Marquette National Corporation announced on October 22 that its board declared a $0.33-per-share cash dividend and authorized up to $1 million in common stock repurchases for 2027. The new repurchase authorization will follow the expiration of the company’s existing program at the end of 2026.
Key Takeaways
- The dividend is payable January 4, 2027, to shareholders of record on December 18, 2026.
- The new buyback program authorizes purchases of up to $1 million during calendar 2027.
- Marquette reported 4,388,274 shares issued and outstanding as of September 30, 2026.
Table of Contents
- Marquette dividend payment dates
- New repurchase window begins in January
- Chicagoland banking business
- Conclusion
Marquette dividend payment dates
The declared cash dividend sets December 18, 2026, as the shareholder record date, with payment scheduled for January 4, 2027. Marquette’s common stock trades on the OTCQX market under the symbol MNAT.
New repurchase window begins in January
The board’s authorization allows the company to buy outstanding common shares at prevailing market prices through open-market or negotiated transactions. The program runs from January 1 through December 31, 2027.
The previously announced repurchase program will terminate on December 31, 2026. The new announcement establishes an authorization for future purchases, rather than reporting completed buybacks.
Chicagoland banking business
Marquette is a diversified bank holding company with total assets of $2.1 billion. Its subsidiary, Marquette Bank, operates 20 branches serving Chicagoland communities.
The bank provides consumer and commercial services, including retail and business banking, real estate lending, trust, insurance, investments and wealth management.
Conclusion
The announcement sets an early-January dividend payment and a separate, year-long authorization for share repurchases in 2027.
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