Maltese Capital Management LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Maltese Capital Management LLC reported 119 stock positions worth $705.9 million. Its top holding was Citigroup (C) at 3.6% of the portfolio, followed by M & T Bank (MTB, 2.9%) and QCR (QCRH, 2.7%). Compared with Q1 2025, it opened 17 new positions, sold out of 10, added to 49 and reduced 25. The biggest buy was a new position in Chime Financial Class A (CHYM) and the biggest sale an exit from First Bancshares (FBMS).

Most Recent 13F
Q2 2026
Location
New York, NY
CIK
0001040762
Portfolio Value
$705.9M (Q2 2025)
SEC Filing
0000919574-25-004794 ↗ filed Aug 14, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $512.7M Q1 2024 Q2 2024: $534.4M Q2 2024 Q3 2024: $611.2M Q3 2024 Q4 2024: $647.1M Q4 2024 Q1 2025: $607.3M Q1 2025 Q2 2025: $705.9M $705.9M Q2 2025 Q3 2025: $648.1M Q3 2025 Q4 2025: $553.7M Q4 2025 Q1 2026: $498.3M Q1 2026 Q2 2026: $538.3M Q2 2026

Holdings 119 stocks · $705.9M

C Citigroup Inc. 3.62% 300,000 $25.5M Reduce -14.5%
MTB M & T Bank Corp. filed as M & T BK CORP 2.89% 105,000 $20.4M Add +12.3%
QCRH QCR Holdings Inc. 2.74% 285,000 $19.4M Add +58.3%
AMTB Amerant Bancorp Inc. 2.69% 1,042,604 $19.0M No change
WFC Wells Fargo & Co. 2.41% 212,500 $17.0M Add +3.7%
FCNCA First Citizens Bcshs Class A 2.38% 8,600 $16.8M Reduce -7.5%
WAL Western Alliance Bancorp 2.22% 201,000 $15.7M Add +8.9%
ABCB Ameris Bancorp 2.18% 237,500 $15.4M Add +1.1%
NBHC National Bank Hold Class A 2.16% 405,000 $15.2M Add +62.0%
MCHB Mechanics Bancorp Class A filed as HOMESTREET INC 2.04% 1,100,000 $14.4M Add +4.8%
WSBC Wesbanco Inc. 2.02% 451,663 $14.3M Add +0.1%
WBS Webster Financial Corp. 2.01% 260,000 $14.2M Add +6.1%
CHYM Chime Financial Inc. Class A 1.97% 403,400 $13.9M New
EQBK Equity Bancshares Inc. Class A 1.88% 326,000 $13.3M No change
ZION Zions Bancorp NA 1.86% 253,000 $13.1M Add +19.1%
FHN First Horizon Corp. 1.68% 560,000 $11.9M Reduce -7.5%
HBNC Horizon Bancorp Inc. 1.68% 770,000 $11.8M Add +9.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.68% 250,000 $11.8M Reduce -28.6%
COF Capital One Financial Corp. 1.66% 55,000 $11.7M Add +266.7%
FFWM First Foundation Inc. 1.60% 2,211,200 $11.3M Add +31.6%
SSB Southstate Bank Corp. 1.60% 122,500 $11.3M Add +25.6%
FRST Primis Financial Corp. 1.58% 1,025,430 $11.1M Add +10.3%
UMBF Umb Financial Corp. 1.42% 95,400 $10.0M Add +0.4%
WTFC Wintrust Financial Corp. 1.41% 80,000 $9.9M Reduce -26.9%
MOFG Midwestone Financial Group I 1.40% 344,101 $9.9M No change
WABC Westamerica Bancorporation 1.37% 200,000 $9.7M Reduce -18.2%
JPM JPMorgan Chase & Co. 1.33% 32,500 $9.4M Reduce -23.5%
RNST Renasant Corp. 1.32% 260,000 $9.3M Add +23.7%
TFC Truist Financial Corp. 1.31% 215,000 $9.2M Add +22.9%
FSBC Five Star Bancorp 1.18% 291,600 $8.3M No change
ESSA Essa Bancorp Inc. 1.16% 421,279 $8.2M No change
NPB Northpointe Bancshares Inc. 1.14% 585,000 $8.0M Reduce -7.9%
FSUN Firstsun Capital Bancorp 1.13% 230,000 $8.0M Add +2.2%
KEY Keycorp 1.09% 440,000 $7.7M Add +17.3%
ONB Old National Bancorp 1.04% 343,700 $7.3M Add +175.9%
UNTY Unity Bancorp Inc. 1.03% 155,000 $7.3M Add +9.0%
BY Byline Bancorp Inc. 0.97% 256,600 $6.9M New
EFSI Eagle Financial Services Inc. 0.94% 217,500 $6.7M Add +8.8%
IBOC International Bancshares CRP 0.94% 100,000 $6.7M No change
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.91% 257,500 $6.4M No change
SF Stifel Financial Corp. 0.90% 61,400 $6.4M No change
CARE Carter Bankshares Inc. 0.90% 364,972 $6.3M Add +26.5%
ARES Ares Management Corp. Class A 0.86% 35,000 $6.1M Add +6.1%
EWBC East West Bancorp Inc. 0.86% 60,000 $6.1M Reduce -36.8%
PFBC Preferred Bank/Los Angeles 0.86% 70,000 $6.1M Reduce -5.7%
VLY Valley National Bancorp 0.81% 642,900 $5.7M Reduce -0.2%
FISI Financial Institutions Inc. 0.80% 220,000 $5.6M Reduce -2.7%
FCCO First Community Corp. 0.79% 227,678 $5.6M Add +3.5%
FITB Fifth Third Bancorp 0.76% 130,000 $5.3M Add +8.3%
JCAP Jefferson Capital Inc. 0.75% 286,800 $5.3M New
ISTR Investar Holding Corp. 0.71% 258,153 $5.0M No change
USCB Uscb Financial Holdings Inc. 0.68% 289,200 $4.8M No change
BLK BlackRock Inc. 0.67% 4,500 $4.7M Reduce -11.8%
MBWM Mercantile Bank Corp. 0.66% 100,000 $4.6M Add +16.7%
SCHW Schwab (charles) Corp. 0.65% 50,000 $4.6M Add +233.3%
JHG Janus Henderson Group PLC 0.63% 115,000 $4.5M Add +1050.0%
CBNK Capital Bancorp Inc. 0.59% 125,000 $4.2M Reduce -10.7%
UBSI United Bankshares Inc. 0.59% 115,000 $4.2M Reduce -12.4%
EFSC Enterprise Financial Service 0.59% 75,000 $4.1M No change
INDB Independent Bank Corp. 0.58% 65,000 $4.1M Add +30.0%
SEIC Sei Investments Company 0.57% 45,000 $4.0M Add +50.0%
MGYR Magyar Bancorp Inc. 0.56% 239,100 $4.0M Add +0.0%
HBAN Huntington Bancshares Inc. 0.55% 230,000 $3.9M Reduce -32.4%
CFG Citizens Financial Group 0.54% 85,000 $3.8M Add +142.9%
FMBH First Mid Bancshares Inc. 0.52% 98,500 $3.7M No change
AUB Atlantic Union Bankshares Co. 0.52% 117,500 $3.7M New
WT Wisdomtree Inc. 0.51% 315,000 $3.6M Add +530.0%
BUSE First Busey Corp. 0.49% 150,000 $3.4M New
CIVB Civista Bancshares Inc. 0.48% 147,000 $3.4M Add +1.4%
CCBG Capital City Bank Group Inc. 0.47% 85,000 $3.3M Reduce -7.3%
HBCP Home Bancorp Inc. 0.47% 64,448 $3.3M No change
CCNE CNB Financial Corp. 0.47% 145,600 $3.3M No change
TOWN Towne Bank 0.46% 95,000 $3.2M Add +5.6%
VCTR Victory Capital Holding - A 0.45% 50,000 $3.2M Reduce -16.7%
OPBK Op Bancorp 0.45% 245,000 $3.2M Add +5.4%
BEN Franklin Templeton Inc. 0.45% 133,097 $3.2M Reduce -24.8%
OBT Orange County Bancorp Inc. 0.44% 120,000 $3.1M New
BWB Bridgewater Bancshares Inc. 0.40% 178,469 $2.8M Add +19.9%
IBCP Independent Bank Corp. - Mich 0.40% 87,141 $2.8M Add +34.1%
PNC PNC Financial Services Group 0.40% 15,000 $2.8M New
BAM Brookfield Asset Mgmt-A 0.39% 50,000 $2.8M Add +400.0%
ESQ Esquire Financial Holdings I 0.36% 27,000 $2.6M Reduce -50.9%
IROQ If Bancorp Inc. 0.34% 99,769 $2.4M Reduce -0.2%
IVZ Invesco Ltd. 0.34% 150,000 $2.4M Add +114.3%
PCB PCB Bancorp 0.33% 112,127 $2.4M Add +1.9%
COLB Columbia Banking System Inc. 0.33% 100,000 $2.3M New
WNEB Western New England Bancorp 0.33% 252,500 $2.3M Add +107.0%
BKU Bankunited Inc. 0.33% 65,000 $2.3M Reduce -35.0%
BCOW 1895 Bancorp of Wisconsin Inc. 0.31% 212,500 $2.2M No change
HOMB Home Bancshares Inc. 0.30% 75,000 $2.1M No change
STBA S & T Bancorp Inc. 0.29% 53,500 $2.0M New
EQFN Equitable Financial Corp. 0.27% 147,513 $1.9M No change
HTBK Heritage Commerce Corp. 0.27% 190,000 $1.9M New
TRMK Trustmark Corp. 0.26% 50,000 $1.8M Reduce -48.7%
HOPE Hope Bancorp Inc. 0.24% 160,000 $1.7M Add +14.3%
WRIV White River Bancshares Co. 0.24% 40,000 $1.7M No change
WLFC Willis Lease Finance Corp. 0.22% 10,783 $1.5M No change
COFS Choiceone Financial SVCS Inc. 0.21% 52,005 $1.5M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.19% 15,000 $1.4M New
MBBC Marathon Bancorp Inc. 0.19% 135,000 $1.3M New
SBCF Seacoast Banking Corp. 0.19% 47,500 $1.3M Add +58.3%
PEBK Peoples Bancorp of NC 0.18% 45,000 $1.3M Add +22.1%
FFBC First Financial Bancorp 0.18% 52,500 $1.3M Add +5.0%
BANC Banc of California Inc. 0.18% 90,000 $1.3M Reduce -75.7%
FFIC Flushing Financial Corp. 0.16% 94,000 $1.1M New
BHF Brighthouse Financial Inc. 0.15% 20,000 $1.1M New
PBBK PB Bankshares Inc. 0.15% 60,000 $1.1M No change
ACNB Acnb Corp. 0.14% 23,880 $1.0M New
LPLA LPL Financial Holdings Inc. 0.13% 2,500 $937K Add +400.0%
USB US Bancorp 0.13% 20,000 $905K New
PB Prosperity Bancshares Inc. 0.12% 12,500 $878K No change
TRST Trustco Bank Corp. NY 0.12% 26,200 $876K No change
AFBI Affinity Bancshares Inc. 0.12% 47,000 $864K No change
TCBC TC Bancshares Inc. 0.10% 44,400 $704K No change
ECBK Ecb Bancorp Inc. 0.10% 45,500 $703K No change
SLG SL Green Realty Corp. 0.07% 8,500 $526K No change
CBAN Colony Bankcorp 0.07% 31,415 $517K New
FVCB Fvcbankcorp Inc. 0.05% 30,000 $354K No change
PVBC Provident Bancorp Inc. 0.01% 4,178 $52K Reduce -96.9%
Other holdings (4): bonds, preferreds, convertibles and warrants · $6.8M (not counted above)
SecurityClassShares / PrincipalValueChange
BANC OF CALIFORNIA INC (BANC V7.75 PERP F) NON 13F SECURITY 98,000$2.4MNo change
FLAGSTAR BANK NA (FLG 6 11/01/51) UNIT 05/07/2051 58,205$2.2MNo change
MERCHANTS BANCORP (MBIN V8.25 PERP) Preferred 60,000$1.5MReduce -7.1%
MERCHANTS BANCORP (MBIN 7.625 PERP) Preferred 29,895$688KReduce -43.5%

Total filed on the 13F, all lines: $712.7M.

Portfolio Sells Q1 2025 → Q2 2025

FBMS First Bancshares Inc. Sold out 0.00% −0.79
BAC Bank of America Corp. Reduce -28.6% 1.68% −0.73
BANC Banc of California Inc. Reduce -75.7% 0.18% −0.69
SRCE 1ST Source Corp. Sold out 0.00% −0.68
WABC Westamerica Bancorporation Reduce -18.2% 1.37% −0.67
SASR Sandy Spring Bancorp Inc. Sold out 0.00% −0.65
WTFC Wintrust Financial Corp. Reduce -26.9% 1.41% −0.62
EWBC East West Bancorp Inc. Reduce -36.8% 0.86% −0.55
C Citigroup Inc. Reduce -14.5% 3.62% −0.49
FCNCA First Citizens Bcshs Class A Reduce -7.5% 2.38% −0.46
JPM JPMorgan Chase & Co. Reduce -23.5% 1.33% −0.38
NPB Northpointe Bancshares Inc. Reduce -7.9% 1.14% −0.37
ESQ Esquire Financial Holdings I Reduce -50.9% 0.36% −0.32
TRMK Trustmark Corp. Reduce -48.7% 0.26% −0.30
HBAN Huntington Bancshares Inc. Reduce -32.4% 0.55% −0.29
PPBI Pacific Premier Bancorp Inc. Sold out 0.00% −0.26
FHN First Horizon Corp. Reduce -7.5% 1.68% −0.26
PVBC Provident Bancorp Inc. Reduce -96.9% 0.01% −0.25
BKU Bankunited Inc. Reduce -35.0% 0.33% −0.24
DCOM Dime Commercial Bancshares I Sold out 0.00% −0.23
PWOD Penns Woods Bancorp Inc. Sold out 0.00% −0.19
GNTY Guaranty Bancshares Inc. Sold out 0.00% −0.16
PFBC Preferred Bank/Los Angeles Reduce -5.7% 0.86% −0.16
UBSI United Bankshares Inc. Reduce -12.4% 0.59% −0.16
VLY Valley National Bancorp Reduce -0.2% 0.81% −0.13
FISI Financial Institutions Inc. Reduce -2.7% 0.80% −0.13
BLK BlackRock Inc. Reduce -11.8% 0.67% −0.13
VCTR Victory Capital Holding - A Reduce -16.7% 0.45% −0.12
BEN Franklin Templeton Inc. Reduce -24.8% 0.45% −0.11
CCBG Capital City Bank Group Inc. Reduce -7.3% 0.47% −0.07
CBNK Capital Bancorp Inc. Reduce -10.7% 0.59% −0.06
IROQ If Bancorp Inc. Reduce -0.2% 0.34% −0.05
RVSB Riverview Bancorp Inc. Sold out 0.00% −0.04
FSFG First Savings Financial Grp Sold out 0.00% −0.02
HTB Hometrust Bancshares Inc. Sold out 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025

CHYM Chime Financial Inc. Class A New 1.97% +1.97
COF Capital One Financial Corp. Add +266.7% 1.66% +1.21
BY Byline Bancorp Inc. New 0.97% +0.97
JCAP Jefferson Capital Inc. New 0.75% +0.75
QCRH QCR Holdings Inc. Add +58.3% 2.74% +0.63
ONB Old National Bancorp Add +175.9% 1.04% +0.60
NBHC National Bank Hold Class A Add +62.0% 2.16% +0.58
JHG Janus Henderson Group PLC Add +1050.0% 0.63% +0.57
AUB Atlantic Union Bankshares Co. New 0.52% +0.52
BUSE First Busey Corp. New 0.49% +0.49
SCHW Schwab (charles) Corp. Add +233.3% 0.65% +0.45
WT Wisdomtree Inc. Add +530.0% 0.51% +0.44
OBT Orange County Bancorp Inc. New 0.44% +0.44
PNC PNC Financial Services Group New 0.40% +0.40
COLB Columbia Banking System Inc. New 0.33% +0.33
BAM Brookfield Asset Mgmt-A Add +400.0% 0.39% +0.31
CFG Citizens Financial Group Add +142.9% 0.54% +0.30
STBA S & T Bancorp Inc. New 0.29% +0.29
HTBK Heritage Commerce Corp. New 0.27% +0.27
BNY Bank of New York Mellon Corp. New 0.19% +0.19
MBBC Marathon Bancorp Inc. New 0.19% +0.19
SEIC Sei Investments Company Add +50.0% 0.57% +0.19
FFWM First Foundation Inc. Add +31.6% 1.60% +0.16
IVZ Invesco Ltd. Add +114.3% 0.34% +0.16
FFIC Flushing Financial Corp. New 0.16% +0.16
BHF Brighthouse Financial Inc. New 0.15% +0.15
RNST Renasant Corp. Add +23.7% 1.32% +0.15
ACNB Acnb Corp. New 0.14% +0.14
WNEB Western New England Bancorp Add +107.0% 0.33% +0.14
MTB M & T Bank Corp. Add +12.3% 2.89% +0.13
USB US Bancorp New 0.13% +0.13
CARE Carter Bankshares Inc. Add +26.5% 0.90% +0.13
TFC Truist Financial Corp. Add +22.9% 1.31% +0.12
ZION Zions Bancorp NA Add +19.1% 1.86% +0.12
SSB Southstate Bank Corp. Add +25.6% 1.60% +0.11
LPLA LPL Financial Holdings Inc. Add +400.0% 0.13% +0.11
KEY Keycorp Add +17.3% 1.09% +0.10
FRST Primis Financial Corp. Add +10.3% 1.58% +0.08
UNTY Unity Bancorp Inc. Add +9.0% 1.03% +0.08
CBAN Colony Bankcorp New 0.07% +0.07
IBCP Independent Bank Corp. - Mich Add +34.1% 0.40% +0.07
INDB Independent Bank Corp. Add +30.0% 0.58% +0.06
ARES Ares Management Corp. Class A Add +6.1% 0.86% +0.06
BWB Bridgewater Bancshares Inc. Add +19.9% 0.40% +0.06
SBCF Seacoast Banking Corp. Add +58.3% 0.19% +0.06
MBWM Mercantile Bank Corp. Add +16.7% 0.66% +0.04
PEBK Peoples Bancorp of NC Add +22.1% 0.18% +0.02
MGYR Magyar Bancorp Inc. Add +0.0% 0.56% +0.02
CIVB Civista Bancshares Inc. Add +1.4% 0.48% +0.02
MCHB Mechanics Bancorp Class A Add +4.8% 2.04% +0.01

Notes & Other Activity Q1 2025 → Q2 2025

MERCHANTS BANCORP (MBIN V8.25 PERP) Preferred Reduce -7.1% 60,000 $1.5M
MERCHANTS BANCORP (MBIN 7.625 PERP) Preferred Reduce -43.5% 29,895 $688K

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 97$538.3MSSB, USB, FSUN, FRST, NBHC
Q1 2026 101$498.3MSSB, FFWM, CCNE, C, EQBK
Q4 2025 104$553.7MSSB, C, FFWM, EQBK, WBS
Q3 2025 119$648.1MC, AMTB, WAL, NBHC, WBS
Q2 2025 119$705.9MC, MTB, QCRH, AMTB, WFC
Q1 2025 112$607.3MC, AMTB, FCNCA, MTB, WFC
Q4 2024 109$647.1MC, AMTB, WFC, USB, FCNCA
Q3 2024 98$611.2MFCNCA, C, USB, AMTB, WTFC
Q2 2024 89$534.4MC, WFC, FCNCA, WTFC, EWBC
Q1 2024 86$512.7MC, FCNCA, BANC, WTFC, WAL