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Marquette Financial Companies · Minneapolis, MN United States

Company Description

60 S. 6th St. Ste. 3800
Minneapolis, MN
55402
United States (Map)
Phone: 612-661-3880
Fax: 612-661-3975
    Business owners turn to Marquette Financial Companies to finance their companies. Marquette Financial comprises about 15 subsidiaries that provide financial services such as commercial banking, consumer and commercial finance, residential construction lending, and commercial real estate financing to businesses and their owners. Its family of companies includes Meridian Bank, which operates about 10 branches in Arizona; commercial real estate investment bank NorthMarq Capital; and Marquette Asset Management, a wealth management and trust services provider. To read the full description, subscribe now.
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    Key Marquette Financial Companies Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$259.2
    Employees990

    Marquette Financial Companies Executives

    27 executives listed for Marquette Financial Companies's Minneapolis, MN location.
    TitleName & BioContact
    Chairman and PresidentCarl PohladNetwork
    EVP and COOAlbert ColianniNetwork
    SVP and CFOJann WilcoxNetwork

    Competition

    Competitive Landscape for Marquette Financial Companies
    Demand for banking services is closely tied to economic activity and the level of interest rates. The profitability of individual banks depends on marketing skills, efficient operations, and good risk management. Large economies of scale exist in some segments of the industry, which has encouraged industry consolidation. Smaller banks can compete successfully in segments where customer service or knowledge of the local market is more important. The industry is capital-intensive and highly automated: annual revenue per employee is close to $300,000. Many banks and thrifts aggressively offered adjustable rate and subprime mortgages during the housing boom of the early 2000s only to find themselves saddled with loan defaults and extensive losses when the housing bubble burst. Deep exposure to subprime mortgages and mortgage-backed securities caused bank failures, government takeovers, and involuntary mergers. To read the full description, subscribe now.
    Top Marquette Financial Companies Competitors
    Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!