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Level One Bancrp Stock Price, News & Analysis

LEVL Nasdaq

Welcome to our dedicated page for Level One Bancrp news (Ticker: LEVL), a resource for investors and traders seeking the latest updates and insights on Level One Bancrp stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Level One Bancrp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Level One Bancrp's position in the market.

Rhea-AI Summary

Level One Bancorp, Inc. (Nasdaq: LEVL) has declared a quarterly cash dividend of $47.92 per share on its 7.50% Non-Cumulative Preferred Stock, Series B. Holders of depositary shares will receive $0.4792 per depositary share. This dividend is scheduled to be paid on November 15, 2020, to shareholders of record at the close of business on October 31, 2020. As of June 30, 2020, Level One Bancorp had assets totaling approximately $2.51 billion and operates sixteen banking centers across Southeast and West Michigan.

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Level One Bancorp, Inc. (Nasdaq: LEVL) declared a quarterly cash dividend of $0.05 per share, payable on October 15, 2020, to shareholders of record on September 30, 2020. The company, which operates as a full-service commercial and consumer bank, reported assets of approximately $2.51 billion as of June 30, 2020. Level One Bancorp serves Southeast and West Michigan through sixteen banking centers, contributing to its position within the local banking sector.

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Level One Bancorp, Inc. (Nasdaq: LEVL) announced the pricing of a public offering of 1,000,000 depositary shares, each reflecting a 1/100th interest in 7.50% Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $2,500 per share. An option for underwriters to purchase an additional 150,000 shares is included. Proceeds will support general corporate purposes, including growth and debt reduction. The offering, closing on or about August 13, 2020, is underwritten by Piper Sandler & Co.

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Level One Bancorp, Inc. (Nasdaq: LEVL) has declared a quarterly cash dividend of $0.05 per share, payable on July 15, 2020, to shareholders of record on June 30, 2020. The company, headquartered in Michigan, reported assets of approximately $1.94 billion as of March 31, 2020. Level One operates sixteen banking centers across Southeast and West Michigan. This dividend announcement reflects the company’s commitment to returning value to shareholders while maintaining a robust financial standing.

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FAQ

What is the market cap of Level One Bancrp (LEVL)?

The market cap of Level One Bancrp (LEVL) is approximately 311.0M.
Level One Bancrp

Nasdaq:LEVL

LEVL Rankings

LEVL Stock Data

310.96M
4.90M
36.42%
43.23%
0.14%
Banks—Regional
Financial Services
Link
United States
Farmington Hills