M B T Financial Corp (NASDAQ:MBTF) Director Joseph S. Daly bought 15,000 shares of the company’s stock in a transaction on Friday, November 3rd. The shares were purchased at an average cost of $10.48 per share, for a total transaction of $157,200.00. Following the transaction, the director now owns 170,662 shares in the company, valued at $1,788,537.76. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

M B T Financial Corp (NASDAQ MBTF) opened at $10.80 on Tuesday. M B T Financial Corp has a 1 year low of $8.20 and a 1 year high of $12.25. The company has a market cap of $241.34, a P/E ratio of 16.75 and a beta of 0.10.

M B T Financial Corp (NASDAQ:MBTF) last posted its earnings results on Thursday, October 26th. The financial services provider reported $0.17 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.02. M B T Financial Corp had a net margin of 25.12% and a return on equity of 10.62%. The firm had revenue of $14.27 million for the quarter.

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Stockholders of record on Thursday, November 9th will be paid a dividend of $0.06 per share. The ex-dividend date is Wednesday, November 8th. This represents a $0.24 annualized dividend and a dividend yield of 2.22%. M B T Financial Corp’s payout ratio is currently 38.10%.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Watch List News and is the sole property of of Watch List News. If you are viewing this article on another domain, it was stolen and reposted in violation of international copyright and trademark laws. The original version of this article can be accessed at https://www.watchlistnews.com/m-b-t-financial-corp-mbtf-director-joseph-s-daly-acquires-15000-shares-of-stock/1684704.html.

Hedge funds have recently modified their holdings of the company. LSV Asset Management increased its stake in shares of M B T Financial Corp by 117.7% during the 2nd quarter. LSV Asset Management now owns 306,443 shares of the financial services provider’s stock worth $2,972,000 after purchasing an additional 165,694 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of M B T Financial Corp by 15.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 12,734 shares of the financial services provider’s stock worth $124,000 after purchasing an additional 1,721 shares during the last quarter. Menta Capital LLC increased its stake in shares of M B T Financial Corp by 104.4% during the 2nd quarter. Menta Capital LLC now owns 33,178 shares of the financial services provider’s stock worth $322,000 after purchasing an additional 16,948 shares during the last quarter. PDT Partners LLC purchased a new stake in shares of M B T Financial Corp during the 2nd quarter worth approximately $165,000. Finally, OxFORD Asset Management LLP increased its stake in shares of M B T Financial Corp by 35.0% during the 2nd quarter. OxFORD Asset Management LLP now owns 18,334 shares of the financial services provider’s stock worth $178,000 after purchasing an additional 4,758 shares during the last quarter. Institutional investors own 48.70% of the company’s stock.

About M B T Financial Corp

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 M B T Financial Corp (NASDAQ:MBTF)

Receive News & Ratings for M B T Financial Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for M B T Financial Corp and related companies with Analyst Ratings Network's FREE daily email newsletter.