MBT Financial (MBTF) Reports Q3 EPS of $0.13

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Go back to MBT Financial (MBTF) Reports Q3 EPS of $0.13

MBT Financial Corp. Announces Third Quarter 2015 Profit

October 26, 2015 5:00 PM EDT

MONROE, Mich., Oct. 26, 2015 (GLOBE NEWSWIRE) -- MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a net profit of $3,006,000 ($0.13 per share, basic and diluted), in the third quarter of 2015, compared to a profit of $1,712,000 ($0.08 per share, basic and $0.07 per share, diluted), in the third quarter of 2014. The net profit for the nine months ended September 30, 2015 was $8,068,000 ($0.35 per share, basic and diluted), compared to $5,166,000 ($0.24 per share, basic and $0.23 per share, diluted) in the nine months ended September 30, 2014.

Earnings for the Company improved this quarter due to... More