JPMorgan Chase Trims Stake in Merchants Bancorp

The institutional investor sold over 73,000 shares of the regional bank's stock in the third quarter.

Apr. 2, 2026 at 8:52am

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JPMorgan Chase & Co. reduced its holdings in Merchants Bancorp (NASDAQ:MBIN) by 29.1% during the third quarter, according to a recent SEC filing. The institutional investor now owns 179,098 shares of the company's stock, worth approximately $5.7 million.

Why it matters

The reduction in JPMorgan's stake in Merchants Bancorp could signal a shift in the investment firm's outlook on the regional bank's performance and growth prospects. Institutional investor activity is closely watched as it can influence overall market sentiment.

The details

According to the filing, JPMorgan Chase sold 73,491 shares of Merchants Bancorp stock during the third quarter. The institutional investor now owns a 0.39% stake in the company, down from its previous 0.55% ownership. Merchants Bancorp is a regional bank headquartered in Buffalo, New York, offering commercial banking, mortgage lending, and treasury management services.

  • JPMorgan Chase filed the SEC report detailing the stake reduction on April 2, 2026.
  • The share sale occurred during the third quarter of the previous year.

The players

JPMorgan Chase & Co.

A multinational investment bank and financial services company headquartered in New York City.

Merchants Bancorp

A regional bank based in Buffalo, New York, offering commercial banking, mortgage lending, and treasury management services.

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The takeaway

The reduction in JPMorgan Chase's stake in Merchants Bancorp could signal a shift in the investment firm's outlook on the regional bank's performance and growth prospects, potentially influencing overall market sentiment around the company.