MBT Financial (MBTF) Earning Positive Press Coverage, Report Shows

Headlines about MBT Financial (NASDAQ:MBTF) have been trending positive on Monday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. MBT Financial earned a media sentiment score of 0.28 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 45.2658550057696 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Shares of MBT Financial (NASDAQ MBTF) traded up $0.05 during mid-day trading on Monday, reaching $10.95. The company had a trading volume of 16,700 shares, compared to its average volume of 37,750. MBT Financial has a fifty-two week low of $9.25 and a fifty-two week high of $12.25. The company has a market capitalization of $250.52, a PE ratio of 17.38 and a beta of 0.09.

MBT Financial (NASDAQ:MBTF) last announced its earnings results on Thursday, October 26th. The financial services provider reported $0.17 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.15 by $0.02. MBT Financial had a return on equity of 10.60% and a net margin of 25.12%. The business had revenue of $14.27 million during the quarter.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Thursday, November 9th were given a $0.06 dividend. The ex-dividend date was Wednesday, November 8th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.19%. MBT Financial’s dividend payout ratio (DPR) is 38.10%.

In related news, Director Joseph S. Daly purchased 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 9th. The stock was acquired at an average price of $10.31 per share, for a total transaction of $103,100.00. Following the transaction, the director now directly owns 175,707 shares of the company’s stock, valued at approximately $1,811,539.17. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph S. Daly purchased 15,000 shares of the firm’s stock in a transaction that occurred on Friday, November 3rd. The stock was bought at an average price of $10.48 per share, with a total value of $157,200.00. Following the transaction, the director now directly owns 170,662 shares in the company, valued at $1,788,537.76. The disclosure for this purchase can be found here. Insiders purchased a total of 25,405 shares of company stock valued at $264,532 in the last quarter. 22.80% of the stock is currently owned by corporate insiders.

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About MBT Financial

MBT Financial Corp. is a bank holding company for Monroe Bank & Trust (the Bank). Monroe Bank & Trust provides customary retail and commercial banking and trust services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, individual retirement accounts (IRAs), automated teller machine (ATM) and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit and investment management services.

Insider Buying and Selling by Quarter for MBT Financial (NASDAQ:MBTF)

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