MB Financial Inc. (NASDAQ:MBFI) is set to announce its earnings results after the market closes on Wednesday, October 18th. Analysts expect the company to announce earnings of $0.69 per share for the quarter.

MB Financial (NASDAQ:MBFI) last announced its earnings results on Thursday, July 20th. The bank reported $0.54 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.64 by ($0.10). The firm had revenue of $239.51 million during the quarter, compared to analyst estimates of $247.39 million. MB Financial had a net margin of 19.12% and a return on equity of 7.99%. During the same quarter last year, the business earned $0.58 earnings per share. On average, analysts expect MB Financial to post $2.43 EPS for the current fiscal year and $2.87 EPS for the next fiscal year.

Shares of MB Financial Inc. (NASDAQ:MBFI) opened at 45.92 on Wednesday. The firm has a market capitalization of $3.85 billion, a P/E ratio of 20.95 and a beta of 1.18. MB Financial Inc. has a 52 week low of $35.00 and a 52 week high of $48.47. The firm has a 50-day moving average of $42.14 and a 200 day moving average of $42.20.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Shareholders of record on Friday, September 15th were given a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date was Thursday, September 14th. MB Financial’s dividend payout ratio is presently 38.36%.

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In related news, Director Ronald D. Santo sold 2,542 shares of the stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $39.78, for a total value of $101,120.76. Following the transaction, the director now directly owns 59,505 shares of the company’s stock, valued at approximately $2,367,108.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 4.93% of the company’s stock.

A number of equities research analysts have commented on MBFI shares. BidaskClub downgraded shares of MB Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Zacks Investment Research downgraded shares of MB Financial from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Piper Jaffray Companies downgraded shares of MB Financial from an “overweight” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research report on Friday, July 21st. Jefferies Group LLC reaffirmed a “hold” rating and issued a $48.00 target price on shares of MB Financial in a research report on Friday, September 15th. Finally, Wedbush reaffirmed a “neutral” rating and issued a $48.00 target price on shares of MB Financial in a research report on Tuesday, June 27th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $47.56.

About MB Financial

MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.

Earnings History for MB Financial (NASDAQ:MBFI)

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