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 National Corporation (MNAT) is a diversified bank holding company and the parent of Marquette Bank, a full-service community bank serving the Chicagoland area. The MNAT news page on Stock Titan aggregates company-issued announcements and market updates so readers can see how this commercial banking organization communicates its financial and strategic developments.
News for Marquette National Corporation frequently includes quarterly and year-to-date financial results, highlighting net income or loss, earnings per share and changes in total assets, loans and deposits. These releases often explain the drivers of performance, such as unrealized and realized gains in the company’s equity portfolio and movements in net interest income. Investors and analysts can use these updates to understand how the company’s balance sheet and earnings profile evolve over time.
Another recurring theme in MNAT news is capital management activity, including declarations of cash dividends per share and authorizations of common stock repurchase programs. These announcements specify dividend amounts, record dates, payment dates and the size and timing of repurchase authorizations, offering insight into how the board of directors approaches shareholder returns.
Marquette Bank’s community and regulatory performance also features prominently. The bank has reported its twelfth consecutive Community Reinvestment Act (CRA) “Outstanding” rating from the Federal Reserve Bank of Chicago and describes its neighborhood-focused initiatives, such as the Marquette Neighborhood Commitment. Leadership and governance updates, including planned leadership transitions at the bank and holding company, appear in the news flow as well.
By following MNAT news on this page, readers can monitor financial disclosures, dividend and repurchase decisions, community banking milestones, CRA-related achievements and key corporate announcements from Marquette National Corporation and Marquette Bank.
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.
On April 27, 2022, Marquette National Corporation (OTCQX: MNAT) announced a cash dividend of $0.28 per share, payable on July 1, 2022, to shareholders of record as of June 17, 2022. The company has approximately 4,376,189 shares outstanding as of March 31, 2022. Marquette National Corporation operates a diversified banking business with total assets around $2.091 billion and serves the Chicagoland area through its subsidiary, Marquette Bank, providing a variety of financial services across 21 branches.
Marquette National Corporation (OTCQX: MNAT) announced a cash dividend increase of $0.28 per share, reflecting a 3.7% rise from the previous quarter. This dividend will be payable on April 1, 2022 to shareholders recorded by March 18, 2022. As of December 31, 2021, Marquette had 4,373,071 shares outstanding and total assets of approximately $2.094 billion. The bank operates 21 branches across the Chicagoland area, providing a range of financial services.
Marquette Bank, located in Orland Park, Ill., was awarded the 2021 ABA Foundation Community Commitment Award for its Mobile Food Pantry initiative, enhancing community support during the pandemic. This program distributed over 6,000 food boxes through partnerships with local organizations and employee volunteers. Recognized for creativity in volunteerism, Marquette Bank continues to address critical community needs through its Neighborhood Commitment. The bank operates 23 offices in the Chicagoland area and is a subsidiary of Marquette National Corporation (OTCQX: MNAT), boasting assets over $1.9 billion.
Marquette National Corporation (OTCQX: MNAT) reported a year-to-date net income of $11.6 million for the first nine months of 2021, down from $14.2 million in 2020. Earnings per share decreased to $2.65 from $3.23. Total assets rose by 7% to $2.053 billion, with loans increasing by 3% to $1.261 billion and deposits up 8% to $1.696 billion. CEO Paul M. McCarthy attributed the earnings decline primarily to lower equity portfolio appreciation.
Marquette National Corporation (OTCQX: MNAT) has declared a cash dividend of $0.27 per share, payable on January 3, 2022, to shareholders of record by December 17, 2021. This dividend decision reflects the company's financial stability, with total assets approximating $2.053 billion as of September 30, 2021. Additionally, the Board authorized a stock repurchase program of up to $1.5 million to be executed through December 31, 2022.
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