MBT Financial (MBTF) Reports In-Line Q3 EPS

MBT Financial (NASDAQ: MBTF) reported Q3 EPS of $0.21, in-line with the analyst estimate of $0.21.

H. Douglas Chaffin, President and CEO, commented, “We are pleased with our results for this quarter, as our loan growth reflected our service to our customers in Southeast Michigan and Northwest Ohio, and our earnings improvement provides value to our shareholders. On October 10, 2018, we announced that we signed a definitive agreement to merge with First Merchants Corporation (NASDAQ: FRME), headquartered in Muncie, Indiana. This merger will provide tremendous benefits to our customers, shareholders and communities, and we look forward to continuing the legacy of exceptional customer service, local responsiveness, and strong community engagement that has defined Monroe Bank and Trust for 160 years.”

For earnings history and earnings-related data on MBT Financial (MBTF) click here.

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