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MBT: 3Q Earnings Snapshot

MONROE, Mich. (AP) _ MBT Financial Corp. (MBTF) on Thursday reported third-quarter net income of $5 million.

The bank, based in Monroe, Michigan, said it had earnings of 21 cents per share.

The bank holding company for Monroe Bank & Trust posted revenue of $15.9 million in the period. Its revenue net of interest expense was $15.3 million, surpassing Street forecasts.

MBT shares have climbed almost 8 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $11.43, a climb of almost 7 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 MBTF at https://www.zacks.com/ap/MBTF