Merchants Bancorp 7.625 Non-Cumulative Perpetual Preferred Stock, Series E

CUSIP: 58844R850 Class: Preferred

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

Exited Positions (1)

MALTESE CAPITAL MANAGEMENT LLC
Value ($000) $508 Shares 22,000