Level One Bancorp Announces Quarterly Common Stock Cash Dividend

Rhea-AI Summary

Level One Bancorp, Inc. (Nasdaq: LEVL) declared a quarterly cash dividend of $0.06 per share, payable on January 15, 2022, to shareholders of record on December 31, 2021. The company, headquartered in Michigan, reported assets of approximately $2.54 billion as of September 30, 2021, and operates sixteen banking centers throughout Southeast and West Michigan. This dividend announcement reflects the company's commitment to returning income to its shareholders.

Positive

• Declared quarterly cash dividend of $0.06 per share.
• Assets of approximately $2.54 billion indicate strong financial health.
• Continued operation of sixteen banking centers supports market presence.

Negative

• None.

FARMINGTON HILLS, Mich., Dec. 15, 2021 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. (“Level One”) (Nasdaq: LEVL) announced that the Board of Directors of Level One had declared a quarterly cash dividend on its common stock of $0.06 per share payable on January 15, 2022, to shareholders of record on December 31, 2021.

Level One Bancorp, Inc. is the holding company for Level One Bank, a full-service commercial and consumer bank headquartered in Michigan with assets of approximately $2.54 billion as of September 30, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com.

FAQ

What is the dividend amount for Level One Bancorp in 2022?

Level One Bancorp declared a quarterly cash dividend of $0.06 per share.

When will the dividend for Level One Bancorp be paid?

The dividend will be payable on January 15, 2022.

What is the record date for Level One Bancorp's dividend?

The record date for the dividend is December 31, 2021.

How much are Level One Bancorp's total assets?

As of September 30, 2021, Level One Bancorp reported assets of approximately $2.54 billion.

Where is Level One Bank located?

Level One Bank is headquartered in Michigan and has sixteen banking centers in Southeast and West Michigan.