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.
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.
Marquette National Corporation (OTCQX: MNAT) reported a year-to-date net income of $9.9 million for the first half of 2021, up from $6.6 million in 2020. Earnings per share rose to $2.24 from $1.51. Total assets increased to $2.023 billion, a 5% rise, while total loans grew by 3% to $1.257 billion. Total deposits also saw a 6% increase, reaching $1.664 billion. The growth is attributed to a lower provision for loan losses and higher equity portfolio appreciation.
Marquette National Corporation (OTCQX: MNAT) has announced a cash dividend of $0.27 per share, payable on October 1, 2021, to shareholders of record as of September 17, 2021. As of June 30, 2021, the company had 4,402,896 shares outstanding and total assets of approximately $2.024 billion. Marquette operates as a diversified bank holding company providing a wide range of financial services through its banking subsidiary, Marquette Bank, which has 20 branches throughout the Chicagoland area.
Marquette Bank awarded $2,500 scholarships to 61 graduating seniors from Chicagoland schools, totaling $152,500 in 2021. The scholarships are part of the Marquette Bank Education Foundation, which has given over $3.7 million to more than 1,850 students since 1968. Scholarships are based on financial need, academic achievement, and community service. Marquette Bank emphasizes its commitment to supporting education and community development as part of its Neighborhood Commitment initiative.
Marquette National Corporation (OTCQX: MNAT) will hold its annual stockholders meeting on May 13, 2021, at the Community Room of Marquette Bank's Oak Forest location. The meeting will commence at 2:00 p.m. Four Class III directors will be elected for three-year terms. Following the resignation of Michael D. Devlin on April 21, 2021, the board will have a total of 11 directors. To ensure safety amid the COVID-19 pandemic, stockholders are encouraged to vote by proxy rather than attending in person.
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