Several analysts have recently updated their ratings and price targets for MB Financial (NASDAQ: MBFI):

  • 10/12/2017 – MB Financial had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $49.00 price target on the stock.
  • 10/10/2017 – MB Financial was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “MB Financial, Inc. is a bank holding company which conducts a commercial banking business through Manufacturers Bank. “
  • 10/3/2017 – MB Financial had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $45.00 price target on the stock.
  • 9/27/2017 – MB Financial was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “MB Financial, Inc. is a bank holding company which conducts a commercial banking business through Manufacturers Bank. “
  • 9/15/2017 – MB Financial had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $48.00 price target on the stock.
  • 8/29/2017 – MB Financial had its “hold” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $45.00 price target on the stock.

MB Financial (NASDAQ:MBFI) last released its quarterly earnings data on Thursday, July 20th. The bank reported $0.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by ($0.10). The company had revenue of $239.51 million for the quarter, compared to the consensus estimate 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 in the previous year, the business earned $0.58 EPS.

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 29th. Stockholders of record on Friday, September 15th were given a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a dividend yield of 1.84%. The ex-dividend date of this dividend was Thursday, September 14th. MB Financial’s payout ratio is currently 38.36%.

In other news, Director Ronald D. Santo sold 2,542 shares of MB Financial stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $39.78, for a total transaction of $101,120.76. Following the sale, the director now owns 59,505 shares in the company, valued at $2,367,108.90. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 7.05% of the company’s stock.

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.

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