MBT Financial Corp. Announces Dividend and Preliminary Fourth Quarter 2018 Highlights
MBT FINANCIAL (MBTF)
US:NASDAQ Investor Relations:
mbandt.com/investor-relations
Company Research
Source: GlobeNewswire
MONROE, Mich., Jan. 28, 2019 (GLOBE NEWSWIRE) -- MBT Financial Corp. (NASDAQ: MBTF), the parent company of Monroe Bank & Trust, announced that it will pay a quarterly dividend of $0.10 per common share on February 14, 2019 to shareholders of record as of February 7, 2019. This is an increase of $0.04 per share compared to the regular dividend paid in the same quarter last year. On October 10, 2018, the Company announced that it signed a definitive agreement to merge with First Merchants Corporation (NASDAQ: FRME), headquartered in Muncie, Indiana. The merger is on track to close in the first quarter of 2019, so the Company will not be providing its typical detailed earnings announcement and investor conference call. The preliminary net profit was $3,878,000 ($0.17 per share, basic and diluted), in the fourth quarter of 2018, compared to a loss of $144,000 ($0.01 per share, basic), in the fourth quarter of 2017. The preliminary full year profit was $17,699,000 ($0.77 per share, ba
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