M B T Financial Corp (MBTF) 4.86 $MBTF
MBT Financial Corp. Announces Increase in Preliminary Third Quarter 2014 Pre Tax Profit
GlobeNewswire - Thu Oct 23, 3:52PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a preliminary pretax profit for the third quarter of $2,815,000 in 2014 and $2,492,000 in 2013, for an increase of 13%. Year to date pretax profits were $7,420,000 as of September 30, 2014 and $5,102,000 as of September 30, 2013, for an increase of 45%. Net profit for the third quarter of 2014 totaled $2,042,000, or $0.09 per share (basic and diluted), compared to the net profit for the third quarter of 2013 of $21,287,000, or $1.19 per share, basic and $1.17 per share, diluted. The net profit for the nine months ended September 30, 2014 was $5,496,000, or $0.25 per share (basic and diluted), compared to $23,897,000, or $1.34 per share, basic and $1.33 per share, diluted, for the nine months ended September 30, 2013. The net profits for the third quarter of 2013 and the nine months ended September 30, 2013 were positively impacted by the elimination of the $18.8 million deferred tax asset valuation allowance.
MBTF: 4.86 (-0.02)
Nasdaq stocks posting largest volume increases
AP - Fri Oct 17, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
URBN: 31.18 (+0.02), DLHC: 2.75 (+0.03), LMOS: 16.02 (-0.19), RDI: 10.37 (+0.05), AHPI: 1.73 (unch), COCO: 0.17 (+0.01), AGYS: 11.36 (+0.01), HCCI: 18.61 (+0.11), NAUH: 3.05 (+0.02), KTEC: 13.01 (-0.02), MBTF: 4.86 (-0.02), CZFC: 12.00 (-0.49), RDIB: 10.92 (-0.08)
MBT Financial Corp. Announces Third Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Tue Sep 16, 1:57PM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its third quarter 2014 results after the close of the market on Thursday, October 23, 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, October 24, 2014 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (877) 510-3783 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) 902-4136.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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."
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
SCG.VN: 0.015 (unch), MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
MBTF, RMBS, BAA Are Seasonally Ripe To Go Down In the Next Five Weeks
M2 - Tue Mar 26, 7:03AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Mbt Financial Corp (NASDAQ:MBTF), Rambus Inc (NASDAQ:RMBS), Banro Corp (AMEX:BAA) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
RMBS: 11.09 (-0.23), MBTF: 4.86 (-0.02), BAA: 0.15 (unch)
WEALTHMAKERS.COM Issues Bearish Research Reports on ANGI, CBG, CWCO, ITMN, MBTF, MNRK
M2 - Tue Mar 19, 10:42AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Angie's List Inc (NASDAQ:ANGI), CBRE Group Inc (NYSE:CBG), Consolidated Water Co Ltd (NASDAQ:CWCO), InterMune Inc (NASDAQ:ITMN), Mbt Financial Corp (NASDAQ:MBTF), Monarch Financial Holdings Inc (NASDAQ:MNRK)
CBG: 31.88 (+0.08), ITMN: 73.89 (-0.02), ANGI: 6.61 (+0.16), CWCO: 12.50 (+0.12), MNRK: 12.80 (+0.05), MBTF: 4.86 (-0.02)
MBT Financial Corp. Announces Revised 2012 Profit
GlobeNewswire - Wed Feb 13, 4:00PM CST
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a revision to its preliminary results that were announced on January 24, 2013. The Bank reassessed recent guidance from banking regulators regarding the Allowance for Loan and Lease Losses (ALLL) on troubled debt restructurings, and decided to increase its ALLL as of December 31, 2012 by recording an additional provision for loan loss expense of $500,000. As a result, the previously announced preliminary fourth quarter 2012 net profit of $6,118,000, or $0.36 per share (basic and diluted), is reduced to $5,618,000, or $0.32 per share (basic and diluted). The previously announced full year profit of $8,976,000, or $0.52 per share (basic and diluted) is reduced to $8,476,000, or $0.49 per share (basic and diluted) and the ALLL increased from the previously reported $16,799,000 to $17,299,000.
MBTF: 4.86 (-0.02)
MBT Financial Corp. Announces Increase in Preliminary Third Quarter 2014 Pre Tax Profit
GlobeNewswire - Thu Oct 23, 3:52PM CDT
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a preliminary pretax profit for the third quarter of $2,815,000 in 2014 and $2,492,000 in 2013, for an increase of 13%. Year to date pretax profits were $7,420,000 as of September 30, 2014 and $5,102,000 as of September 30, 2013, for an increase of 45%. Net profit for the third quarter of 2014 totaled $2,042,000, or $0.09 per share (basic and diluted), compared to the net profit for the third quarter of 2013 of $21,287,000, or $1.19 per share, basic and $1.17 per share, diluted. The net profit for the nine months ended September 30, 2014 was $5,496,000, or $0.25 per share (basic and diluted), compared to $23,897,000, or $1.34 per share, basic and $1.33 per share, diluted, for the nine months ended September 30, 2013. The net profits for the third quarter of 2013 and the nine months ended September 30, 2013 were positively impacted by the elimination of the $18.8 million deferred tax asset valuation allowance.
MBTF: 4.86 (-0.02)
Nasdaq stocks posting largest volume increases
AP - Fri Oct 17, 5:03PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
URBN: 31.18 (+0.02), DLHC: 2.75 (+0.03), LMOS: 16.02 (-0.19), RDI: 10.37 (+0.05), AHPI: 1.73 (unch), COCO: 0.17 (+0.01), AGYS: 11.36 (+0.01), HCCI: 18.61 (+0.11), NAUH: 3.05 (+0.02), KTEC: 13.01 (-0.02), MBTF: 4.86 (-0.02), CZFC: 12.00 (-0.49), RDIB: 10.92 (-0.08)
MBT Financial Corp. Announces Third Quarter 2014 Earnings Release and Conference Call
GlobeNewswire - Tue Sep 16, 1:57PM CDT
MBT Financial Corp. (Nasdaq:MBTF) announced today that it will release its third quarter 2014 results after the close of the market on Thursday, October 23, 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, October 24, 2014 at 10 a.m. Eastern. Participants in the United States are asked to call toll free (877) 510-3783 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) 902-4136.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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."
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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. MBTF: 4.86 (-0.02)
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.
SCG.VN: 0.015 (unch), MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
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.
MBTF: 4.86 (-0.02)
MBTF, RMBS, BAA Are Seasonally Ripe To Go Down In the Next Five Weeks
M2 - Tue Mar 26, 7:03AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of Mbt Financial Corp (NASDAQ:MBTF), Rambus Inc (NASDAQ:RMBS), Banro Corp (AMEX:BAA) and each have a high seasonal probability to go Down in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
RMBS: 11.09 (-0.23), MBTF: 4.86 (-0.02), BAA: 0.15 (unch)
WEALTHMAKERS.COM Issues Bearish Research Reports on ANGI, CBG, CWCO, ITMN, MBTF, MNRK
M2 - Tue Mar 19, 10:42AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: Angie's List Inc (NASDAQ:ANGI), CBRE Group Inc (NYSE:CBG), Consolidated Water Co Ltd (NASDAQ:CWCO), InterMune Inc (NASDAQ:ITMN), Mbt Financial Corp (NASDAQ:MBTF), Monarch Financial Holdings Inc (NASDAQ:MNRK)
CBG: 31.88 (+0.08), ITMN: 73.89 (-0.02), ANGI: 6.61 (+0.16), CWCO: 12.50 (+0.12), MNRK: 12.80 (+0.05), MBTF: 4.86 (-0.02)
MBT Financial Corp. Announces Revised 2012 Profit
GlobeNewswire - Wed Feb 13, 4:00PM CST
MBT Financial Corp., (Nasdaq:MBTF), the parent company of Monroe Bank & Trust, reported a revision to its preliminary results that were announced on January 24, 2013. The Bank reassessed recent guidance from banking regulators regarding the Allowance for Loan and Lease Losses (ALLL) on troubled debt restructurings, and decided to increase its ALLL as of December 31, 2012 by recording an additional provision for loan loss expense of $500,000. As a result, the previously announced preliminary fourth quarter 2012 net profit of $6,118,000, or $0.36 per share (basic and diluted), is reduced to $5,618,000, or $0.32 per share (basic and diluted). The previously announced full year profit of $8,976,000, or $0.52 per share (basic and diluted) is reduced to $8,476,000, or $0.49 per share (basic and diluted) and the ALLL increased from the previously reported $16,799,000 to $17,299,000.
MBTF: 4.86 (-0.02)
