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Stock impact report

MutualFirst Financial Announces First Quarter Earnings

MUTUALFIRST FINANCIAL (MFSF) 
Last mutualfirst financial earnings: 1/31 02:00 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4050583
Company Research Source: PR Newswire
MUNCIE, Ind., April 23, 2019 /PRNewswire/ -- MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company of MutualBank (the "Bank"), announced today net income available to common shareholders for the first quarter ended March 31, 2019 was $5.2 million, or $0.60 diluted earnings per common share.  This compares to net income available to common shareholders for the same period in 2018 of $4.0 million, or $0.50 diluted earnings per common share.  The net income for the first quarter ended March 31, 2019 represents an annualized return on average assets of 1.02% and return on average tangible common equity of 11.73% compared to 0.93% and 10.53%, respectively, for the same period of last year. Other financial highlights for the first quarter of 2019 include:Organic net loan growth in non-residential consumer loans of $10.1 million, or 15.2% on an annualized basis and in commercial loans of $6.3 million, or 3.7% on an annualized basis. Deposit growth of $40.5 million, or 10.7% on an a Show less Read more
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