MBT Financial Corp. (MBTF) Director Debra Jean Shah Purchased 11,489 Shares of Shares

MBT Financial Corp. (MBTF) Director Debra Jean Shah Purchased 11,489 Shares of Shares

MBT Financial Corp. (NASDAQ:MBTF) Director Debra Jean Shah bought 11,489 shares of MBT Financial Corp. stock in a transaction that occurred on Friday, May 26th. The stock was bought at an average price of $10.30 per share, with a total value of $118,336.70. Following the purchase, the director now owns 119,511 shares of the company’s stock, valued at approximately $1,230,963.30. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

MBT Financial Corp. (NASDAQ:MBTF) traded down 1.46% during midday trading on Wednesday, hitting $10.15. 18,485 shares of the company traded hands. MBT Financial Corp. has a 12-month low of $6.96 and a 12-month high of $12.25. The company has a market capitalization of $232.08 million, a price-to-earnings ratio of 15.86 and a beta of 0.58. The stock’s 50-day moving average price is $11.03 and its 200 day moving average price is $10.84.

MBT Financial Corp. (NASDAQ:MBTF) last announced its earnings results on Thursday, April 27th. The financial services provider reported $0.14 EPS for the quarter, hitting the consensus estimate of $0.14. The business had revenue of $13.42 million during the quarter. MBT Financial Corp. had a net margin of 25.27% and a return on equity of 10.00%. On average, equities analysts forecast that MBT Financial Corp. will post $0.60 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, May 18th. Investors of record on Thursday, May 11th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.97%. The ex-dividend date of this dividend was Tuesday, May 9th. MBT Financial Corp.’s payout ratio is 31.75%.

Separately, Sandler O’Neill cut shares of MBT Financial Corp. from a “buy” rating to a “hold” rating and set a $12.00 target price for the company. in a research note on Monday, February 6th.

MBT Financial Corp. Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:MBTF”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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