INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Merchants Bancorp - MBIN

NEW YORK CITY, NY / ACCESS Newswire / May 13, 2026 / Pomerantz LLP is investigating claims on behalf of investors of Merchants Bancorp ("Merchants Bancorp" or the "Company") (NASDAQ:MBIN). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Merchants Bancorp and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

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On April 28, 2026, Merchants Bancorp reported its financial results for the first quarter of 2026. Among other items, Merchants Bancorp disclosed that its brokered deposits had declined roughly 50% year over year and that funding costs had risen materially in the quarter.

On this news, Merchant Bancorp's stock price fell $4.63 per share, or 9.33%, to close at $45.00 per share on April 29, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

SOURCE: Pomerantz LLP