{"success":true,"data":{"pressRelease":{"id":"23859","rtpr_id":"nNFC6KzlWp","ticker":"MBIN","exchange":"NASDAQ","all_tickers":["MBIN"],"title":"Lost Money on Merchants Bancorp (MBIN)? Contact Levi & Korsinsky About Fraud Investigation","author":"Newsfile Corp","published_at":"2026-05-06T18:32:22.657Z","article_body":"New York, New York--(Newsfile Corp. - May 6, 2026) - Levi & Korsinsky notifies\ninvestors that it has commenced an investigation into Merchants Bancorp\n(\"Merchants Bancorp\") (NASDAQ: MBIN) concerning potential violations of the\nfederal securities laws.\n\nThe Q1 2026 earnings release showed what appeared to be a headline beat.\nBeneath that number, brokered deposits -- a key funding source for the bank --\nhad declined approximately 50% compared to Q1 2025. At the same time, the\nCompany's cost of funds increased materially. The market's reaction was\nimmediate: MBIN shares fell 9.3% as investors recalculated the sustainability\nof the Company's earnings trajectory in light of the deposit contraction and\nfunding-cost pressure.\nPrior to the Q1 2026 release, the Company had emphasized \"strong deposit\ngrowth\" in communications with investors. The earnings report did not\nreconcile that characterization with the scale of the brokered-deposit\ndecline. Analysts and investors who had relied on prior deposit-growth\nmessaging absorbed the new data and sold.\n\nIf you suffered a loss on your Merchants Bancorp securities and would like to\nexplore a potential recovery under the federal securities laws, Learn More\nAbout the Investigation (https://api.newsfilecorp.com/redirect/Mq2AYHqkrr) or\ncontact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call\n(212)363-7500 to speak to our team of experienced shareholder advocates.\n\n(https://images.newsfilecorp.com/files/7091/296303_138068_logo.jpg)\n\nWHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has\nestablished itself as a nationally-recognized securities litigation firm that\nhas secured hundreds of millions of dollars for aggrieved shareholders and\nbuilt a track record of winning high-stakes cases. The firm has extensive\nexpertise representing investors in complex securities litigation and a team\nof over 70 employees to serve our clients. For seven years in a row, Levi &\nKorsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as\none of the top securities litigation firms in the United States. Attorney\nAdvertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\nEd Korsinsky, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@levikorsinsky.com\nTel: (212)363-7500\nFax: (212)363-7171\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/296303","article_body_html":"","raw_payload":{"data":{"id":"nNFC6KzlWp","title":"Lost Money on Merchants Bancorp (MBIN)? Contact Levi & Korsinsky About Fraud Investigation","author":"Newsfile Corp","ticker":"MBIN","created":"2026-05-06T18:32:22.657Z","tickers":["MBIN"],"exchange":"NASDAQ","article_body":"New York, New York--(Newsfile Corp. - May 6, 2026) - Levi & Korsinsky notifies\ninvestors that it has commenced an investigation into Merchants Bancorp\n(\"Merchants Bancorp\") (NASDAQ: MBIN) concerning potential violations of the\nfederal securities laws.\n\nThe Q1 2026 earnings release showed what appeared to be a headline beat.\nBeneath that number, brokered deposits -- a key funding source for the bank --\nhad declined approximately 50% compared to Q1 2025. At the same time, the\nCompany's cost of funds increased materially. The market's reaction was\nimmediate: MBIN shares fell 9.3% as investors recalculated the sustainability\nof the Company's earnings trajectory in light of the deposit contraction and\nfunding-cost pressure.\nPrior to the Q1 2026 release, the Company had emphasized \"strong deposit\ngrowth\" in communications with investors. The earnings report did not\nreconcile that characterization with the scale of the brokered-deposit\ndecline. Analysts and investors who had relied on prior deposit-growth\nmessaging absorbed the new data and sold.\n\nIf you suffered a loss on your Merchants Bancorp securities and would like to\nexplore a potential recovery under the federal securities laws, Learn More\nAbout the Investigation (https://api.newsfilecorp.com/redirect/Mq2AYHqkrr) or\ncontact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or call\n(212)363-7500 to speak to our team of experienced shareholder advocates.\n\n(https://images.newsfilecorp.com/files/7091/296303_138068_logo.jpg)\n\nWHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has\nestablished itself as a nationally-recognized securities litigation firm that\nhas secured hundreds of millions of dollars for aggrieved shareholders and\nbuilt a track record of winning high-stakes cases. The firm has extensive\nexpertise representing investors in complex securities litigation and a team\nof over 70 employees to serve our clients. For seven years in a row, Levi &\nKorsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as\none of the top securities litigation firms in the United States. Attorney\nAdvertising. Prior results do not guarantee similar outcomes.\n\nCONTACT:\nLevi & Korsinsky, LLP\nJoseph E. Levi, Esq.\nEd Korsinsky, Esq.\n33 Whitehall Street, 27th Floor\nNew York, NY 10004\njlevi@levikorsinsky.com\nTel: (212)363-7500\nFax: (212)363-7171\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/296303"},"type":"article","timestamp":"2026-05-06T18:32:22.691569512Z","server_sent_at_ms":1778092342691},"received_at":"2026-05-06T18:32:22.750Z","source_url":"https://www.newsfilecorp.com/release/296303"},"analysis":null,"durationMs":null,"modelName":null}}