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MainSource posts 3Q profit

GREENSBURG, Ind. (AP) _ MainSource Financial Group Inc. (MSFG) on Wednesday reported third-quarter net income of $11.1 million.

The Greensburg, Indiana-based bank said it had earnings of 43 cents per share. Earnings, adjusted for costs related to mergers and acquisitions and non-recurring costs, came to 54 cents per share.

The financial holding company posted revenue of $54.8 million in the period. Its adjusted revenue was $50.4 million.

MainSource shares have increased 11 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $38.26, a rise of 48 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MSFG at https://www.zacks.com/ap/MSFG