Marquette National Corporation declares dividend of $ 0.27 per share

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CHICAGO, April 21, 2021 / PRNewswire / – Marquette National Corporation (OTCQX: MNAT) today announced that its board of directors has declared a cash dividend of $ 0.27 per share. The dividend will be payable on July 1, 2021 to shareholders registered on June 18, 2021. As of March 31, 2021, Marquette had 4,404,584 shares issued and outstanding.

Marquette National Corporation is a diversified banking holding company with total assets of approximately $ 1.982 billion. The company’s banking subsidiary, Marquette Bank, is a full-service community bank serving the financial needs of the communities of Chicagoland, offering a full range of financial solutions, including retail banking, home loans, trust, l insurance, investments, wealth management. and banking services for businesses to consumers and business customers. Marquette Bank has 20 branches located in Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Mount, New Lenox, Oak forest, Oak lawn, Orland Park, Romeoville and Mountain peak, Illinois. For more information visit: http://www.emarquettebank.com.

Special Note Regarding Forward-Looking Statements
This document contains, and future oral and written statements of the Company and its management may contain forward-looking statements concerning the financial condition, results of operations, plans, objectives, future performance and activities of the Company. Forward-looking statements, which may be based on the beliefs, expectations and assumptions of the management of the company and on information currently available to management, are generally identifiable by the use of words such as “believe”, “s ‘expect’, ‘anticipate’, plan, ” intend ‘,’ estimate ‘,’ may ‘,’ want ‘,’ would ‘,’ could ‘,’ should ‘or other similar expressions. a number of factors, many of which are beyond the Company’s control or prediction, could cause actual results to differ materially from those of its forward-looking statements. These factors include, among others, the following: (i) the effects of the COVID-19 pandemic, including its potential effects on the economic environment, the company’s customers and its operations, as well as any changes in federal, state, or local laws, regulations or by-laws relating to the pandemic; (ii) the strength of local, state, national and international economies (including the impact of the 2020 presidential election and the impact of tariffs, a US withdrawal or major renegotiation of trade agreements, trade wars and other changes in trade regulations); (iii) changes in accounting policies and practices (including due to the future implementation of current standards on expected credit loss impairment (CECL), which will change the way the company estimates credit losses) ; (iv) changes in state and federal laws, regulations and government policies relating to general Company operations; (v) changes in interest rates and prepayment rates on the Company’s assets (including the impact of the phase-out of LIBOR); (vi) increased competition in the financial services industry and the inability to attract new customers; (vii) the economic impact of any future terrorist threats and attacks, and the response United States to such threats and attacks; (viii) technological changes and the ability to develop and maintain safe and reliable electronic systems; (ix) loss of management or key employees; (x) trends in consumer spending; and (xi) unexpected results of an existing or new litigation involving the Company. These risks and uncertainties should be taken into account in evaluating forward-looking statements and should not place undue reliance on such statements. In addition, all statements contained in this document, including forward-looking statements, speak only as of the date on which they are made, and the Company does not undertake to update any statement in light of new information or future events.

For more information:
Paul Eckroth
Executive Vice President and Chief Financial Officer
708-364-9011
[email protected]

SOURCE Marquette National Corporation

Related links

https://emarquettebank.com

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