Marquette National Corporation Declares a Dividend of $0.31 per Share

Rhea-AI Summary

Marquette National Corporation (OTCQX: MNAT) declared a cash dividend of $0.31 per share, payable on January 2, 2026 to shareholders of record on December 19, 2025. As of September 30, 2025 the company had 4,387,041 shares outstanding.

The Board also authorized a common stock repurchase program to buy up to $1,000,000 of outstanding shares from January 1, 2026 through December 31, 2026; the prior repurchase program will terminate on December 31, 2025. The company reports total assets of $2.2 billion and operates 20 branches in Chicagoland.

Positive

• $0.31 per share cash dividend declared
• Repurchase authorization of up to $1,000,000 for 2026
• 4,387,041 shares issued and outstanding as of Sep 30, 2025
• Total assets of $2.2 billion and 20 Chicagoland branches

Negative

• None.

Announces a New Common Stock Repurchase Program

CHICAGO, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Marquette National Corporation (OTCQX: MNAT) today announced that its Board of Directors declared a cash dividend of $0.31 per share. The dividend will be payable on January 2, 2026 to shareholders of record on December 19, 2025. As of September 30, 2025, Marquette had 4,387,041 shares issued and outstanding.

The Company also announced that its Board of Directors authorized the repurchase of up to $1,000,000 of its outstanding common stock at prevailing market prices through open market or negotiated transactions. The repurchase program is authorized from January 1, 2026 through December 31, 2026. The Company’s previously announced Repurchase Program will terminate on December 31, 2025.

Marquette National Corporation is a diversified bank holding company with total assets of $2.2 billion. The Company's banking subsidiary, Marquette Bank, is a full-service, community bank that serves the financial needs of communities in Chicagoland, offering an extensive line of financial solutions, including retail banking, real estate lending, trust, insurance, investments, wealth management and business banking to consumers and commercial customers. Marquette Bank has 20 branches located in: Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont, New Lenox, Oak Forest, Oak Lawn, Orland Park, Summit and Tinley Park, Illinois. For more information visit: https://emarquettebank.com

Special Note Concerning Forward-Looking Statements. 
This document contains, and future oral and written statements of the Company and its management may contain, forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations and assumptions of the Company’s management and on information currently available to management, are generally identifiable by the use of words such as “believe,” “expect,” “anticipate,” “bode”, “predict,” “suggest,” “project”, “appear,” “plan,” “intend,” “estimate,” ”annualize,” “may,” “will,” “would,” “could,” “should,” “likely,” “might,” “potential,” “continue,” “annualized,” “target,” “outlook,” as well as the negative forms of those words, or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.

A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, but are not limited to: (i) the strength of the local, state, national and international economies and financial markets (including effects of inflationary pressures and supply chain constraints); (ii) effects on the U.S. economy resulting from the implementation of policies proposed by the new presidential administration, including tariffs, mass deportations and tax regulations; (iii) the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, acts of war or threats thereof (including the Russian invasion of Ukraine and ongoing conflicts in the Middle East), or other adverse events that could cause economic deterioration or instability in credit markets, and the response of the local, state and national governments to any such adverse external events; (iv) new or revised accounting policies and practices, as may be adopted by state and federal regulatory agencies, the Financial Accounting Standards Board or the Public Company Accounting Oversight Board; (v) changes in local, state and federal laws, regulations and governmental policies concerning the Company’s general business and any changes in response to the bank failures in 2023; (vi) the imposition of tariffs or other governmental policies impacting the value of products produced by the Company’s commercial borrowers; (vii) increased competition in the financial services sector, including from non-bank competitors such as credit unions and fintech companies, and the inability to attract new customers; (viii) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (ix) unexpected results of acquisitions which may include failure to realize the anticipated benefits of the acquisitions and the possibility that transaction costs may be greater than anticipated; (x) the loss of key executives and employees, talent shortages and employee turnover; (xi) changes in consumer spending; (xii) unexpected outcomes and costs of existing or new litigation or other legal proceedings and regulatory actions involving the Company; (xiii) the economic impact on the Company and its customers of climate change, natural disasters and exceptional weather occurrences such as tornadoes, floods and blizzards; (xiv) fluctuations in the value of securities held in our securities portfolio, including as a result of changes in interest rates; (xv) credit risk and risks from concentrations (by type of borrower, geographic area, collateral and industry) within our loan portfolio and large loans to certain borrowers (including CRE loans); (xvi) the overall health of the local and national real estate market; (xvii) the ability to maintain an adequate level of allowance for credit losses on loans; (xviii) the concentration of large deposits from certain clients who have balances above current FDIC insurance limits and who may withdraw deposits to diversify their exposure; (xix) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits, and may negatively impact the Company’s cost of funds; (xx) the level of non-performing assets on our balance sheets; (xxi) interruptions involving our information technology and communications systems or third-party servicers; (xxii) the occurrence of fraudulent activity, breaches or failures of our third-party vendors’ information security controls or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (xxiii) changes in the interest rates and repayment rates of the Company’s assets; (xxiv) the effectiveness of the Company’s risk management framework, and (xxv) the ability of the Company to manage the risks associated with the foregoing as well as anticipated. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements.

For more information:
Patrick Hunt
EVP & CFO
708-364-9019
phunt@emarquettebank.com

FAQ

What dividend did Marquette National Corporation (MNAT) declare on October 23, 2025?

The Board declared a cash dividend of $0.31 per share on October 23, 2025.

When is the MNAT dividend payable and what is the record date?

The dividend is payable on January 2, 2026 to shareholders of record on December 19, 2025.

How large is Marquette National's 2026 share repurchase authorization (MNAT)?

The Board authorized repurchases of up to $1,000,000 of common stock from Jan 1, 2026 through Dec 31, 2026.

How many MNAT shares were outstanding as of September 30, 2025?

There were 4,387,041 shares issued and outstanding as of September 30, 2025.

Does Marquette National have an earlier repurchase program in effect for 2025?

Yes. The company's previously announced repurchase program will terminate on December 31, 2025.

What are Marquette National's total assets and branch footprint reported in the announcement?

The company reported total assets of $2.2 billion and 20 branches in the Chicagoland area.