MBT Financial (MBTF) Earning Somewhat Positive Media Coverage, Analysis Finds

Media coverage about MBT Financial (NASDAQ:MBTF) has trended somewhat positive on Sunday, according to Accern Sentiment. Accern scores the sentiment of news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. MBT Financial earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news coverage about the financial services provider an impact score of 41.637548676942 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of MBT Financial (MBTF) opened at $10.55 on Friday. The stock has a market cap of $245.95, a PE ratio of 16.75 and a beta of 0.09. MBT Financial has a 1 year low of $9.25 and a 1 year high of $12.10.

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

In other news, Director Joseph S. Daly purchased 10,000 shares of the business’s stock in a transaction that occurred on Thursday, November 9th. The shares were bought at an average cost of $10.31 per share, for a total transaction of $103,100.00. Following the acquisition, the director now owns 175,707 shares of the company’s stock, valued at approximately $1,811,539.17. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph S. Daly bought 15,000 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was bought at an average price of $10.48 per share, for a total transaction of $157,200.00. Following the completion of the purchase, 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 have purchased a total of 25,405 shares of company stock worth $264,532 over the last quarter. 22.80% of the stock is currently owned by insiders.

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MBT Financial 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.

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

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