Maltese Capital Management’s Merchants Bancorp Series D Preferred Stock MBINM Stock Holding History

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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-52,000	Closed	-$1.29M	–	122
2025 Q3	$1.29M	Sell	52,000 -8,000	-13%	-$201K	0.2%	103
2025 Q2	$1.49M	Sell	60,000 -4,579	-7%	-$116K	0.21%	101
2025 Q1	$1.65M	Hold	64,579	–	–	0.27%	85
2024 Q4	$1.66M	Sell	64,579 -12,561	-16%	-$327K	0.25%	89
2024 Q3	$1.97M	Sell	77,140 -24,042	-24%	-$620K	0.3%	87
2024 Q2	$2.55M	Sell	101,182 -3,218	-3%	-$82.8K	0.47%	57
2024 Q1	$2.66M	Hold	104,400	–	–	0.51%	50
2023 Q4	$2.52M	Sell	104,400 -5,500	-5%	-$132K	0.71%	43
2023 Q3	$2.54M	Sell	109,900 -7,600	-6%	-$186K	0.96%	43
2023 Q2	$2.87M	Sell	117,500 -7,500	-6%	-$178K	0.99%	40
2023 Q1	$3.26M	Sell	125,000 -27,400	-18%	-$724K	1.22%	30
2022 Q4	$4.22M	Sell	152,400 -22,600	-13%	-$598K	1.17%	31
2022 Q3	$4.4M	Buy	+175,000	New	+$4.41M	1.01%	35

Other funds holding MBINM

AIC

Archer Investment Corporation Carmel, Indiana $522M AUM 26.29% 1-Year Est. Return

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

Maltese Capital Management sold out of Merchants Bancorp Series D Preferred Stock (MBINM) in Q4 2025, closing a stake of 52,000 shares — an estimated $1.29M sold.

Maltese Capital Management first reported a position in MBINM in Q3 2022 and held it in 13 quarters. The position peaked at $4.4M in Q3 2022. 1 fund tracked by Wall St. Rank holds MBINM as of Q4 2025.

Maltese Capital Management reported no remaining Merchants Bancorp Series D Preferred Stock position as of Q4 2025 after selling out during the quarter.
Maltese Capital Management sold 52,000 Merchants Bancorp Series D Preferred Stock shares in Q4 2025, an estimated $1.29M.
Maltese Capital Management first reported a position in Merchants Bancorp Series D Preferred Stock in Q3 2022 and held it in 13 quarters.
Maltese Capital Management's Merchants Bancorp Series D Preferred Stock position peaked at $4.4M in Q3 2022.
1 fund tracked by Wall St. Rank held Merchants Bancorp Series D Preferred Stock as of Q4 2025.

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