MBT Financial (MBTF) Declares $0.04 Quarterly Dividend; 1.7% Yield

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Go back to MBT Financial (MBTF) Declares $0.04 Quarterly Dividend; 1.7% Yield

MBT Financial Corp. Announces Third Quarter 2016 Profit and Dividend

October 27, 2016 5:00 PM EDT

MONROE, Mich., Oct. 27, 2016 (GLOBE NEWSWIRE) -- MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $3,687,000 ($0.16 per share, basic and diluted), in the third quarter of 2016, compared to a profit of $3,006,000 ($0.13 per share, basic and diluted), in the third quarter of 2015. Year to date profit is $10,923,000 ($0.48 per share, basic and diluted) compared to $8,068,000 ($0.35 per share, basic and diluted) in the first three quarters of 2015.

The Company also announced that it will pay a dividend of $0.04 per share on November 17,... More