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Earnings & Results

Marquette National Reports $10.4 Million Net Income as Assets Fall $120 Million

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Key takeaways

  • Marquette National Corporation reported year-to-date net income of $10.4 million, up $91,000 from the first nine months of 2025.
  • Net interest income rose $6.5 million while the provision for credit losses fell $526,000.
  • Total assets declined $120 million to $2.105 billion and total deposits fell $51.9 million to $1.722 billion.

Marquette National Corporation reported year-to-date net income of $10.4 million for the first nine months of 2026, up $91,000 from the same period in 2025, GlobeNewswire said on October 30, 2026. Earnings per share were $2.38, compared with $2.37 a year earlier.

Marquette National's Third Quarter Balance Sheet

Marquette National Corporation is the holding company for Marquette Bank, a Chicago-area community bank founded in 1945 that operates 20 branches serving individuals, small businesses and homebuyers, according to company records.

At September 30, 2026, total assets were $2.105 billion, a decrease of $120 million from $2.225 billion at December 31, 2025. Total loans fell $12.6 million to $1.40 billion from $1.412 billion at the end of 2025, and total deposits decreased $51.9 million to $1.722 billion from $1.774 billion.

Paul M. McCarthy, Chairman and CEO, said, "the $91,000 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 $6.5 million, increased other income of $605,000 and lower provision for credit losses of $526,000." McCarthy said those improvements were partly offset by decreased realized and unrealized net gains on marketable equity securities of $5.1 million and increased expenses of $2.5 million.

Marquette Bank's Asset and Earnings Trend

Company records show Marquette Bank's total assets at $2.19 billion as of March 31, 2026, down $35.1 million from year-end 2025, according to akta.pro company records. The same records list net income of $13.2 million for the year ended December 31, 2025, down 23% from $17.1 million in 2024, and a first-quarter 2026 net loss of $2.86 million, narrowed by 3% from a $2.95 million loss in the first quarter of 2025.

How Peer Banks Compare

Lake City Bank was expected to report third-quarter earnings on October 26, 2026, with revenue forecast to grow 4.9% year on year, TradingView reported on October 25, 2026. Amalgamated Financial was expected to report on October 22, 2026, with analysts projecting revenue growth of 12.8%, TradingView reported on October 21, 2026. Wintrust Financial was expected to report after market close on October 19, 2026, with analysts forecasting revenue growth of 8.3%, TradingView reported on October 18, 2026.

BayFirst's Third Quarter Call

BayFirst Financial Corp. reported a third-quarter 2026 net loss of $0.7 million, down from $32.7 million in the second quarter of 2026, and said it would hold a conference call on October 30, 2026, The future of trading reported on October 29, 2026.

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