CHICAGO, Aug. 04, 2026 (GLOBE NEWSWIRE) -- Marquette National Corporation (OTCQX: MNAT) announced its financial results for the second quarter and first half of 2026, reporting modest year-over-year growth in net income and earnings per share. The company trades on the OTCQX Best Market, the highest tier of over-the-counter markets, which requires companies to meet financial standards and ongoing disclosure obligations.

The company posted year-to-date net income of $6.84 million for the first six months of 2026, up from $6.64 million recorded during the same period in 2025. Earnings per share rose to $1.56 for the first half of 2026, compared with $1.52 for the comparable period in the prior year.

As of June 30, 2026, total assets stood at $2.171 billion, reflecting a decrease of $54.3 million from $2.225 billion at December 31, 2025. Total loans declined slightly by $2.3 million to $1.410 billion, down from $1.412 billion at year-end 2025. Total deposits also saw a modest contraction, falling $20.1 million to $1.753 billion from $1.774 billion at the end of 2025. The deposit contraction mirrors a broader industry trend in which community banks have faced pressure on deposit balances as customers seek higher-yielding alternatives.

Paul M. McCarthy, Chairman and CEO, commented on the results: "The $205,000 increase in net income year-to-date versus the comparable year-to-date period in 2025 was due primarily to increased net interest income of $4.7 million that was partially offset by decreased realized/unrealized net gains on marketable equity securities of $3.8 million." Net interest income — the spread between what a bank earns on loans and investments and what it pays on deposits and borrowings — is the primary revenue source for community banks like Marquette, making the $4.7 million increase a significant contributor to the period's earnings growth.

Marquette National Corporation is a diversified financial holding company and the parent of Marquette Bank, a full-service community bank serving the financial needs of communities throughout the Chicagoland area. The bank operates branches in Chicago, Bolingbrook, Bridgeview, Evergreen Park, Hickory Hills, Lemont, New Lenox, Oak Forest, Oak Lawn, Orland Park, Summit, and Tinley Park, Illinois.

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Special Note Concerning Forward-Looking Statements

This document contains, and future oral and written statements of the Company and its management may contain, forward-looking statements with respect to the financial condition, results of operations, plans, objectives, future performance, and business of the Company. Forward-looking statements, which may be based upon beliefs, expectations, and assumptions of the Company's management and on information currently available to management, are generally identifiable by the use of words such as "believe," "expect," "anticipate," "bode," "predict," "suggest," "project," "appear," "plan," "intend," "estimate," "annualize," "may," "will," "would," "could," "should," "likely," "might," "potential," "continue," "annualized," "target," "outlook," as well as the negative forms of those words, or other similar expressions. Additionally, all statements in this document, including forward-looking statements, speak only as of the date they are made, and the Company undertakes no obligation to update any statement in light of new information or future events.

A number of factors, many of which are beyond the ability of the Company to control or predict, could cause actual results to differ materially from those in its forward-looking statements. These factors include, but are not limited to: (i) the strength of the local, state, national, and international economies and financial markets (including effects of inflationary pressures); (ii) effects on the U.S. economy resulting from actions taken by the federal government, including the threat or implementation of tariffs, immigration enforcement, and changes in foreign policy and tax regulations; (iii) the economic impact of any future terrorist threats and attacks, widespread disease or pandemics, military conflicts, acts of war or threats thereof (including the Russian invasion of Ukraine, ongoing conflicts in the Middle East, and the recent military actions in Venezuela), or other adverse events that could cause economic deterioration or instability in credit markets, and the response of the local, state, and national governments to any such adverse external events; (iv) new or revised accounting policies and practices, as may be adopted by state and federal regulatory agencies, the Financial Accounting Standards Board, or the Public Company Accounting Oversight Board; (v) changes in local, state, and federal laws, regulations, and governmental policies concerning the Company's general business; (vi) the imposition of tariffs or other governmental policies impacting the value of products produced by the Company's commercial borrowers; (vii) increased competition in the financial services sector, including from non-bank competitors such as credit unions and fintech companies, and the inability to attract new customers; (viii) changes in technology and the ability to develop and maintain secure and reliable electronic systems; (ix) unexpected results of acquisitions, which may include failure to realize the anticipated benefits of the acquisitions and the possibility that transaction costs may be greater than anticipated; (x) the loss of key executives and employees, talent shortages, and employee turnover; (xi) changes in consumer spending; (xii) unexpected outcomes and costs of existing or new litigation or other legal proceedings and regulatory actions involving the Company; (xiii) the economic impact on the Company and its customers of climate change, natural disasters, and exceptional weather occurrences such as tornadoes, floods, and blizzards; (xiv) fluctuations in the value of securities held in the Company's securities portfolio, including as a result of changes in interest rates; (xv) credit risk and risks from concentrations (by type of borrower, geographic area, collateral, and industry) within the loan portfolio and large loans to certain borrowers (including CRE loans); (xvi) the overall health of the local and national real estate market; (xvii) the ability to maintain an adequate level of allowance for credit losses on loans; (xviii) the concentration of large deposits from certain clients who have balances above current FDIC insurance limits and who may withdraw deposits to diversify their exposure; (xix) the ability to successfully manage liquidity risk, which may increase dependence on non-core funding sources such as brokered deposits and may negatively impact the Company's cost of funds; (xx) the level of non-performing assets on the Company's balance sheets; (xxi) interruptions involving information technology and communications systems or third-party servicers; (xxii) the occurrence of fraudulent activity, breaches or failures of third-party vendors' information security controls, or cybersecurity-related incidents, including as a result of sophisticated attacks using artificial intelligence and similar tools or as a result of insider fraud; (xxiii) changes in the interest rates and repayment rates of the Company's assets; (xxiv) the effectiveness of the Company's risk management framework; and (xxv) the ability of the Company to manage the risks associated with the foregoing as well as anticipated. These risks and uncertainties should be considered in evaluating forward-looking statements, and undue reliance should not be placed on such statements.

For more information: Patrick Hunt, SEVP / CFO, 708-364-9019, phunt@emarquettebank.com.