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MutualFirst Financial: 4Q Earnings Snapshot

MUNCIE, Ind. (AP) _ MutualFirst Financial Inc. (MFSF) on Wednesday reported fourth-quarter net income of $5.3 million.

On a per-share basis, the Muncie, Indiana-based company said it had net income of 61 cents. Earnings, adjusted for costs related to mergers and acquisitions, were 62 cents per share.

The holding company for MutualBank posted revenue of $26.8 million in the period. Its adjusted revenue was $21.8 million.

For the year, the company reported profit of $18.9 million, or $2.21 per share. Revenue was reported as $82.7 million.

MutualFirst Financial shares have risen slightly more than 5 percent since the beginning of the year. The stock has fallen 25 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 MFSF at https://www.zacks.com/ap/MFSF