Latest M B T Financial Corp (MBTF) Headlines MB
Post# of 17
MBT Financial Corp. Announces Record Date for Its Rights Offering
GlobeNewswire - Wed Mar 05, 3:44PM CST
As previously announced MBT Financial Corp. (the "Company") (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, intends to conduct a rights offering to existing shareholders for the purchase of up to 1,411,765 shares of its common stock at $4.25 per share in a $6 million rights offering. The Company announced it has set March 7, 2014 as the record date for its previously disclosed proposed rights offering of common stock. All record shareholders of the Company's common stock will receive, at no charge, one subscription right for each share of common stock held as of 5:00 pm, Eastern Time, on the record date. Each subscription right will entitle the holder of the right to purchase .0664 share for each share of common stock held. Upon commencement of the planned rights offering, the Company will distribute non-transferable subscription rights to purchase shares of its common stock to each eligible holder of its common stock as of the close of business on March 7, 2014.
Nasdaq stocks posting largest volume increases
AP - Wed Feb 12, 5:04PM CST
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
MBT Financial Up 26.4% Since SmarTrend Uptrend Call (MBTF)
Comtex SmarTrend(R) - Thu Feb 06, 9:15AM CST
SmarTrend identified an Uptrend for MBT Financial (NASDAQ:MBTF) on December 30th, 2013 at $4.16. In approximately 1 month, MBT Financial has returned 26.35% as of today's recent price of $5.25.
MBT Financial Corp. Announces Fourth Quarter and Full Year 2013 Profit
GlobeNewswire - Thu Jan 30, 4:03PM CST
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a pre-tax profit of $2,322,000 for the fourth quarter of 2013, compared to pre-tax profit for the fourth quarter of 2012 of $618,000. Pre-tax profit for the full year 2013 was $7,424,000, compared to the pre-tax profit of $5,042,000 for the full year 2012. Net profit for the fourth quarter totaled $1,640,000 ($0.09 per share, basic and diluted), compared to a net profit of $5,687,000 ($0.33 per share, basic and diluted) for the fourth quarter of 2012. Net profit for the year ended December 31, 2013 was $25,537,000, ($1.43 per share basic and $1.41 per share diluted), compared to $8,545,000, or $0.49 per share (basic and diluted) for the year ended December 31, 2012. The Company reversed $5.0 million of the valuation allowance on its deferred tax asset in the fourth quarter of 2012 and the remaining $18.8 million of the valuation allowance was eliminated in the third quarter of 2013.
MBT Financial Has Returned 35.7% Since SmarTrend Recommendation (MBTF)
Comtex SmarTrend(R) - Wed Jan 29, 4:55PM CST
SmarTrend identified an Uptrend for MBT Financial (NASDAQ:MBTF) on December 30th, 2013 at $4.16. In approximately 1 month, MBT Financial has returned 35.74% as of today's recent price of $5.64.
MBT Financial Corp. Announces Fourth Quarter 2013 Earnings Release and Conference Call
GlobeNewswire - Wed Jan 08, 10:02AM CST
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its fourth quarter 2013 results after the close of the market on Thursday, January 30, 2014. The earnings report will be available on the company's website, www.mbandt.com. The company will also host an investor conference call to review the results on Friday, January 31, 2014 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (888) 317-6016 at least five minutes prior to the call. The toll free number for callers from Canada is (855) 669-9657 and the international number is (412) 317-6016.
MBT Financial Corp. Announces Completion of Private Placement
GlobeNewswire - Mon Dec 23, 4:03PM CST
MBT Financial Corp., (Nasdaq:MBTF), (the "Company"), announced today that it entered into securities purchase agreements to sell $14 million of common stock through the issuance of 3,294,118 shares, at a price of $4.25 per share, to two institutional investors. Castle Creek Capital Partners IV, LP ("Castle Creek") and Patriot Financial Partners II, L.P. (together with Patriot Financial Partners Parallel II, L.P., "Patriot"), each agreed to invest $7.00 million in the Company in exchange for 1,647,059 newly issued shares of the Company's common stock in a private placement transaction, under separate securities purchase agreements.
MBT Financial Corp.Corporate Event Announcement Notice
Wall Street Horizon - Thu Dec 19, 7:59PM CST
A British Columbia Securities Commission panel has ruled that the commission has jurisdiction to hear allegations made in a notice of hearing against a Swiss national alleged to have instructed and paid a BC man to tout shares of a company quoted on the Over-the-Counter Bulletin Board (OTCBB) in the United States.
MBT Financial Corp. Announces Third Quarter 2013 Profit and Reversal of Deferred Tax Asset Valuation Allowance
GlobeNewswire - Tue Oct 29, 4:05PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a net profit of $21,287,000 ($1.19 per share, basic and $1.17 per share diluted), in the third quarter of 2013, compared to a profit of $1,388,000, or $0.08 per share (basic and diluted) in the third quarter of 2012. Profit for the quarter ended September 30, 2013 was significantly impacted by the Company's elimination of the valuation allowance on its deferred tax asset. Pre tax income for the quarter was $2,492,000, ($0.14 per share basic and $0.13 per share diluted) compared to $1,405,000 in the third quarter of 2012. Net profit for the nine months ended September 30, 2013 was $23,897,000, ($1.34 per share basic and $1.33 per share diluted), compared to $2,858,000, or $0.16 per share (basic and diluted) for the first nine months of 2012.
MBT Financial Corp. Announces Rights Offering to Existing Shareholders
GlobeNewswire - Fri Oct 25, 12:20PM CDT
MBT Financial Corp. (the "Company") (Nasdaq:MBTF), the holding company for Monroe Bank & Trust, announced today that it intends to conduct an offering of up to $20 million of its common stock, no par value per share. The Company has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the "SEC") to register the yet-to-be-determined number of shares of common stock, which registration statement has not yet become effective. The proceeds from the offering will be used principally to provide additional capital to Monroe Bank & Trust.
MBT Financial Corp. Announces Third Quarter 2013 Earnings Release and Conference Call
GlobeNewswire - Tue Oct 08, 4:49PM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its third quarter 2013 results after the close of the market on Tuesday, October 29, 2013. The earnings report will be available on the company's website, www.mbandt.com. The company will also host an investor conference call to review the results on Wednesday, October 30, 2013 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (888) 317-6016 at least five minutes prior to the call. The toll free number for callers from Canada is (855) 669-9657 and the international number is (412) 317-6016.
MBT Financial Corp. Announces Second Quarter 2013 Profit
GlobeNewswire - Thu Jul 25, 4:00PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a net profit of $1,496,000, or $0.08 per share (basic and diluted), in the second quarter of 2013, compared to the profit of $253,000, or $0.01 per share (basic and diluted) in the second quarter of 2012. Net profit for the six months ended June 30, 2013 was $2,610,000, or $0.15 per share (basic and diluted), compared to $1,470,000, or $0.08 per share (basic and diluted) for the first six months of 2012.
MBT Financial Corp. Announces Second Quarter 2013 Earnings Release and Conference Call
GlobeNewswire - Tue Jun 25, 9:35AM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its second quarter 2013 results after the close of the market on Thursday, July 25, 2013. The earnings report will be available on the company's website, www.mbandt.com. The company will also host an investor conference call to review the results on Friday, July 26, 2013 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (888) 317-6016 at least five minutes prior to the call. The toll free number for callers from Canada is (855) 669-9657 and the international number is (412) 317-6016.
MBT Financial Corp. Announces First Quarter 2013 Profit
GlobeNewswire - Thu Apr 25, 4:00PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a net profit of $1,114,000, or $0.06 per share (basic and diluted), in the first quarter of 2013, compared to the profit of $1,217,000, or $0.07 per share (basic and diluted) in the first quarter of 2012. Excluding gains on sales of investment securities, the net profit increased from $117,000 last year to $1,104,000 this year. This is the seventh consecutive quarterly profit for the company.
MBT Financial Corp. Announces First Quarter 2013 Earnings Release and Conference Call
GlobeNewswire - Thu Mar 28, 6:51AM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its first quarter 2013 results after the close of the market on Thursday, April 25, 2013. The earnings report will be available on the company's website, www.mbandt.com. The company will also host an investor conference call to review the results on Friday, April 26, 2013 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (888) 317-6016 at least five minutes prior to the call. The toll free number for callers from Canada is (855) 669-9657 and the international number is (412) 317-6016. The call will also be web cast on the company's website, www.mbandt.com. To access the web cast from the MBT home page select "Investor Relations" and "Corporate Profile" for the link to the web cast. A replay will also be available one hour after the conclusion of the call at (877) 344-7529, Conference #10026855. The replay is also available to international callers at (412) 317-0088. The replay will be available until May 6