MBT Financial (MBTF) Receives Daily News Impact Score of 0.12

News stories about MBT Financial (NASDAQ:MBTF) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. MBT Financial earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 44.965488137148 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Shares of MBTF stock traded up $0.05 during midday trading on Wednesday, hitting $10.65. The stock had a trading volume of 33,211 shares, compared to its average volume of 53,149. The firm has a market capitalization of $243.47, a PE ratio of 15.14 and a beta of -0.26. MBT Financial has a twelve month low of $9.25 and a twelve month high of $12.10.

MBT Financial (NASDAQ:MBTF) last announced its quarterly earnings data on Thursday, January 25th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter. The business had revenue of $14.03 million for the quarter. MBT Financial had a return on equity of 12.15% and a net margin of 18.39%.

MBT Financial announced that its Board of Directors has initiated a stock repurchase plan on Thursday, January 25th that authorizes the company to repurchase 2,000,000 outstanding shares. This repurchase authorization authorizes the financial services provider to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Separately, BidaskClub upgraded MBT Financial from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st.

In other MBT Financial news, Director Joseph S. Daly bought 4,499 shares of the company’s stock in a transaction that occurred on Thursday, February 15th. The shares were purchased at an average price of $10.42 per share, with a total value of $46,879.58. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph S. Daly bought 15,000 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The stock was acquired at an average cost of $9.95 per share, for a total transaction of $149,250.00. Following the acquisition, the director now directly owns 200,212 shares of the company’s stock, valued at $1,992,109.40. The disclosure for this purchase can be found here. Insiders purchased 25,563 shares of company stock worth $257,397 in the last three months. 22.80% of the stock is currently owned by corporate insiders.

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About MBT Financial

MBT Financial Corp. is a bank holding company for Monroe Bank & Trust (the Bank). Monroe Bank & Trust provides customary retail and commercial banking and trust services to its customers, including checking and savings accounts, time deposits, safe deposit facilities, commercial loans, personal loans, real estate mortgage loans, installment loans, individual retirement accounts (IRAs), automated teller machine (ATM) and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit and investment management services.

Insider Buying and Selling by Quarter for MBT Financial (NASDAQ:MBTF)

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