Level One Bancorp Announces First Quarter Cash Dividend

3/16/22 3:57:47 PM ET

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FARMINGTON HILLS, Mich., March 16, 2022 (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 $0.07 per share payable on April 15, 2022, to shareholders of record on March 31, 2022.

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 $2.52 billion as of December 31, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com.

For further information:

Media Contact:
Nicole Ransom
(248) 538-2183

Investor Relations Contact:
Peter Root
(248) 538-2186

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Recent Analyst Ratings for
$LEVL

Date	Price Target	Rating	Analyst
11/5/2021		Strong Buy → Outperform	Raymond James
11/5/2021	$37.00 → $44.00	Strong Buy → Outperform	Raymond James
11/1/2021	$35.00 → $37.00	Strong Buy	Raymond James

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First Merchants Corp. Completes Legal Closing of Level One Bancorp Merger
MUNCIE, Ind., April 01, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ:FRME) and Level One Bancorp, LLC (NASDAQ:LEVL) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a cash/stock transaction effective April 1, 2022. As previously announced in late 2021, Level One Bank will also merge with and into First Merchants Bank. Headquartered in Farmington Hills, Michigan, LEVL operated 17 banking center locations in the Michigan area, all of which will remain part of the First Merchants franchise. Since its founding in 2007, Level One Bank grew into one of the largest community banks in the
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Level One Bancorp Announces First Quarter Cash Dividend
FARMINGTON HILLS, Mich., March 16, 2022 (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 $0.07 per share payable on April 15, 2022, to shareholders of record on March 31, 2022. 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 $2.52 billion as of December 31, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com. For further information: Media Co
3/16/22 3:57:47 PM ET
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Level One Bancorp, Inc. reports fourth quarter 2021 net income of $7.1 million, representing $0.85 diluted earnings per common share
FARMINGTON HILLS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. ("Level One") (NASDAQ:LEVL) today reported its financial results for the fourth quarter of 2021, which included net income of $7.1 million, or $0.85 diluted earnings per common share. This compares to net income of $8.4 million, or $1.02 diluted earnings per common share, in the fourth quarter of 2020. Patrick J. Fehring, Chief Executive Officer of Level One, commented, "We closed out 2021 with solid fourth quarter earnings of $7.1 million while generating record net income for 2021 of $32.5 million, a 59.10% increase over 2020 net income. During 2021 we provided over $234.3 million through the SBA Paycheck
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First Merchants Corp. Completes Legal Closing of Level One Bancorp Merger
MUNCIE, Ind., April 01, 2022 (GLOBE NEWSWIRE) -- First Merchants Corporation (NASDAQ:FRME) and Level One Bancorp, LLC (NASDAQ:LEVL) have finalized a merger of the two companies. Following regulatory approvals last month, the companies consummated their legal closing through a cash/stock transaction effective April 1, 2022. As previously announced in late 2021, Level One Bank will also merge with and into First Merchants Bank. Headquartered in Farmington Hills, Michigan, LEVL operated 17 banking center locations in the Michigan area, all of which will remain part of the First Merchants franchise. Since its founding in 2007, Level One Bank grew into one of the largest community banks in the
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Level One Bancorp Announces First Quarter Cash Dividend
FARMINGTON HILLS, Mich., March 16, 2022 (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 $0.07 per share payable on April 15, 2022, to shareholders of record on March 31, 2022. 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 $2.52 billion as of December 31, 2021. The Company operates sixteen banking centers throughout Southeast Michigan and West Michigan. For more information, visit www.levelonebank.com. For further information: Media Co
3/16/22 3:57:47 PM ET
$LEVL
Level One Bancorp, Inc. reports fourth quarter 2021 net income of $7.1 million, representing $0.85 diluted earnings per common share
FARMINGTON HILLS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. ("Level One") (NASDAQ:LEVL) today reported its financial results for the fourth quarter of 2021, which included net income of $7.1 million, or $0.85 diluted earnings per common share. This compares to net income of $8.4 million, or $1.02 diluted earnings per common share, in the fourth quarter of 2020. Patrick J. Fehring, Chief Executive Officer of Level One, commented, "We closed out 2021 with solid fourth quarter earnings of $7.1 million while generating record net income for 2021 of $32.5 million, a 59.10% increase over 2020 net income. During 2021 we provided over $234.3 million through the SBA Paycheck
1/28/22 4:15:00 PM ET
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Level One Bancorp Announces First Quarter Cash Dividend

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