The EVP of M B T Financial Corp (NASDAQ: MBTF) is Selling Shares

By Carrie Williams

Today, the EVP of M B T Financial Corp (NASDAQ: MBTF), Thomas G. Myers, sold shares of MBTF for $53.31K.

In addition to Thomas G. Myers, 3 other MBTF executives reported Sell trades in the last month.

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.

In the last 30 days, insiders have sold $53.31K worth of MBTF shares and purchased $274.2K worth of MBTF shares. The insider sentiment on M B T Financial Corp has been positive according to 48 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.

Thomas G. Myers’ trades have generated a 4.2% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.