Merchants Bancshares (MBVT) Declares $0.28 Quarterly Dividend; 3.5% Yield
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Merchants Bancshares, Inc. Reports Second Quarter EPS of $0.63; Declares Dividend
July 21, 2016 4:01 PM EDTSOUTH BURLINGTON, Vt., July 21, 2016 /PRNewswire/ -- Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $4.4 million and $0.63 per diluted share for the second quarter of 2016 compared to net income of $3.5 million or $0.50 per diluted share in the first quarter of 2016 and $3.1 million in net income or $0.49 per diluted share in the second quarter of 2015.
For the six months ended June 30, 2016, net income was $7.9 million, or $1.14 per diluted share, compared to net income of $6.5 million, or $1.02 per diluted share, for the same period in 2015.
The return on average... More
Merchants Bancshares, Inc. Reports Second Quarter EPS of $0.63; Declares Dividend
July 21, 2016 4:01 PM EDTSOUTH BURLINGTON, Vt., July 21, 2016 /PRNewswire/ -- Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $4.4 million and $0.63 per diluted share for the second quarter of 2016 compared to net income of $3.5 million or $0.50 per diluted share in the first quarter of 2016 and $3.1 million in net income or $0.49 per diluted share in the second quarter of 2015.
For the six months ended June 30, 2016, net income was $7.9 million, or $1.14 per diluted share, compared to net income of $6.5 million, or $1.02 per diluted share, for the same period in 2015.
The return on average... More
