M B T Financial Corp (MBTF) 5.34 $MBTF
MBT Financial Corp. Announces Second Quarter 2014 Profit
GlobeNewswire - Thu Jul 24, 4:00PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a profit of $1,687,000, or $0.08 per share (basic and diluted) for the second quarter of 2014, compared to the profit for the second quarter of 2013 of $1,496,000, or $0.08 per share (basic and diluted). The profit for the six months ended June 30, 2014 was $3,454,000, or $0.16 per share (basic and diluted), compared to $2,610,000, or $0.15 per share (basic and diluted) for the six months ended June 30, 2013.
MBT Consent Order Terminated, Optimistic Outlook
GlobeNewswire - Thu Jul 03, 7:30AM CDT
Monroe Bank & Trust, the wholly-owned banking subsidiary of MBT Financial Corp (Nasdaq:MBTF), recently received notification from the Federal Deposit Insurance Corporation and the Michigan Department of Insurance and Financial Services that the Consent Order it has been operating under since July 12, 2010 was terminated effective June 30, 2014. President and CEO Doug Chaffin commented, "We are very pleased with the termination of the Consent Order, as it reflects the considerable effort by our Board, officers, and staff to improve asset quality and earnings. In addition, our recently successful capital raise allowed us to complete the remaining stipulation under the Consent Order. We remain confident of our outlook for the future, and have demonstrated this confidence with the recent opening of our new Mortgage Center at 11 Washington Street in downtown Monroe. In addition, the establishment of our new Loan Production and Wealth Management office in downtown Tecumseh represents a milestone as our first official entry into the Lenawee County market. We remain the premier community bank in our area, and we are proud of our record of service to our communities in both Monroe and Wayne Counties. We intend to bring this tradition of quality with a strong customer focus to Lenawee County as well."
MBT Financial Corp. Announces Second Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Mon Jun 16, 3:37PM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its second quarter 2014 results after the close of the market on Thursday, July 24, 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, July 25, 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 First Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Tue Mar 18, 7:43AM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its first quarter 2014 results after the close of the market on Tuesday, April 29, 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 Wednesday, April 30, 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 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 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 Second Quarter 2014 Profit
GlobeNewswire - Thu Jul 24, 4:00PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a profit of $1,687,000, or $0.08 per share (basic and diluted) for the second quarter of 2014, compared to the profit for the second quarter of 2013 of $1,496,000, or $0.08 per share (basic and diluted). The profit for the six months ended June 30, 2014 was $3,454,000, or $0.16 per share (basic and diluted), compared to $2,610,000, or $0.15 per share (basic and diluted) for the six months ended June 30, 2013.
MBT Consent Order Terminated, Optimistic Outlook
GlobeNewswire - Thu Jul 03, 7:30AM CDT
Monroe Bank & Trust, the wholly-owned banking subsidiary of MBT Financial Corp (Nasdaq:MBTF), recently received notification from the Federal Deposit Insurance Corporation and the Michigan Department of Insurance and Financial Services that the Consent Order it has been operating under since July 12, 2010 was terminated effective June 30, 2014. President and CEO Doug Chaffin commented, "We are very pleased with the termination of the Consent Order, as it reflects the considerable effort by our Board, officers, and staff to improve asset quality and earnings. In addition, our recently successful capital raise allowed us to complete the remaining stipulation under the Consent Order. We remain confident of our outlook for the future, and have demonstrated this confidence with the recent opening of our new Mortgage Center at 11 Washington Street in downtown Monroe. In addition, the establishment of our new Loan Production and Wealth Management office in downtown Tecumseh represents a milestone as our first official entry into the Lenawee County market. We remain the premier community bank in our area, and we are proud of our record of service to our communities in both Monroe and Wayne Counties. We intend to bring this tradition of quality with a strong customer focus to Lenawee County as well."
MBT Financial Corp. Announces Second Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Mon Jun 16, 3:37PM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its second quarter 2014 results after the close of the market on Thursday, July 24, 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, July 25, 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 First Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Tue Mar 18, 7:43AM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its first quarter 2014 results after the close of the market on Tuesday, April 29, 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 Wednesday, April 30, 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 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 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.
