MutualFirst Financial Announces Second Quarter Earnings
MUTUALFIRST FINANCIAL (MFSF)
Last mutualfirst financial earnings: 1/31 02:00 pm
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US:NASDAQ Investor Relations:
snl.com/irw/corporateprofile/4050583
Company Research
Source: PR Newswire
MUNCIE, Ind., July 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 second quarter ended June 30, 2019 was $5.8 million, or $0.66 diluted earnings per common share. This compares to net income available to common shareholders for the same period in 2018 of $4.2 million, or $0.48 diluted earnings per common share. The net income for the second quarter ended June 30, 2019 represents an annualized return on average assets of 1.11% and return on average tangible common equity of 12.24% compared to 0.83% and 10.46%, respectively, for the same period of last year. Net income available to common shareholders for the first six months of 2019 was $11.0 million, or $1.26 diluted earnings per common share. This compares to net income available to common shareholders for the same period in 2018 of $8.2 million, or $0.98 diluted earnings per common share. The ne
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