MBT Financial Corp. (MBTF) Receives New Coverage from Analysts at Maxim Group
Equities research analysts at Maxim Group began coverage on shares of MBT Financial Corp. (NASDAQ:MBTF) in a research report issued on Tuesday, The Fly reports. The firm set a “buy” rating on the financial services provider’s stock.
Separately, Sandler O’Neill started coverage on shares of MBT Financial Corp. in a research note on Thursday, June 30th. They issued a “buy” rating on the stock.
MBT Financial Corp. (NASDAQ:MBTF) traded up 1.64% during midday trading on Tuesday, hitting $9.30. The company’s stock had a trading volume of 26,240 shares. The firm has a market cap of $211.41 million, a P/E ratio of 15.00 and a beta of 0.62. MBT Financial Corp. has a 12 month low of $6.01 and a 12 month high of $9.47. The company’s 50 day moving average price is $9.04 and its 200 day moving average price is $8.45.
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MBT Financial Corp. (NASDAQ:MBTF) last issued its quarterly earnings results on Thursday, July 28th. The financial services provider reported $0.18 EPS for the quarter, beating the 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%. Analysts expect that MBT Financial Corp. will post $0.54 EPS for the current year.
About MBT Financial Corp.
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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