STOCK TITAN

MARQUETTE NATL CORP - MNAT STOCK NEWS

Welcome to our dedicated news page for MARQUETTE NATL (Ticker: MNAT), a resource for investors and traders seeking the latest updates and insights on MARQUETTE NATL.

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 MARQUETTE NATL'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 MARQUETTE NATL's position in the market.

Rhea-AI Summary
Marquette National reported strong financial results for the first quarter of 2024, with net income increasing to $8.5 million compared to $7.4 million in the same period last year. Earnings per share also saw a significant rise to $1.93 from $1.70. Total assets, loans, and deposits showed positive growth, reflecting a healthy financial position. The company attributed the earnings increase to higher unrealized gains on its equity portfolio, although offset by a decrease in net interest income.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
-
Rhea-AI Summary
Marquette National (MNAT) declares a dividend of $0.28 per share, payable to shareholders on July 1, 2024. With 4,381,112 shares outstanding and total assets of $2.16 billion, the diversified bank holding company continues to serve the financial needs of Chicagoland communities through its subsidiary, Marquette Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Summary
Marquette National Corporation (MNAT) reported a significant turnaround in net income, shifting from a loss in 2022 to a profit of $16.12 million in 2023. Earnings per share also improved from a loss of $0.68 to $3.69. Total assets increased by 3% to $2.142 billion, with total deposits rising by 1% to $1.710 billion. However, total loans decreased slightly. The company attributes the earnings increase to higher unrealized gains on its equity portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Marquette National Corporation (MNAT) declared a cash dividend of $0.28 per share, payable on April 1, 2024, to shareholders of record on March 15, 2024. The Board also authorized the repurchase of up to $1,000,000 of its outstanding common stock through open market or negotiated transactions. The company has total assets of approximately $2.14 billion and operates 20 branches in Chicagoland, offering a wide range of financial solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.86%
Tags
buyback dividends
-
Rhea-AI Summary
Marquette National Corporation reports year-to-date net income of $12.3 million, compared to a net loss of $6.8 million in the same period last year. Earnings per share for the first nine months of 2023 were $2.81, compared to a loss of $1.55 per share in 2022. Total assets increased by $38 million to $2.121 billion, total loans increased by $8 million to $1.420 billion, and total deposits increased by $27 million to $1.715 billion. The subsidiary bank's earnings were positive, but negatively impacted by a $1.1 million asset write-down upon the closure of a branch and pressure on net interest income due to increased interest rates.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.39%
Tags
-
Rhea-AI Summary
Marquette National Corporation declares a cash dividend of $0.28 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.48%
Tags
dividends
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
MARQUETTE NATL CORP

OTC:MNAT

MNAT Rankings

MNAT Stock Data

114.78M
Commercial Banking
Finance and Insurance
Link
United States of America
Chicago