MBT Financial (MBTF) Declares $0.06 Quarterly Dividend; 2.2% Yield
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MBT Financial Corp. Announces Third Quarter 2017 Earnings and Quarterly Dividend
October 26, 2017 5:00 PM EDTMONROE, Mich., Oct. 26, 2017 (GLOBE NEWSWIRE) -- MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $3,933,000 ($0.17 per share, basic and diluted), in the third quarter of 2017, compared to a profit of $3,687,000 ($0.16 per share, basic and diluted), in the third quarter of 2016. The profit for the nine months ended September 30, 2017 is $10,753,000, compared to $10,923,000 for the first nine months of 2016. When adjusting for non-recurring items such as negative loan loss provisions, gains and losses on Other Real Estate transactions, securities gains, and an adjustment to the... More
