MB Financial Inc. (MBFI) To Go Ex-Dividend on December 14th
MB Financial Inc. (NASDAQ:MBFI) announced a quarterly dividend on Wednesday, November 29th, NASDAQ reports. Investors of record on Friday, December 15th will be given a dividend of 0.21 per share by the bank on Friday, December 29th. This represents a $0.84 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend is Thursday, December 14th.
MB Financial (NASDAQ:MBFI) remained flat at $$44.39 during midday trading on Wednesday. 451,700 shares of the stock were exchanged, compared to its average volume of 373,467. The firm has a market cap of $3,724.06, a P/E ratio of 18.12, a P/E/G ratio of 1.72 and a beta of 1.19. The company has a quick ratio of 0.84, a current ratio of 0.89 and a debt-to-equity ratio of 0.24. MB Financial has a 12 month low of $38.28 and a 12 month high of $48.47.
MB Financial (NASDAQ:MBFI) last released its quarterly earnings data on Thursday, October 19th. The bank reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.08. The business had revenue of $252.21 million during the quarter, compared to the consensus estimate of $253.15 million. MB Financial had a return on equity of 8.40% and a net margin of 20.21%. During the same quarter in the prior year, the company posted $0.61 earnings per share. sell-side analysts expect that MB Financial will post 2.47 EPS for the current fiscal year.
A number of research firms recently commented on MBFI. SunTrust Banks set a $48.00 price objective on MB Financial and gave the company a “buy” rating in a report on Friday, October 20th. Zacks Investment Research upgraded MB Financial from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. Piper Jaffray Companies reiterated a “hold” rating and issued a $44.00 price objective on shares of MB Financial in a report on Thursday, October 19th. Jefferies Group reiterated a “hold” rating and issued a $49.00 price objective on shares of MB Financial in a report on Thursday, October 12th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $45.00 price objective on shares of MB Financial in a report on Tuesday, August 29th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $47.63.
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MB Financial Company Profile
MB Financial, Inc (MB Financial) is a financial holding company. The Company’s segments include banking, leasing and mortgage banking. As of December 31, 2016, the Company’s primary market was the Chicago metropolitan area, in which the Company operated 95 banking offices through its bank subsidiary, MB Financial Bank, N.A.
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