Merchants Bancorp 7.00% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock

Merchants Bancorp’s 7.00% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock offers investors a high fixed dividend rate that has the potential to increase over time. This preferred stock is an attractive investment option for those seeking a steady income stream and the possibility for higher returns in the future.