Marquette Natl Stock Price, News & Analysis

On April 20, 2023, Marquette National Corporation (OTCQX: MNAT) declared a cash dividend of $0.28 per share, payable on July 3, 2023 to shareholders of record by June 16, 2023. As of March 31, 2023, the company had 4,367,506 shares outstanding and total assets amounting to approximately $2.119 billion. Marquette National Corporation operates as a diversified bank holding company through its subsidiary, Marquette Bank, which offers various financial services across 21 branches in the Chicagoland area, including retail banking, real estate lending, and wealth management.

Marquette National Corporation (OTCQX: MNAT) reported a net loss of $2.96 million for the year ending December 31, 2022, a significant drop from a net income of $14.20 million in 2021. Earnings per share fell from $3.23 to a loss of $0.68. Total assets decreased by $11 million to $2.083 billion, while total loans increased by $149 million, up 12% to $1.427 billion. Deposits, however, declined by $50 million to $1.689 billion. The decline in parent company equity portfolio value was cited for the earnings drop.

Marquette National Corporation (OTCQX: MNAT) announced a cash dividend of $0.28 per share, payable on April 3, 2023, to shareholders of record on March 17, 2023. The company reported 4,355,375 shares outstanding as of December 31, 2022. Additionally, the Board authorized a stock repurchase program of up to $1,000,000 at market prices, effective through December 31, 2023. Marquette National Corporation has total assets of approximately $2.083 billion, providing banking services to the Chicagoland area.

Marquette Bank has appointed Mary Klingenberger to its Board of Directors. Klingenberger, who has been a director at Marquette National Corporation since 2015, brings over 28 years of banking experience, including leadership roles at BMO Harris. She recently retired as President of Mother McAuley Liberal Arts High School, where she inspired young women. Chairman Paul M. McCarthy expressed confidence in Klingenberger’s community and banking experience, which will enhance governance continuity between the bank and its holding company. Marquette National Corporation has total assets of approximately $2.069 billion.

Marquette National Corporation (OTCQX: MNAT) reported a net loss of $6.8 million for the nine months ended September 30, 2022, compared to a net income of $11.6 million in the same period of 2021. Earnings per share decreased from $2.65 to ($1.55). Total assets as of September 30, 2022, decreased by 1% to $2.069 billion, while total loans rose by 7% to $1.368 billion. Total deposits also increased by 1% to $1.764 billion. The decline in earnings was attributed to the depreciation of the parent company's equity portfolio.

Marquette National Corporation (OTCQX: MNAT) has declared a cash dividend of $0.28 per share, payable on January 3, 2023, to shareholders of record as of December 16, 2022. With roughly 4,355,488 shares outstanding, this move reflects the company's ongoing commitment to providing returns to its investors. As of September 30, 2022, Marquette's total assets were approximately $2.069 billion, emphasizing its substantial presence in the financial sector, particularly through its community banking services across various Chicago locations.

Marquette National Corporation (OTCQX: MNAT) reported a year-to-date net loss of $8.6 million for the first half of 2022, compared to a net income of $9.9 million in the same period of 2021. This resulted in an earnings per share loss of $1.97, down from $2.24 in 2021. As of June 30, 2022, total assets decreased to $2.084 billion, while total loans rose by 3% to $1.308 billion. Total deposits increased by 2% to $1.765 billion. The decline in earnings was attributed to reduced value in the parent company's equity portfolio.

Marquette National Corporation (OTCQX: MNAT) has declared a cash dividend of $0.28 per share, payable on October 3, 2022, to shareholders on record as of September 16, 2022. As of June 30, 2022, the company had 4,363,674 shares outstanding. Marquette, a diversified bank holding company with total assets around $2.084 billion, operates Marquette Bank, providing a range of financial services through 21 branches in the Chicagoland area.

Marquette National Corporation (OTCQX: MNAT) reported a net loss of $2.3 million for Q1 2022, a decline from a net income of $2.4 million in Q1 2021. Earnings per share fell to ($0.53) from $0.54 year-over-year. Total assets remained stable at approximately $2.094 billion. The company saw a 3% increase in total loans to $1.301 billion and a 1% increase in total deposits to $1.753 billion. CEO Paul M. McCarthy attributed the earnings drop to unrealized losses on their equity portfolio.