Maltese Capital Management’s Merchants Bancorp 7.25% Series E Preferred Stock MBINL Stock Holding History

Maltese Capital Management’s Portfolio MBINL Stock Details MBINL Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-22,000	Closed	-$508K	–	128
2025 Q3	$508K	Sell	22,000 -7,895	-26%	-$183K	0.08%	120
2025 Q2	$688K	Sell	29,895 -22,990	-43%	-$540K	0.1%	119
2025 Q1	$1.32M	Sell	52,885 -12,115	-19%	-$307K	0.21%	93
2024 Q4	$1.64M	Buy	+65,000	New	+$1.66M	0.25%	90

Other funds holding MBINL

AIC

Archer Investment Corporation Carmel, Indiana $508M AUM 24.82% 1-Year Est. Return

Maltese Capital Management's MBINL Position: Q4 2025 in Review

Maltese Capital Management sold out of Merchants Bancorp 7.25% Series E Preferred Stock (MBINL) in Q4 2025, closing a stake of 22,000 shares — an estimated $508K sold.

Maltese Capital Management first reported a position in MBINL in Q4 2024 and held it in 4 quarters. The position peaked at $1.64M in Q4 2024. 1 fund tracked by Wall St. Rank holds MBINL as of Q4 2025.

Maltese Capital Management reported no remaining Merchants Bancorp 7.25% Series E Preferred Stock position as of Q4 2025 after selling out during the quarter.
Maltese Capital Management sold 22,000 Merchants Bancorp 7.25% Series E Preferred Stock shares in Q4 2025, an estimated $508K.
Maltese Capital Management first reported a position in Merchants Bancorp 7.25% Series E Preferred Stock in Q4 2024 and held it in 4 quarters.
Maltese Capital Management's Merchants Bancorp 7.25% Series E Preferred Stock position peaked at $1.64M in Q4 2024.
1 fund tracked by Wall St. Rank held Merchants Bancorp 7.25% Series E Preferred Stock as of Q4 2025.

Based on Maltese Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.