MBT Financial Corp. (NASDAQ:MBTF) EVP Thomas G. Myers sold 5,000 shares of MBT Financial stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $10.66, for a total value of $53,300.00. Following the transaction, the executive vice president now owns 103,878 shares of the company’s stock, valued at approximately $1,107,339.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
MBT Financial Corp. (NASDAQ:MBTF) traded down $0.20 during trading on Friday, reaching $10.40. The company had a trading volume of 16,535 shares, compared to its average volume of 21,501. MBT Financial Corp. 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 $242.51, a PE ratio of 16.83 and a beta of 0.09.
MBT Financial (NASDAQ:MBTF) last posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported $0.17 EPS for the quarter, topping analysts’ consensus estimates 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Thursday, November 9th were issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 2.31%. The ex-dividend date was Wednesday, November 8th. MBT Financial’s dividend payout ratio is presently 38.10%.
Several large investors have recently modified their holdings of the company. Rhumbline Advisers boosted its holdings in shares of MBT Financial by 1.4% during the second quarter. Rhumbline Advisers now owns 19,340 shares of the financial services provider’s stock worth $188,000 after acquiring an additional 260 shares during the period. Bank of New York Mellon Corp boosted its holdings in shares of MBT Financial by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 98,490 shares of the financial services provider’s stock worth $956,000 after acquiring an additional 649 shares during the period. BNP Paribas Arbitrage SA boosted its holdings in shares of MBT Financial by 15.6% during the second quarter. BNP Paribas Arbitrage SA now owns 12,734 shares of the financial services provider’s stock worth $124,000 after acquiring an additional 1,721 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of MBT Financial by 30.2% during the second quarter. The Manufacturers Life Insurance Company now owns 18,759 shares of the financial services provider’s stock worth $182,000 after acquiring an additional 4,347 shares during the period. Finally, OxFORD Asset Management LLP boosted its holdings in shares of MBT Financial by 35.0% during the second quarter. OxFORD Asset Management LLP now owns 18,334 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 4,758 shares during the period. Institutional investors own 49.13% of the company’s stock.
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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.
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