Welcome to our dedicated page for Marquette Natl news (Ticker: MNAT), a resource for investors and traders seeking the latest updates and insights on Marquette Natl stock.
Marquette Natl (MNAT) maintains its position as a cornerstone of Chicagoland's financial landscape through its community-focused banking operations. This news hub provides investors and stakeholders with verified updates about the company’s financial performance, strategic initiatives, and community partnerships.
Access timely information on quarterly earnings disclosures, regulatory developments, and leadership updates alongside analysis of MNAT’s evolving role in regional banking. Our curated collection features press releases detailing new branch openings, loan program expansions, and financial results that demonstrate the company’s commitment to stable growth.
Key updates include annual report publications, FDIC compliance milestones, and initiatives supporting local economic development. Users can track MNAT’s asset management strategies and deposit service innovations through chronologically organized filings and announcements.
Bookmark this page for streamlined access to Marquette Natl’s official communications, enabling informed analysis of its market position within the competitive Midwest banking sector. Check regularly for updates reflecting the company’s ongoing operations and community engagement efforts.
Marquette National (OTCQX: MNAT) reported year-to-date net income of $13.2 million for the first six months of 2024, up from $12.0 million in the same period of 2023. Earnings per share increased to $3.02 from $2.76 year-over-year. As of June 30, 2024, total assets grew 3% to $2.196 billion, while total loans slightly decreased to $1.423 billion. Total deposits rose 2% to $1.749 billion.
The company attributed the improved earnings primarily to higher unrealized gains on its equity portfolio, partially offset by decreased net interest income and increased provision for credit losses. Marquette National operates as a diversified financial holding company, with its subsidiary Marquette Bank serving Chicagoland communities through multiple branches.
Marquette National (OTCQX: MNAT) has declared a cash dividend of $0.28 per share, payable on October 1, 2024, to shareholders of record on September 20, 2024. As of June 30, 2024, the company had 4,380,744 shares issued and outstanding.
Marquette National is a diversified bank holding company with total assets of approximately $2.20 billion. Its banking subsidiary, Marquette Bank, offers a wide range of financial solutions including retail banking, real estate lending, trust, insurance, investments, wealth management, and business banking services. The bank operates 20 branches across various locations in Chicagoland.
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