Mainsource Finl Grp (MSFG) 22.01 $MSFG
MainSource Financial Group Expands Presence in Cincinnati; Completes its Acquisition Of Cheviot Financial Corp.
PR Newswire - Mon May 23, 7:00AM CDT
MainSource Financial Group, Inc. (NASDAQ: MSFG) ("MainSource" or the "Company"
announced today that it has finalized the acquisition of all the common stock of Cheviot Financial Corp ("Cheviot" in a cash and stock transaction valued at approximately $102.5 million. Cheviot, headquartered in Cincinnati, is the holding company for Cheviot Savings Bank.
CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG Second Quarter Dividend Declared
PR Newswire - Mon May 16, 3:00PM CDT
(NASDAQ: MSFG) - MainSource Financial Group's Board of Directors announced today that the Company declared a second quarter common dividend of $0.15 per share at its April 27, 2016 meeting. The dividend is payable on June 15, 2016 to common shareholders of record as of June 6, 2016.
MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG - Announces First Quarter 2016 Financial Results
PR Newswire - Mon Apr 25, 3:00PM CDT
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG), announced today the unaudited financial results for the first quarter of 2016. For the three months ended March 31, 2016, the Company recorded net income of $8.8 million, or $0.40 per common share, compared to net income of $7.7 million, or $0.35 per common share, in the first quarter of 2015. During the first quarter of 2015 the Company incurred a $2.4 million charge related to the prepayment of Federal Home Loan Bank (FHLB) advances and realized $252 thousand of gains from the sale of investment securities. The sum of these items reduced earnings per share by $0.06 during that period.
MSFG: 22.01 (+0.45)
Wintrust Completes Generations Buy, Expands in Wisconsin
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 12:25PM CDT
Expanding its footprint in Wisconsin further, U.S. banking and financial services provider Wintrust Financial Corporation (WTFC) recently completed the acquisition of Wisconsin-based Generations Bancorp, Inc. for a purchase price of about $25.1 million.
EFSC: 26.95 (+0.24), MBWM: 24.11 (+0.49), WTFC: 50.66 (+0.59), MSFG: 22.01 (+0.45)
Citi Transfers Coinsurance Deal, Assets Reduced by $2.5B
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 8:00AM CDT
On Thursday, Citigroup Inc. (C) announced that its subsidiary - Prime Reinsurance Company, Inc. ("Prime Re" has been replaced as Primerica Life Insurance Company's reinsurer by a subsidiary of Swiss Re Life & Health America Inc. ("Swiss Re" per a coinsurance agreement.
EFSC: 26.95 (+0.24), C: 41.98 (+0.69), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45)
The Zacks Analyst Blog Highlights: First Interstate Bancsystem, Chemical Financial, Independent Bank, Mercantile Bank and MainSource Financial Group
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 8:30AM CDT
The Zacks Analyst Blog Highlights: First Interstate Bancsystem, Chemical Financial, Independent Bank, Mercantile Bank and MainSource Financial Group
FIBK: 27.77 (+0.35), IBCP: 14.60 (+0.23), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45), CHFC: 37.28 (+0.57)
5 Midwest Banks Poised to Outperform
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 1:04PM CDT
Before you decide to totally avoid banking stocks, we would like to inform you that there are many smaller regional Midwest banks that are set to outperform.
FIBK: 27.77 (+0.35), IBCP: 14.60 (+0.23), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45), CHFC: 37.28 (+0.57)
MainSource appoints Covington Capital exec to board
M2 - Fri Feb 05, 6:45AM CST
MainSource Financial Group, Inc., (NASDAQ: MSFG) has appointed Vince Berta, president and managing director of Covington Capital, LLC to fill the existing vacancy on the board of directors of the company and its subsidiary, created by the retirement of Charles J. Thayer, effective April 27, 2016, the company said. In addition to his role with Covington Capital, Berta is a partner with Landmark Financial Advisors, Inc., a registered investment advisory company he co-founded in 2002. He has 34 years of experience in the financial services industry, previously serving as the executive vice president and regional chairman of US Bank Corporation and the chairman, president and chief executive officer of Trans Financial, Inc., a USD2.3 billion bank acquired by US Bank Corporation in 1998. MainSource Financial Group is a community-focused, financial holding company with assets of approximately USD3.4 billion. The company operates 85 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiary, MainSource Bank, Greensburg, Indiana.
MSFG: 22.01 (+0.45)
MainSource Financial Group Announces Appointment of Vince Berta to Board of Directors, Retirement of Charles Thayer
PR Newswire - Thu Jan 28, 3:00PM CST
Archie M. Brown, President and CEO of MainSource Financial Group, Inc., announced today that Charles J. Thayer has notified the Board of his intention to retire from the Board of Directors effective at the Company's Annual Meeting of Shareholders on April 27, 2016. Mr. Thayer has served on the Board since 2011. In addition, Mr. Brown announced that the Board has appointed Vince Berta, President and Managing Director of Covington Capital, LLC, to fill an existing vacancy on the Board of Directors of the Company and its subsidiary, MainSource Bank. The appointments are effective February 22, 2016.
MSFG: 22.01 (+0.45)
MAINSOURCE FINANCIAL GROUP -- NASDAQ, MSFG -- Announces Fourth Quarter and Full Year 2015 Operating Results and Increase to Common Dividend
PR Newswire - Tue Jan 26, 3:00PM CST
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG) announced today the unaudited financial results for the quarter and year ended December 31, 2015. For the three months ended December 31, 2015, the Company recorded net income of $9.1 million, or $0.42 per common share, compared to net income of $6.6 million, or $0.30 per common share, in the fourth quarter of 2014. During the fourth quarter of 2015 the Company incurred costs of $114 thousand related to its acquisition of five branches from Old National Bank ("ONB" and $250 thousand related to its announcement of the closing of four branches. During the fourth quarter of 2014 the Company incurred a $3.1 million pre-tax charge ($2.2 million on an after-tax basis) related to its acquisition of MBT Bancorp.
MSFG: 22.01 (+0.45)
Huntington's (HBAN) Q4 Earnings Beat on Top-Line Growth
Zacks Equity Research - Zacks Investment Research - Thu Jan 21, 11:02AM CST
Driven by higher revenues, Huntington Bancshares Inc. (HBAN) reported fourth-quarter 2015 earnings per share of 22 cents, which beat the Zacks Consensus Estimate by a penny. Also, the figure came in above the prior-year quarter earnings of 21 cents.
ONB: 12.45 (+0.22), HBAN: 8.72 (+0.14), EFSC: 26.95 (+0.24), MSFG: 22.01 (+0.45)
MainSource appoints EVP/corporate counsel/chief risk officer
M2 - Fri Jan 08, 6:59AM CST
MainSource Financial Group, Inc. (NYSE: MSFG) has named Karen Woods as executive vice president, corporate counsel and chief risk officer, overseeing all regulatory matters for the company, including compliance and audit functions, loan review, information security as well as all legal matters, the company said. Woods assumed her new role on January 4, 2016. She has been a practicing attorney for more than 20 years, most recently serving as partner with the Indianapolis-based law firm of Krieg DeVault LLP. During her tenure as a corporate attorney, she represented financial institutions and corporate clients with respect to mergers and acquisitions, securities and general corporate matters. In addition, she has experience with both public and private offerings of securities, business formation and bank regulatory matters. She has represented MainSource Financial Group as outside corporate council for more than 11 years prior to becoming an employee. MainSource Financial Group is a community focused, financial holding company with assets of approximately USD3.25 billion. The company operates 85 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiary, MainSource Bank, Greensburg, Indiana.
MSFG: 22.01 (+0.45)
MainSource Hires Karen Woods as EVP, Corporate Counsel & Chief Risk Officer
PR Newswire - Tue Jan 05, 3:00PM CST
Archie M. Brown, President and CEO of MainSource Financial Group, Inc., announced today that Karen Woods joined the Company as Executive Vice President, Corporate Counsel and Chief Risk Officer. She will oversee all regulatory matters for the Company including compliance and audit functions, loan review, information security as well as all legal matters. Ms. Woods assumed her new role on January 4, 2016.
MSFG: 22.01 (+0.45)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation Regarding the Fairness of the Sale of the Company to MainSource Financial Group, Inc.
BusinessWire - Tue Dec 01, 2:54PM CST
The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
CHEVIOT FINANCIAL CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to MainSource Financial Group, Inc.
BusinessWire - Tue Dec 01, 11:34AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Cheviot Financial Corp. ("Cheviot" (NasdaqCM: CHEV) concerning the sale to MainSource Financial Group, Inc. (MSFG). Under the terms of the agreement, Cheviot shareholders will only receive $15.00 in cash or 0.6916 shares of MainSource for each Cheviot share owned, which is virtually no premium over the closing price before the deal was announced and significantly lower than the 52-week high.
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation Concerning the Fairness of the Sale of the Company to MainSource Financial Group, Inc. -- CHEV
PR Newswire - Mon Nov 30, 12:48PM CST
The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation In Connection With the Fairness of the Sale of the Company to MainSource Financial Group, Inc. -- CHEV
ACCESSWIRE - Tue Nov 24, 9:35AM CST
NEW YORK, NY / ACCESSWIRE / November 24, 2015 / The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group to Significantly Expand its Cincinnati Presence with the Acquisition of Cheviot Financial Corp.
PR Newswire - Tue Nov 24, 7:00AM CST
MainSource Financial Group, Inc. (NASDAQ:MSFG) ("MainSource" or the "Company" announced today that it has entered into a definitive merger agreement to acquire all of the common stock of Cheviot Financial Corp. (NASDAQ:CHEV) ("Cheviot" in a cash and stock transaction valued at approximately $107.4 million.
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group Fourth Quarter Dividend Declared
PR Newswire - Tue Nov 17, 2:00PM CST
(NASDAQ: MSFG) - MainSource Financial Group's Board of Directors announced today that the Company declared a fourth quarter common dividend of $0.14 per share at its October 19, 2015 meeting. The dividend is payable on December 15, 2015 to common shareholders of record as of December 4, 2015.
MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG - Announces Earnings for the Third Quarter of 2015
PR Newswire - Thu Oct 22, 3:00PM CDT
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG), announced today the unaudited financial results for the third quarter of 2015. For the three months ended September 30, 2015, the Company recorded net income of $9.1 million, or $0.42 per common share, compared to net income of $8.5 million, or $0.41 per common share, in the third quarter of 2014. During the third quarter of 2015 the Company recorded $617 thousand of expenses related to the acquisition of five branches from Old National Bank ("ONB" and $250 thousand of severance costs related to an internal reorganization.
MSFG: 22.01 (+0.45)
MainSource Financial Group Expands Presence in Cincinnati; Completes its Acquisition Of Cheviot Financial Corp.
PR Newswire - Mon May 23, 7:00AM CDT
MainSource Financial Group, Inc. (NASDAQ: MSFG) ("MainSource" or the "Company"
announced today that it has finalized the acquisition of all the common stock of Cheviot Financial Corp ("Cheviot" in a cash and stock transaction valued at approximately $102.5 million. Cheviot, headquartered in Cincinnati, is the holding company for Cheviot Savings Bank. CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG Second Quarter Dividend Declared
PR Newswire - Mon May 16, 3:00PM CDT
(NASDAQ: MSFG) - MainSource Financial Group's Board of Directors announced today that the Company declared a second quarter common dividend of $0.15 per share at its April 27, 2016 meeting. The dividend is payable on June 15, 2016 to common shareholders of record as of June 6, 2016.
MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG - Announces First Quarter 2016 Financial Results
PR Newswire - Mon Apr 25, 3:00PM CDT
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG), announced today the unaudited financial results for the first quarter of 2016. For the three months ended March 31, 2016, the Company recorded net income of $8.8 million, or $0.40 per common share, compared to net income of $7.7 million, or $0.35 per common share, in the first quarter of 2015. During the first quarter of 2015 the Company incurred a $2.4 million charge related to the prepayment of Federal Home Loan Bank (FHLB) advances and realized $252 thousand of gains from the sale of investment securities. The sum of these items reduced earnings per share by $0.06 during that period.
MSFG: 22.01 (+0.45)
Wintrust Completes Generations Buy, Expands in Wisconsin
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 12:25PM CDT
Expanding its footprint in Wisconsin further, U.S. banking and financial services provider Wintrust Financial Corporation (WTFC) recently completed the acquisition of Wisconsin-based Generations Bancorp, Inc. for a purchase price of about $25.1 million.
EFSC: 26.95 (+0.24), MBWM: 24.11 (+0.49), WTFC: 50.66 (+0.59), MSFG: 22.01 (+0.45)
Citi Transfers Coinsurance Deal, Assets Reduced by $2.5B
Zacks Equity Research - Zacks Investment Research - Fri Apr 01, 8:00AM CDT
On Thursday, Citigroup Inc. (C) announced that its subsidiary - Prime Reinsurance Company, Inc. ("Prime Re"
has been replaced as Primerica Life Insurance Company's reinsurer by a subsidiary of Swiss Re Life & Health America Inc. ("Swiss Re" per a coinsurance agreement. EFSC: 26.95 (+0.24), C: 41.98 (+0.69), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45)
The Zacks Analyst Blog Highlights: First Interstate Bancsystem, Chemical Financial, Independent Bank, Mercantile Bank and MainSource Financial Group
Zacks Equity Research - Zacks Investment Research - Tue Mar 29, 8:30AM CDT
The Zacks Analyst Blog Highlights: First Interstate Bancsystem, Chemical Financial, Independent Bank, Mercantile Bank and MainSource Financial Group
FIBK: 27.77 (+0.35), IBCP: 14.60 (+0.23), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45), CHFC: 37.28 (+0.57)
5 Midwest Banks Poised to Outperform
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 1:04PM CDT
Before you decide to totally avoid banking stocks, we would like to inform you that there are many smaller regional Midwest banks that are set to outperform.
FIBK: 27.77 (+0.35), IBCP: 14.60 (+0.23), MBWM: 24.11 (+0.49), MSFG: 22.01 (+0.45), CHFC: 37.28 (+0.57)
MainSource appoints Covington Capital exec to board
M2 - Fri Feb 05, 6:45AM CST
MainSource Financial Group, Inc., (NASDAQ: MSFG) has appointed Vince Berta, president and managing director of Covington Capital, LLC to fill the existing vacancy on the board of directors of the company and its subsidiary, created by the retirement of Charles J. Thayer, effective April 27, 2016, the company said. In addition to his role with Covington Capital, Berta is a partner with Landmark Financial Advisors, Inc., a registered investment advisory company he co-founded in 2002. He has 34 years of experience in the financial services industry, previously serving as the executive vice president and regional chairman of US Bank Corporation and the chairman, president and chief executive officer of Trans Financial, Inc., a USD2.3 billion bank acquired by US Bank Corporation in 1998. MainSource Financial Group is a community-focused, financial holding company with assets of approximately USD3.4 billion. The company operates 85 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiary, MainSource Bank, Greensburg, Indiana.
MSFG: 22.01 (+0.45)
MainSource Financial Group Announces Appointment of Vince Berta to Board of Directors, Retirement of Charles Thayer
PR Newswire - Thu Jan 28, 3:00PM CST
Archie M. Brown, President and CEO of MainSource Financial Group, Inc., announced today that Charles J. Thayer has notified the Board of his intention to retire from the Board of Directors effective at the Company's Annual Meeting of Shareholders on April 27, 2016. Mr. Thayer has served on the Board since 2011. In addition, Mr. Brown announced that the Board has appointed Vince Berta, President and Managing Director of Covington Capital, LLC, to fill an existing vacancy on the Board of Directors of the Company and its subsidiary, MainSource Bank. The appointments are effective February 22, 2016.
MSFG: 22.01 (+0.45)
MAINSOURCE FINANCIAL GROUP -- NASDAQ, MSFG -- Announces Fourth Quarter and Full Year 2015 Operating Results and Increase to Common Dividend
PR Newswire - Tue Jan 26, 3:00PM CST
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG) announced today the unaudited financial results for the quarter and year ended December 31, 2015. For the three months ended December 31, 2015, the Company recorded net income of $9.1 million, or $0.42 per common share, compared to net income of $6.6 million, or $0.30 per common share, in the fourth quarter of 2014. During the fourth quarter of 2015 the Company incurred costs of $114 thousand related to its acquisition of five branches from Old National Bank ("ONB"
and $250 thousand related to its announcement of the closing of four branches. During the fourth quarter of 2014 the Company incurred a $3.1 million pre-tax charge ($2.2 million on an after-tax basis) related to its acquisition of MBT Bancorp. MSFG: 22.01 (+0.45)
Huntington's (HBAN) Q4 Earnings Beat on Top-Line Growth
Zacks Equity Research - Zacks Investment Research - Thu Jan 21, 11:02AM CST
Driven by higher revenues, Huntington Bancshares Inc. (HBAN) reported fourth-quarter 2015 earnings per share of 22 cents, which beat the Zacks Consensus Estimate by a penny. Also, the figure came in above the prior-year quarter earnings of 21 cents.
ONB: 12.45 (+0.22), HBAN: 8.72 (+0.14), EFSC: 26.95 (+0.24), MSFG: 22.01 (+0.45)
MainSource appoints EVP/corporate counsel/chief risk officer
M2 - Fri Jan 08, 6:59AM CST
MainSource Financial Group, Inc. (NYSE: MSFG) has named Karen Woods as executive vice president, corporate counsel and chief risk officer, overseeing all regulatory matters for the company, including compliance and audit functions, loan review, information security as well as all legal matters, the company said. Woods assumed her new role on January 4, 2016. She has been a practicing attorney for more than 20 years, most recently serving as partner with the Indianapolis-based law firm of Krieg DeVault LLP. During her tenure as a corporate attorney, she represented financial institutions and corporate clients with respect to mergers and acquisitions, securities and general corporate matters. In addition, she has experience with both public and private offerings of securities, business formation and bank regulatory matters. She has represented MainSource Financial Group as outside corporate council for more than 11 years prior to becoming an employee. MainSource Financial Group is a community focused, financial holding company with assets of approximately USD3.25 billion. The company operates 85 full-service offices throughout Indiana, Illinois, Kentucky and Ohio through its banking subsidiary, MainSource Bank, Greensburg, Indiana.
MSFG: 22.01 (+0.45)
MainSource Hires Karen Woods as EVP, Corporate Counsel & Chief Risk Officer
PR Newswire - Tue Jan 05, 3:00PM CST
Archie M. Brown, President and CEO of MainSource Financial Group, Inc., announced today that Karen Woods joined the Company as Executive Vice President, Corporate Counsel and Chief Risk Officer. She will oversee all regulatory matters for the Company including compliance and audit functions, loan review, information security as well as all legal matters. Ms. Woods assumed her new role on January 4, 2016.
MSFG: 22.01 (+0.45)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation Regarding the Fairness of the Sale of the Company to MainSource Financial Group, Inc.
BusinessWire - Tue Dec 01, 2:54PM CST
The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
CHEVIOT FINANCIAL CORP. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to MainSource Financial Group, Inc.
BusinessWire - Tue Dec 01, 11:34AM CST
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Cheviot Financial Corp. ("Cheviot"
(NasdaqCM: CHEV) concerning the sale to MainSource Financial Group, Inc. (MSFG). Under the terms of the agreement, Cheviot shareholders will only receive $15.00 in cash or 0.6916 shares of MainSource for each Cheviot share owned, which is virtually no premium over the closing price before the deal was announced and significantly lower than the 52-week high. CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation Concerning the Fairness of the Sale of the Company to MainSource Financial Group, Inc. -- CHEV
PR Newswire - Mon Nov 30, 12:48PM CST
The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Cheviot Financial Corp. of an Investigation In Connection With the Fairness of the Sale of the Company to MainSource Financial Group, Inc. -- CHEV
ACCESSWIRE - Tue Nov 24, 9:35AM CST
NEW YORK, NY / ACCESSWIRE / November 24, 2015 / The following statement is being issued by Levi & Korsinsky, LLP:
CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group to Significantly Expand its Cincinnati Presence with the Acquisition of Cheviot Financial Corp.
PR Newswire - Tue Nov 24, 7:00AM CST
MainSource Financial Group, Inc. (NASDAQ:MSFG) ("MainSource" or the "Company"
announced today that it has entered into a definitive merger agreement to acquire all of the common stock of Cheviot Financial Corp. (NASDAQ:CHEV) ("Cheviot" in a cash and stock transaction valued at approximately $107.4 million. CHEV: 15.01 (+0.06), CHEVD: 8.26 (-0.04), MSFG: 22.01 (+0.45)
MainSource Financial Group Fourth Quarter Dividend Declared
PR Newswire - Tue Nov 17, 2:00PM CST
(NASDAQ: MSFG) - MainSource Financial Group's Board of Directors announced today that the Company declared a fourth quarter common dividend of $0.14 per share at its October 19, 2015 meeting. The dividend is payable on December 15, 2015 to common shareholders of record as of December 4, 2015.
MSFG: 22.01 (+0.45)
MainSource Financial Group - NASDAQ, MSFG - Announces Earnings for the Third Quarter of 2015
PR Newswire - Thu Oct 22, 3:00PM CDT
Archie M. Brown, Jr., President and Chief Executive Officer of MainSource Financial Group, Inc. (NASDAQ: MSFG), announced today the unaudited financial results for the third quarter of 2015. For the three months ended September 30, 2015, the Company recorded net income of $9.1 million, or $0.42 per common share, compared to net income of $8.5 million, or $0.41 per common share, in the third quarter of 2014. During the third quarter of 2015 the Company recorded $617 thousand of expenses related to the acquisition of five branches from Old National Bank ("ONB"
and $250 thousand of severance costs related to an internal reorganization. MSFG: 22.01 (+0.45)
