Merchants Financial Group, Inc. (MFGI)
MFGI Stock Price Chart
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MFGI Company Profile
Discover essential business fundamentals and corporate details for Merchants Financial Group, Inc. (MFGI) to support your stock research and investment decisions.
Sector
Financial Services
Industry
Banks - Regional
IPO Date
7 Oct 2003
Employees
—
Website
https://www.merchantsbank.comCEO
Gregory M. Evans
Description
Merchants Financial Group, Inc. operates as the bank holding company for Merchants Bank, National Association that provides various banking products and services to individuals and families, and companies in the United States. It offers checking, savings, certificates of deposit, and individual retirement accounts; and debit, gift, travel, and credit cards. The company also provides personal loans for cars and autos, boats, trailers, motorcycles, tractors, or RVs; furniture or appliances; debt consolidation services; mortgage, construction, home equity, term, commercial and residential real estate, equipment finance, floor plan, fleet/truck, small business, farming/start-up, and other loans, as well as finance for farming operations, including working capital and input costs, equipment, capital improvements, and others. In addition, it offers investment and trust, treasury management, and mobile and online banking services. It operates branches in Winona, Goodview, Rushford, Lanesboro, St. Charles, Rochester, La Crescent, Caledonia, Spring Grove, Cannon Falls, Red Wing, Hampton, Hastings, Apple Valley, Lakeville, Cottage Grove, Rosemount, and Northfield, Minnesota; and Onalaska and Eau Claire, Wisconsin. The company was founded in 1875 and is headquartered in Winona, Minnesota.
MFGI Financial Timeline
Browse a chronological timeline of Merchants Financial Group, Inc. corporate events including earnings releases, dividend announcements, and stock splits.
Dividend declared on 22 Apr 2025
A dividend of $0.38 per share was announced, adjusted to $0.38. The dividend was paid on 20 Jun 2025.
Dividend declared on 22 Oct 2024
A dividend of $0.36 per share was announced, adjusted to $0.36. The dividend was paid on 20 Dec 2024.
Dividend declared on 16 May 2024
A dividend of $0.36 per share was announced, adjusted to $0.36. The dividend was paid on 21 Jun 2024.
Dividend declared on 17 Oct 2023
A dividend of $0.36 per share was announced, adjusted to $0.36. The dividend was paid on 22 Dec 2023.
Dividend declared on 18 Apr 2023
A dividend of $0.34 per share was announced, adjusted to $0.34. The dividend was paid on 23 Jun 2023.
Dividend declared on 18 Oct 2022
A dividend of $0.33 per share was announced, adjusted to $0.33. The dividend was paid on 23 Dec 2022.
Dividend declared on 19 May 2022
A dividend of $0.30 per share was announced, adjusted to $0.30. The dividend was paid on 17 Jun 2022.
Stock split effective on 19 May 2022
Shares were split 3:1, changing the number of shares outstanding and the price per share accordingly.
Stock split effective on 16 May 2022
Shares were split 3:1, changing the number of shares outstanding and the price per share accordingly.
Dividend declared on 18 Nov 2021
A dividend of $0.85 per share was announced, adjusted to $0.28. The dividend was paid on 24 Dec 2021.
Dividend declared on 20 May 2021
A dividend of $0.80 per share was announced, adjusted to $0.27. The dividend was paid on 18 Jun 2021.
Dividend declared on 19 Nov 2020
A dividend of $0.75 per share was announced, adjusted to $0.25. The dividend was paid on 18 Dec 2020.
MFGI Stock Performance
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