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Merchants Bancorp shares drop 9.3% after Q1 earnings reveal sharp deposit decline and rising funding costs

Market News
06 May 2026
Newsfile Corp
View Source
Bearish
pluang ai news

Levi & Korsinsky has launched an investigation into Merchants Bancorp following its Q1 2026 earnings report, which showed a headline beat but revealed a nearly 50% drop in brokered deposits compared to Q1 2025. This decline, coupled with a significant increase in the company's cost of funds, led to a 9.3% share price drop as investors questioned the sustainability of earnings growth. Prior company statements highlighted strong deposit growth, but the earnings report did not address the steep deposit decline, causing concern among investors and analysts. The investigation aims to explore potential violations of federal securities laws related to these disclosures.

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The global hyperpigmentation treatment market, valued at $1.52 billion in 2025, is projected to grow to $2.85 billion by 2035 at a CAGR of 6.5%. Growth is fueled by rising consumer awareness of skin aesthetics, increasing cases of pigmentation disord...

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BlackRock Enhanced Equity Dividend Trust offers 8.12% yield with a value-driven, covered call strategy amid a wider discount.

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The BlackRock Enhanced Equity Dividend Trust (BDJ) provides investors with an 8.12% yield through a diversified, value-oriented portfolio using a covered call strategy. Currently trading at an 8.22% discount, wider than its historical average, BDJ pr...

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