MB Financial (MBFI) Releases Earnings Results, Misses Expectations By $0.15 EPS

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MB Financial (NASDAQ:MBFI) issued its quarterly earnings results on Tuesday. The bank reported $0.60 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.15), MarketWatch Earnings reports. MB Financial had a net margin of 27.78% and a return on equity of 7.92%. During the same period in the prior year, the business earned $0.72 earnings per share.

NASDAQ:MBFI opened at $41.99 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.88 and a current ratio of 0.91. The stock has a market capitalization of $3.67 billion, a P/E ratio of 17.57, a P/E/G ratio of 1.45 and a beta of 1.03. MB Financial has a 52-week low of $39.15 and a 52-week high of $51.59.

The business also recently announced a quarterly dividend, which was paid on Friday, September 28th. Investors of record on Friday, September 14th were given a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date was Thursday, September 13th. MB Financial’s dividend payout ratio is currently 40.17%.

In related news, VP Jill E. York sold 5,000 shares of MB Financial stock in a transaction dated Friday, September 7th. The stock was sold at an average price of $48.75, for a total value of $243,750.00. Following the sale, the vice president now owns 62,691 shares of the company’s stock, valued at $3,056,186.25. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.69% of the stock is currently owned by insiders.

A number of analysts have recently commented on the company. BidaskClub upgraded MB Financial from a “strong sell” rating to a “sell” rating in a report on Friday, October 5th. Zacks Investment Research upgraded MB Financial from a “hold” rating to a “buy” rating and set a $53.00 price target on the stock in a report on Thursday, September 20th. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. MB Financial has an average rating of “Hold” and a consensus target price of $48.31.

About MB Financial

MB Financial, Inc operates as a bank holding company for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals in the United States. The company operates through three segments: Banking, Leasing, and Mortgage Banking. The Banking segment offers commercial banking products, including working capital loans and lines of credit; accounts receivable financing; inventory and equipment financing; industrial revenue bond financing; ESOP financing; business acquisition loans; owner occupied real estate loans; asset-based loans; and financial, performance, and commercial letters of credit.

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Earnings History for MB Financial (NASDAQ:MBFI)

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