MB Financial (MBFI) Declares $0.17 Quarterly Dividend; 2.1% Yield

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MB Financial, Inc. Approves Dividends on its Common Stock and on its Series A Preferred Stock

August 28, 2015 8:26 PM EDT

CHICAGO--(BUSINESS WIRE)-- MB Financial, Inc. (the Company), (Nasdaq: MBFI) announced today that its Board of Directors has declared a cash dividend of $0.17 per share, payable on September 30, 2015 to holders of record of the Companys common stock as of September 15, 2015.

The Board of Directors also declared a quarterly cash dividend of... More

MB Financial Bank Completes Acquisition of JPMorgan Chase Illinois Court-Appointed Guardianship and Special Needs Trust Business

August 27, 2015 4:30 PM EDT

CHICAGO--(BUSINESS WIRE)-- MB Financial Bank recently completed its acquisition of the Illinois court-appointed guardianship and special needs trust business of JPMorgan Chase, according to Mitchell Feiger, president and CEO of MB Financial, Inc. (NASDAQ: MBFI), parent of MB Financial Bank, N.A. Terms of the deal were not announced. The acquisition added approximately $200 million of assets under management to MB Financial Banks existing guardianship business. Approximately five years ago, MB... More