Emerald Mutual Fund Advisers Trust bought a new stake in Porter Bancorp, Inc. (NASDAQ:PBIB) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 31,217 shares of the financial services provider’s stock, valued at approximately $356,000. Emerald Mutual Fund Advisers Trust owned approximately 0.50% of Porter Bancorp as of its most recent filing with the Securities & Exchange Commission.
Separately, Susquehanna International Group LLP grew its stake in shares of Porter Bancorp by 17.9% in the second quarter. Susquehanna International Group LLP now owns 15,215 shares of the financial services provider’s stock valued at $156,000 after buying an additional 2,313 shares in the last quarter. Institutional investors own 17.89% of the company’s stock.
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Shares of Porter Bancorp, Inc. (NASDAQ PBIB) opened at $13.35 on Friday. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.81 and a current ratio of 0.81. Porter Bancorp, Inc. has a 12 month low of $8.11 and a 12 month high of $13.75.
Porter Bancorp (NASDAQ:PBIB) last posted its earnings results on Wednesday, October 25th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter. Porter Bancorp had a negative return on equity of 4.58% and a negative net margin of 3.65%. The business had revenue of $8.97 million during the quarter.
Porter Bancorp Company Profile
Porter Bancorp, Inc is a bank holding company. The Company operates through its subsidiary, PBI Bank (the Bank). The Bank is a community bank with a range of commercial and personal banking products. It offers retail and commercial deposit products. It offers drive-in banking facilities, automatic teller machines, night depository, personalized checks, credit cards, debit cards, Internet banking, mobile banking, treasury management services, remote deposit services, electronic funds transfers through automated clearing house services, domestic and foreign wire transfers, cash management, vault services, and loan and deposit sweep accounts.
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