Level One Bancorp Announces First Quarter Cash Dividend
Rhea-AI Summary
Level One Bancorp, Inc. (Nasdaq: LEVL) has declared a quarterly cash dividend of $0.06 per share, set to be paid on April 15, 2021, to shareholders recorded by March 31, 2021. As of December 31, 2020, the company reported assets totaling approximately $2.44 billion. Level One Bancorp operates 16 banking centers across Southeast and West Michigan, focusing on providing full-service commercial and consumer banking.
Positive
- Quarterly cash dividend of $0.06 per share indicates strong shareholder returns.
- Company assets stand at approximately $2.44 billion, reflecting financial stability.
Negative
- None.
News Market Reaction – LEVL
In the trading session that priced this news, LEVL declined 2.11%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FARMINGTON HILLS, Mich., March 17, 2021 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. (“Level One”) (Nasdaq: LEVL) announced that the Board of Directors of Level One had declared a quarterly cash dividend on its common stock of
Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately