A Director at M B T Financial Corp is Exercising Options

By Carrie Williams

Today, a Director at M B T Financial Corp, Peter Carlton, exercised options of M B T Financial Corp for $13.92K.

Following Peter Carlton’s last MBTF Buy transaction on August 15, 2016, the stock climbed by 2.8%. This recent transaction increases Peter Carlton’s holding in the company by 3.22% to a total of $2.21 million.

Based on M B T Financial Corp’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $14.69 million and quarterly net profit of $3.93 million. In comparison, last year the company earned revenue of $14.03 million and had a net profit of $3.69 million. MBTF’s market cap is $245.9M and the company has a P/E ratio of 17.06. The company has a one-year high of $12.10 and a one-year low of $8.78.

Starting in February 2017, MBTF received 4 Buy ratings in a row.

The insider sentiment on M B T Financial Corp has been positive according to 47 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

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MBT Financial Corp. is a bank holding company, which operates through its subsidiary Monroe Bank & Trust. It offers various deposit products which include checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, IRAs, ATM and night depository facilities, treasury management services, telephone and internet banking, personal trust, employee benefit and investment management services. The company was founded in January 2000 and is headquartered in Monroe, MI.