{"success":true,"data":{"pressRelease":{"id":"24928","rtpr_id":"nGNX15x4Bb","ticker":"MNAT","exchange":"OTC","all_tickers":["MNAT"],"title":"Marquette National Corporation Reports First Quarter 2026 Results","author":"Globe Newswire","published_at":"2026-05-07T09:50:00.196Z","article_body":"CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Marquette National Corporation\n(OTCQX: MNAT) today reported net loss of $2.86 million for the quarter ended\nMarch 31, 2026, compared to net loss of $2.95 million for the first three\nmonths of 2025.  The loss per share for the first three months of 2026 was\n$(0.65), as compared to a loss of $(0.67) per share for the comparable period\nin 2025.\n\nAt March 31, 2026, total assets were $2.190 billion, a decrease of $35.1\nmillion, compared to $2.225 billion at December 31, 2025. Total loans\ndecreased by $26.8 million, to $1.386 billion compared to $1.412 billion at\nthe end of 2025. Total deposits decreased by $4.0 million to $1.770 billion\ncompared to $1.774 billion at the end of 2025.\n\nPaul M. McCarthy, Chairman & CEO, said, “the net loss for the current\nquarter was due primarily to the unrealized holding losses on the marketable\nequity securities.  The unrealized holding losses on the Company’s equity\nportfolio were partially offset by a 21% increase in net interest income over\nthe comparable first three months of 2025.” \n\nMarquette National Corporation is a diversified financial holding company and\nthe parent of Marquette Bank, a full-service, community bank that serves the\nfinancial needs of communities in Chicagoland. The Bank has branches located\nin: Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont,\nNew Lenox, Oak Forest, Oak Lawn, Orland Park, Summit and Tinley Park,\nIllinois.\n\nFor further information on financial results, visit:\nhttps://www.otcmarkets.com/stock/MNAT/disclosure.\n\nSpecial Note Concerning Forward-Looking Statements\nThis document contains, and future oral and written statements of the Company\nand its management may contain, forward-looking statements with respect to the\nfinancial condition, results of operations, plans, objectives, future\nperformance and business of the Company. Forward-looking statements, which may\nbe based upon beliefs, expectations and assumptions of the Company’s\nmanagement and on information currently available to management, are generally\nidentifiable by the use of words such as “believe,” “expect,”\n“anticipate,” “bode”, “predict,” “suggest,” “project”,\n“appear,” “plan,” “intend,” “estimate,” ”annualize,”\n“may,” “will,” “would,” “could,” “should,” “likely,”\n“might,” “potential,” “continue,” “annualized,” “target,”\n“outlook,” as well as the negative forms of those words, or other similar\nexpressions. Additionally, all statements in this document, including\nforward-looking statements, speak only as of the date they are made, and the\nCompany undertakes no obligation to update any statement in light of new\ninformation or future events. A number of factors, many of which are beyond\nthe ability of the Company to control or predict, could cause actual results\nto differ materially from those in its forward-looking statements. These\nfactors include, but are not limited to: (i) the strength of the local, state,\nnational and international economies and financial markets (including effects\nof inflationary pressures); (ii) effects on the U.S. economy resulting from\nactions taken by the federal government, including the threat or\nimplementation of tariffs, immigration enforcement, and changes in foreign\npolicy and tax regulations; (iii) the economic impact of any future terrorist\nthreats and attacks, widespread disease or pandemics, military conflicts, acts\nof war or threats thereof (including the Russian invasion of Ukraine, ongoing\nconflicts in the Middle East and the recent military actions in Venezuela), or\nother adverse events that could cause economic deterioration or instability in\ncredit markets, and the response of the local, state and national governments\nto any such adverse external events; (iv) new or revised accounting policies\nand practices, as may be adopted by state and federal regulatory agencies, the\nFinancial Accounting Standards Board or the Public Company Accounting\nOversight Board; (v) changes in local, state and federal laws, regulations and\ngovernmental policies concerning the Company’s general business; (vi) the\nimposition of tariffs or other governmental policies impacting the value of\nproducts produced by the Company’s commercial borrowers; (vii) increased\ncompetition in the financial services sector, including from non-bank\ncompetitors such as credit unions and fintech companies, and the inability to\nattract new customers; (viii) changes in technology and the ability to develop\nand maintain secure and reliable electronic systems; (ix) unexpected results\nof acquisitions which may include failure to realize the anticipated benefits\nof the acquisitions and the possibility that transaction costs may be greater\nthan anticipated; (x) the loss of key executives and employees, talent\nshortages and employee turnover; (xi) changes in consumer spending; (xii)\nunexpected outcomes and costs of existing or new litigation or other legal\nproceedings and regulatory actions involving the Company; (xiii) the economic\nimpact on the Company and its customers of climate change, natural disasters\nand exceptional weather occurrences such as tornadoes, floods and blizzards;\n(xiv) fluctuations in the value of securities held in our securities\nportfolio, including as a result of changes in interest rates; (xv) credit\nrisk and risks from concentrations (by type of borrower, geographic area,\ncollateral and industry) within our loan portfolio and large loans to certain\nborrowers (including CRE loans); (xvi) the overall health of the local and\nnational real estate market; (xvii) the ability to maintain an adequate level\nof allowance for credit losses on loans; (xviii) the concentration of large\ndeposits from certain clients who have balances above current FDIC insurance\nlimits and who may withdraw deposits to diversify their exposure; (xix) the\nability to successfully manage liquidity risk, which may increase dependence\non non-core funding sources such as brokered deposits, and may negatively\nimpact the Company’s cost of funds; (xx) the level of non-performing assets\non our balance sheets; (xxi) interruptions involving our information\ntechnology and communications systems or third-party servicers; (xxii) the\noccurrence of fraudulent activity, breaches or failures of our third-party\nvendors’ information security controls or cybersecurity-related incidents,\nincluding as a result of sophisticated attacks using artificial intelligence\nand similar tools or as a result of insider fraud; (xxiii) changes in the\ninterest rates and repayment rates of the Company’s assets; (xxiv) the\neffectiveness of the Company’s risk management framework, and (xxv) the\nability of the Company to manage the risks associated with the foregoing as\nwell as anticipated. These risks and uncertainties should be considered in\nevaluating forward-looking statements and undue reliance should not be placed\non such statements.\n\n Marquette National Corporation and Subsidiary \n Financial Highlights \n (Unaudited) \n (in thousands, except share and per share data) \n \n Balance Sheet \n 03/31/26 12/31/25 Percent \n Change \n Total assets $2,189,672 $2,224,771 -2 % \n Total loans, net 1,371,822 1,398,388 -2 % \n Total deposits 1,769,606 1,773,612 0 % \n Total stockholders' equity 189,115 194,603 -3 % \n \n Shares outstanding 4,388,532 4,388,532 0 % \n Book value per share $43.09 $44.34 -3 % \n Tangible book value per share $35.04 $36.29 -3 % \n \n \n Operating Results \n Three Months Ended March 31, Percent Change \n 2026 2025 \n Net interest income $14,596 $12,098 21 % \n Provision for credit losses 327 328 0 % \n Realized marketable equity securities gains, net 34 6,316 -99 % \n Unrealized holding losses on marketable equity securities (7,684 ) (11,963 ) -36 % \n Other income 3,984 3,658 9 % \n Other expense 14,838 14,086 5 % \n Income tax benefit (1,375 ) (1,357 ) 1 % \n \n Net loss (2,860 ) (2,948 ) -3 % \n \n Basic and fully diluted loss per share ($0.65 ) ($0.67 ) -3 % \n Weighted average shares outstanding 4,388,532 4,367,473 0 % \n \n Cash dividends declared per share $0.33 $0.31 6 % \n \n Comprehensive income (loss) ($4,040 ) $1,992 * \n \n \n * Not meaningful \n \n\n\n\n For Immediate Release: May 7, 2026 For more information: Patrick Hunt SEVP / CFO \n 708-364-9019 \n phunt@emarquettebank.com \n\n\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX15x4Bb","title":"Marquette National Corporation Reports First Quarter 2026 Results","author":"Globe Newswire","ticker":"MNAT","created":"2026-05-07T09:50:00.196Z","tickers":["MNAT"],"exchange":"OTC","article_body":"CHICAGO, May 07, 2026 (GLOBE NEWSWIRE) -- Marquette National Corporation\n(OTCQX: MNAT) today reported net loss of $2.86 million for the quarter ended\nMarch 31, 2026, compared to net loss of $2.95 million for the first three\nmonths of 2025.  The loss per share for the first three months of 2026 was\n$(0.65), as compared to a loss of $(0.67) per share for the comparable period\nin 2025.\n\nAt March 31, 2026, total assets were $2.190 billion, a decrease of $35.1\nmillion, compared to $2.225 billion at December 31, 2025. Total loans\ndecreased by $26.8 million, to $1.386 billion compared to $1.412 billion at\nthe end of 2025. Total deposits decreased by $4.0 million to $1.770 billion\ncompared to $1.774 billion at the end of 2025.\n\nPaul M. McCarthy, Chairman & CEO, said, “the net loss for the current\nquarter was due primarily to the unrealized holding losses on the marketable\nequity securities.  The unrealized holding losses on the Company’s equity\nportfolio were partially offset by a 21% increase in net interest income over\nthe comparable first three months of 2025.” \n\nMarquette National Corporation is a diversified financial holding company and\nthe parent of Marquette Bank, a full-service, community bank that serves the\nfinancial needs of communities in Chicagoland. The Bank has branches located\nin: Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont,\nNew Lenox, Oak Forest, Oak Lawn, Orland Park, Summit and Tinley Park,\nIllinois.\n\nFor further information on financial results, visit:\nhttps://www.otcmarkets.com/stock/MNAT/disclosure.\n\nSpecial Note Concerning Forward-Looking Statements\nThis document contains, and future oral and written statements of the Company\nand its management may contain, forward-looking statements with respect to the\nfinancial condition, results of operations, plans, objectives, future\nperformance and business of the Company. Forward-looking statements, which may\nbe based upon beliefs, expectations and assumptions of the Company’s\nmanagement and on information currently available to management, are generally\nidentifiable by the use of words such as “believe,” “expect,”\n“anticipate,” “bode”, “predict,” “suggest,” “project”,\n“appear,” “plan,” “intend,” “estimate,” ”annualize,”\n“may,” “will,” “would,” “could,” “should,” “likely,”\n“might,” “potential,” “continue,” “annualized,” “target,”\n“outlook,” as well as the negative forms of those words, or other similar\nexpressions. Additionally, all statements in this document, including\nforward-looking statements, speak only as of the date they are made, and the\nCompany undertakes no obligation to update any statement in light of new\ninformation or future events. A number of factors, many of which are beyond\nthe ability of the Company to control or predict, could cause actual results\nto differ materially from those in its forward-looking statements. These\nfactors include, but are not limited to: (i) the strength of the local, state,\nnational and international economies and financial markets (including effects\nof inflationary pressures); (ii) effects on the U.S. economy resulting from\nactions taken by the federal government, including the threat or\nimplementation of tariffs, immigration enforcement, and changes in foreign\npolicy and tax regulations; (iii) the economic impact of any future terrorist\nthreats and attacks, widespread disease or pandemics, military conflicts, acts\nof war or threats thereof (including the Russian invasion of Ukraine, ongoing\nconflicts in the Middle East and the recent military actions in Venezuela), or\nother adverse events that could cause economic deterioration or instability in\ncredit markets, and the response of the local, state and national governments\nto any such adverse external events; (iv) new or revised accounting policies\nand practices, as may be adopted by state and federal regulatory agencies, the\nFinancial Accounting Standards Board or the Public Company Accounting\nOversight Board; (v) changes in local, state and federal laws, regulations and\ngovernmental policies concerning the Company’s general business; (vi) the\nimposition of tariffs or other governmental policies impacting the value of\nproducts produced by the Company’s commercial borrowers; (vii) increased\ncompetition in the financial services sector, including from non-bank\ncompetitors such as credit unions and fintech companies, and the inability to\nattract new customers; (viii) changes in technology and the ability to develop\nand maintain secure and reliable electronic systems; (ix) unexpected results\nof acquisitions which may include failure to realize the anticipated benefits\nof the acquisitions and the possibility that transaction costs may be greater\nthan anticipated; (x) the loss of key executives and employees, talent\nshortages and employee turnover; (xi) changes in consumer spending; (xii)\nunexpected outcomes and costs of existing or new litigation or other legal\nproceedings and regulatory actions involving the Company; (xiii) the economic\nimpact on the Company and its customers of climate change, natural disasters\nand exceptional weather occurrences such as tornadoes, floods and blizzards;\n(xiv) fluctuations in the value of securities held in our securities\nportfolio, including as a result of changes in interest rates; (xv) credit\nrisk and risks from concentrations (by type of borrower, geographic area,\ncollateral and industry) within our loan portfolio and large loans to certain\nborrowers (including CRE loans); (xvi) the overall health of the local and\nnational real estate market; (xvii) the ability to maintain an adequate level\nof allowance for credit losses on loans; (xviii) the concentration of large\ndeposits from certain clients who have balances above current FDIC insurance\nlimits and who may withdraw deposits to diversify their exposure; (xix) the\nability to successfully manage liquidity risk, which may increase dependence\non non-core funding sources such as brokered deposits, and may negatively\nimpact the Company’s cost of funds; (xx) the level of non-performing assets\non our balance sheets; (xxi) interruptions involving our information\ntechnology and communications systems or third-party servicers; (xxii) the\noccurrence of fraudulent activity, breaches or failures of our third-party\nvendors’ information security controls or cybersecurity-related incidents,\nincluding as a result of sophisticated attacks using artificial intelligence\nand similar tools or as a result of insider fraud; (xxiii) changes in the\ninterest rates and repayment rates of the Company’s assets; (xxiv) the\neffectiveness of the Company’s risk management framework, and (xxv) the\nability of the Company to manage the risks associated with the foregoing as\nwell as anticipated. These risks and uncertainties should be considered in\nevaluating forward-looking statements and undue reliance should not be placed\non such statements.\n\n Marquette National Corporation and Subsidiary \n Financial Highlights \n (Unaudited) \n (in thousands, except share and per share data) \n \n Balance Sheet \n 03/31/26 12/31/25 Percent \n Change \n Total assets $2,189,672 $2,224,771 -2 % \n Total loans, net 1,371,822 1,398,388 -2 % \n Total deposits 1,769,606 1,773,612 0 % \n Total stockholders' equity 189,115 194,603 -3 % \n \n Shares outstanding 4,388,532 4,388,532 0 % \n Book value per share $43.09 $44.34 -3 % \n Tangible book value per share $35.04 $36.29 -3 % \n \n \n Operating Results \n Three Months Ended March 31, Percent Change \n 2026 2025 \n Net interest income $14,596 $12,098 21 % \n Provision for credit losses 327 328 0 % \n Realized marketable equity securities gains, net 34 6,316 -99 % \n Unrealized holding losses on marketable equity securities (7,684 ) (11,963 ) -36 % \n Other income 3,984 3,658 9 % \n Other expense 14,838 14,086 5 % \n Income tax benefit (1,375 ) (1,357 ) 1 % \n \n Net loss (2,860 ) (2,948 ) -3 % \n \n Basic and fully diluted loss per share ($0.65 ) ($0.67 ) -3 % \n Weighted average shares outstanding 4,388,532 4,367,473 0 % \n \n Cash dividends declared per share $0.33 $0.31 6 % \n \n Comprehensive income (loss) ($4,040 ) $1,992 * \n \n \n * Not meaningful \n \n\n\n\n For Immediate Release: May 7, 2026 For more information: Patrick Hunt SEVP / CFO \n 708-364-9019 \n phunt@emarquettebank.com \n\n\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-07T09:50:00.237503725Z","server_sent_at_ms":1778147400237},"received_at":"2026-05-07T09:50:00.366Z","source_url":"https://www.globenewswire.com/news-release/2026/05/07/3289689/0/en/marquette-national-corporation-reports-first-quarter-2026-results.html"},"analysis":{"id":"19514","press_release_id":"24928","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":["continued net loss of $2.86 million","total assets and total loans declined quarter-over-quarter","net loss attributed to unrealized holding losses on equity securities"],"eventType":"earnings","narrative":"Marquette National reported a first-quarter net loss of $2.86 million, or $(0.65) per share, improving from a $2.95 million loss in the prior year period.\n\nNet interest income rose 21% year-over-year to $14.6 million, partially offsetting unrealized holding losses on the company's equity portfolio, but the balance sheet contracted with total loans falling by $26.8 million.\n\nDespite the net loss, the board raised the quarterly cash dividend by 6% to $0.33 per share.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Micro-cap bank narrows loss and hikes dividend amid balance sheet contraction."},"keyFigures":{"customDimensions":{"total_loans":1371822000,"total_assets":2189672000,"total_deposits":1769606000,"dividend_per_share":0.33,"net_interest_income":14596000}},"quotedText":"the net loss for the current quarter was due primarily to the unrealized holding losses on the marketable equity securities. The unrealized holding losses on the Company’s equity portfolio were partially offset by a 21% increase in net interest income over the comparable first three months of 2025.","namedEntities":{"people":[{"name":"Paul M. McCarthy","role":"Chairman & CEO"},{"name":"Patrick Hunt","role":"SEVP / CFO"}],"products":[],"companies":[{"name":"Marquette National Corporation","ticker":"MNAT"},{"name":"Marquette Bank","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$2.86 million","context":"Q1 2026 net loss"},{"amount":"$2.95 million","context":"Q1 2025 net loss"},{"amount":"$(0.65)","context":"Q1 2026 loss per share"},{"amount":"$2.190 billion","context":"Q1 2026 total assets"},{"amount":"$35.1 million","context":"decrease in total assets"},{"amount":"$26.8 million","context":"decrease in total loans"},{"amount":"$1.386 billion","context":"Q1 2026 total loans"},{"amount":"$4.0 million","context":"decrease in total deposits"},{"amount":"$0.33","context":"Q1 2026 cash dividend per share"},{"amount":"$0.31","context":"Q1 2025 cash dividend per share"}]},"materialImpact":{"score":2,"reasoning":"Routine quarterly earnings for a small-cap bank. While the net loss narrowed slightly and the dividend was increased, the company remains unprofitable and the balance sheet contracted with declines in both loans and deposits."},"tickerRelevance":{"others":[],"primary":"MNAT"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["dividend"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"routine_earnings","sectorWeight":"regional_banks"}},"event_type":"earnings","event_type_secondary":["dividend"],"sentiment":"neutral","material_impact_score":2,"narrative":"Marquette National reported a first-quarter net loss of $2.86 million, or $(0.65) per share, improving from a $2.95 million loss in the prior year period.\n\nNet interest income rose 21% year-over-year to $14.6 million, partially offsetting unrealized holding losses on the company's equity portfolio, but the balance sheet contracted with total loans falling by $26.8 million.\n\nDespite the net loss, the board raised the quarterly cash dividend by 6% to $0.33 per share.","key_figures":{"customDimensions":{"total_loans":1371822000,"total_assets":2189672000,"total_deposits":1769606000,"dividend_per_share":0.33,"net_interest_income":14596000}},"named_entities":{"people":[{"name":"Paul M. McCarthy","role":"Chairman & CEO"},{"name":"Patrick Hunt","role":"SEVP / CFO"}],"products":[],"companies":[{"name":"Marquette National Corporation","ticker":"MNAT"},{"name":"Marquette Bank","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$2.86 million","context":"Q1 2026 net loss"},{"amount":"$2.95 million","context":"Q1 2025 net loss"},{"amount":"$(0.65)","context":"Q1 2026 loss per share"},{"amount":"$2.190 billion","context":"Q1 2026 total assets"},{"amount":"$35.1 million","context":"decrease in total assets"},{"amount":"$26.8 million","context":"decrease in total loans"},{"amount":"$1.386 billion","context":"Q1 2026 total loans"},{"amount":"$4.0 million","context":"decrease in total deposits"},{"amount":"$0.33","context":"Q1 2026 cash dividend per share"},{"amount":"$0.31","context":"Q1 2025 cash dividend per share"}]},"model_name":"glm-4.7","prompt_hash":"sha256:f66160e0fe5301b2","schema_hash":"sha256:12363694422af5d9","created_at":"2026-05-07T19:01:56.716Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"routine_earnings","sectorWeight":"regional_banks"}},"durationMs":null,"modelName":"glm-4.7"}}