Marquette Financial Companies · Minneapolis, MN United States
Company Description
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This link will open in a new window 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 Type | Private Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $259.2 |
| Employees | 990 |
Marquette Financial Companies Executives
27 executives listed for Marquette Financial Companies's Minneapolis, MN location.
| Title | Name & Bio | Contact |
| Chairman and President | Carl Pohlad | Network |
| EVP and COO | Albert Colianni | Network |
| SVP and CFO | Jann Wilcox | Network |
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
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