINN MBIN (common)

Dividend History

Ex-DateAmount / Share
2026-06-15$0.375000
2026-03-13$0.375000
2025-12-15$0.375000
2025-09-15$0.375000
2025-06-13$0.375000
2025-03-14$0.375000
2024-12-13$0.375000
2024-09-13$0.375000
2024-06-14$0.375000
2024-03-14$0.375000
2023-12-14$0.375000
2023-09-14$0.375000

Performance: $10K Calculator

See what an investment in MBINN would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

Get dividend & filing alerts for MBINN →

Prospectus (SEC 424B5)

Full Prospectus (SEC filing) →

News: Merchants Bancorp

Issuer news via Tiingo, filtered to stories about MBIN.

Loading…

★ Save your favorites

No password needed; just your email. We'll remember the preferreds you star so they're waiting when you come back. Next time, enter the same email to pull up your whole list anywhere.

Ask the data
Preferred Stock Assistant
Ask me anything, e.g. "highest-yield monthly REIT preferred under par" or "what if I'd put $10k in SACH-P-A in 2022?"
Theme Original Apex Nova Aurora Lumen Brutalist