Merchants Bancorp (MBIN) - Dilution Analysis

10-Q filing | 45.9M shares outstanding

10-Q filing | 45.9M shares outstanding

S-3 filing: Merchants Bancorp files an S-3 registration statement for the potential offering of debt securities, common stock, preferred stock, depositary shares, purchase contracts, warrants and units up to an aggregate amount of $500,000,000.

10-Q filing | 45.9M shares outstanding

10-K filing | 45.0M shares outstanding

8-K filing: Merchants Bancorp issued 9,200,000 depositary shares representing interests in its 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock on November 25, 2024, with an aggregate liquidation preference of $230,000,000.

8-K filing: Merchants Bancorp entered into an Underwriting Agreement to sell 9,200,000 depositary shares representing a 1/40th ownership interest in Merchants' 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred Stock in a public offering expected to close November 25, 2024.

10-Q filing | 45.8M shares outstanding

10-Q filing | 44.7M shares outstanding

8-K filing: Merchants Bancorp completed a public offering of 2,400,000 shares of its common stock at a price of $43.00 per share, resulting in net proceeds of approximately $97,615,000 after deducting underwriting discounts, commissions, and estimated offering expenses, with the intention to use the proceeds for general corporate purposes, including supporting balance sheet growth of Merchants Bank of Indiana. ($103.2M proceeds)

10-Q filing | 43.3M shares outstanding

10-K filing | 43.2M shares outstanding

10-Q filing | 43.2M shares outstanding

10-Q filing | 43.2M shares outstanding

10-Q filing | 43.2M shares outstanding

10-K filing | 43.2M shares outstanding

10-Q filing | 43.1M shares outstanding

8-K filing: Merchants Bancorp issued 5,200,000 depositary shares representing interest in Series D Preferred Stock and filed Articles of Amendment to establish the terms of the Series D Preferred Stock.

8-K filing: Merchants Bancorp and Merchants Bank of Indiana entered into an Underwriting Agreement with Underwriters to sell 5,200,000 depositary shares representing a 1/40th ownership interest in a share of Merchants' 8.25% Fixed Rate Reset Series D Non-Cumulative Perpetual Preferred Stock in a public offering, expected to close September 27, 2022.

10-Q filing | 43.2M shares outstanding

S-3 filing: Merchants Bancorp files an S-3 registration statement to offer and sell debt securities, common stock, preferred stock, depositary shares, purchase contracts, warrants, and units with a total offering price not exceeding $500,000,000.

8-K filing: Merchants Bancorp increased the total number of authorized shares from 55 million to 80 million and the authorized number of common stock shares from 50 million to 75 million; Additionally, the company repurchased 75,000 shares of its common stock under the 10b5-1 Plan and Repurchase Plan.

10-Q filing | 43.2M shares outstanding

10-K filing | 43.2M shares outstanding

8-K filing: Stock split 3-for-2 | Outstanding: 28,784,197 → 43,176,295

10-Q filing | 28.8M shares outstanding

10-Q filing | 28.8M shares outstanding

8-K filing: Merchants Bancorp completed a private placement of 1,847,233 depositary shares at $25.00 per share, for aggregate proceeds of $46.2 million. ($46.2M proceeds)

10-Q filing | 28.8M shares outstanding

8-K filing: Merchants Bancorp issued 6,000,000 depositary shares representing an interest in its 6.00% Fixed Rate Series C Non-Cumulative Perpetual Preferred Stock and filed amendments to its articles of incorporation.

8-K filing: Merchants Bancorp entered into an Underwriting Agreement with Morgan Stanley & Co. LLC and UBS Securities LLC for the sale of 6,000,000 depositary shares representing a 1/40th ownership interest in Merchants' 6.00% Fixed Rate Series C Non-Cumulative Perpetual Preferred Stock.

10-K filing | 28.7M shares outstanding

10-Q filing | 28.7M shares outstanding

10-Q filing | 28.7M shares outstanding

10-Q filing | 28.7M shares outstanding

10-K filing | 28.7M shares outstanding