MB Financial Inc(NASDAQ:MBFI) Declares Dividend of $0.1900.

MB Financial Inc (NASDAQ:MBFI) had declared a cash dividend of $0.1900 on Aug 29, 2016. The shares will quote ex-dividend on Sep 13, 2016 and the record date has been fixed for Sep 15, 2016. On Aug 29, 2016 share price, the yield comes out to be 1.9368%. The dividend payable date has been fixed on Sep 30, 2016.

In a different note, On Aug 26, 2016, DA Davidson said it Maintains its rating on MB Financial Inc. In the research note, the firm Raises the price-target to $39.19 per share. The shares have been rated ‘Neutral’ by the firm. On Aug 26, 2016, Sandler O’Neill said it Downgrades its rating on MB Financial Inc. The shares have been rated ‘Hold’ by the firm. On Jul 7, 2016, JP Morgan said it Maintains its rating on MB Financial Inc. In the research note, the firm Raises the price-target to $35.50 per share. The shares have been rated ‘Neutral’ by the firm. Piper Jaffray said it Initiates Coverage on MB Financial Inc, according to a research note issued on Jun 10, 2016. The shares have been rated ‘Overweight’ by the firm.

MB Financial Inc (MBFI) shares turned negative on Thursdays trading session with the shares closing down -0.02 points or -0.05% at a volume of 5,78,863. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $39.48. The peak price level was also seen at $39.48 while the days lowest was $38.79. Finally the shares closed at $39.16. The 52-week high of the shares is $39.48 while the 52-week low is $27.98. According to the latest information available, the market cap of the company is $2,889 M.

MB Financial Inc(MBFI) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $129.81M. Analysts had an estimated revenue of $127.39M. Earnings per share were $0.58. Analysts had estimated an EPS of $0.55.

Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Thomas H Harvey (director) sold 20,000 shares at $37.96 per share price.Also, On Jul 13, 2016, Jill E York (Vice President and CFO) sold 2,500 shares at $37.26 per share price.On May 26, 2016, Ronald D Santo (director) sold 5,000 shares at $36.05 per share price, according to the Form-4 filing with the securities and exchange commission.

MB Financial Inc. (MB Financial) is a financial holding company. Through its bank subsidiary MB Financial Bank N.A. (MB Financial Bank) the Company offers financial services to small and middle market businesses and individuals in the markets that it serves. Its primary business segments include banking leasing and mortgage banking. It makes commercial loans to middle market businesses located in the Chicago area. Loan products offered by it are primarily working capital term loans and lines of credit that help its customers finance accounts receivable inventory and equipment. It also offers financial performance and commercial letters of credit. It originates commercial real estate loans that are secured by multi-unit residential property and owner and non-owner occupied commercial and industrial property. Its consumer loan portfolio is focused on indirect vehicle loans through a network of motorcycle power sports recreational vehicles and marine dealers.

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