Level One Bancorp Announces Quarterly Common Stock Cash Dividend
Rhea-AI Summary
Level One Bancorp, Inc. (Nasdaq: LEVL) declared a quarterly cash dividend of $0.06 per share, payable on January 15, 2022, to shareholders of record on December 31, 2021. The company, headquartered in Michigan, reported assets of approximately $2.54 billion as of September 30, 2021, and operates sixteen banking centers throughout Southeast and West Michigan. This dividend announcement reflects the company's commitment to returning income to its shareholders.
Positive
- Declared quarterly cash dividend of $0.06 per share.
- Assets of approximately $2.54 billion indicate strong financial health.
- Continued operation of sixteen banking centers supports market presence.
Negative
- None.
News Market Reaction
On the day this news was published, LEVL gained 0.41%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FARMINGTON HILLS, Mich., Dec. 15, 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