MBT Financial Corp. (MBTF) Earns Buy Rating from Analysts at Maxim Group
Equities researchers at Maxim Group began coverage on shares of MBT Financial Corp. (NASDAQ:MBTF) in a research note issued to investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the financial services provider’s stock.
Separately, Sandler O’Neill assumed coverage on shares of MBT Financial Corp. in a research report on Thursday, June 30th. They issued a “buy” rating for the company.
MBT Financial Corp. (NASDAQ:MBTF) traded up 1.64% during midday trading on Tuesday, reaching $9.30. The company’s stock had a trading volume of 26,240 shares. The stock has a market capitalization of $211.41 million, a price-to-earnings ratio of 15.00 and a beta of 0.62. The firm has a 50-day moving average price of $9.04 and a 200 day moving average price of $8.45. MBT Financial Corp. has a 52-week low of $6.01 and a 52-week high of $9.47.
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MBT Financial Corp. (NASDAQ:MBTF) last released its earnings results on Thursday, July 28th. The financial services provider reported $0.18 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.05. MBT Financial Corp. had a net margin of 24.83% and a return on equity of 9.81%. Equities research analysts predict that MBT Financial Corp. will post $0.54 EPS for the current fiscal year.
MBT Financial Corp. Company Profile
MBT Financial Corp. is a bank holding company for Monroe Bank & Trust (the Bank). Monroe Bank & Trust provides customary retail and commercial banking and trust services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, individual retirement accounts (IRAs), automated teller machine (ATM) and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit and investment management services.
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