MBFI - MB Financial, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
50.56
-0.49 (-0.96%)
At close: 4:00PM EDT
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Previous Close51.05
Open50.86
Bid50.25 x 1100
Ask0.00 x 1800
Day's Range50.46 - 51.00
52 Week Range38.28 - 51.33
Volume546,366
Avg. Volume624,893
Market Cap4.216B
Beta0.58
PE Ratio (TTM)14.49
EPS (TTM)3.49
Earnings DateJul 18, 2018 - Jul 23, 2018
Forward Dividend & Yield0.96 (2.22%)
Ex-Dividend Date2018-03-14
1y Target Est50.74
Trade prices are not sourced from all markets
  • Barrons.comyesterday

    [$$] Expect More Bank Mergers After Dodd-Frank Rollback

    Review | Preview The rollback of some postcrisis financial regulations will help small and mid-size banks get bigger—and leave fewer of them. Barron’s saw the potential in early December (“Lifting the Lid on Regional Banks’ Share Prices,” Dec. 2, 2017), as the legislation emerged from the Senate Banking Committee. By raising the threshold for stricter supervision under Dodd-Frank from $50 million in assets to $250 million, the new law effectively removes a disincentive for mergers and acquisitions.

  • GlobeNewswire2 days ago

    MB Financial, Inc. Approves Dividend on its Common Stock

    MB Financial, Inc. is the Chicago-based holding company for MB Financial Bank, N.A. (“MB”) which has approximately $20 billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals.  MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients’ success.  Learn more about MB by visiting www.mbfinancial.com. Safe Harbor Statement: Statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995.  By their nature, such statements are subject to numerous factors that could cause actual results to differ materially from those anticipated in the statements, as discussed in MB Financial’s filings with the Securities and Exchange Commission.  You should not place undue reliance on any forward-looking statements and MB Financial undertakes no obligation to update any such statements to reflect circumstances or events that occur after the date on which the forward-looking statement is made.

  • MB Financial (MBFI) Under Review for Upgrade by Moody's
    Zacks3 days ago

    MB Financial (MBFI) Under Review for Upgrade by Moody's

    Ratings of MB Financial (MBFI) under review for an upgrade by Moody's Investors Service, following announcement of the stock-cash acquisition deal with Fifth Third (FITB).

  • Moody's4 days ago

    MB Financial Bank, N.A. -- Moody's reviews MB Financial's ratings for upgrade based on planned acquisition by Fifth Third

    Moody's Investors Service has placed the ratings of MB Financial, Inc. (senior unsecured shelf (P)Ba1) and its lead bank MB Financial Bank, National Association (MB Financial, issuer rating Ba1) on review for upgrade following the company's announcement that it has entered into a definitive agreement to be acquired by Fifth Third Bancorp (Fifth Third, senior unsecured Baa1) for $4.7 billion.

  • Company News For May 23, 2018
    Zacks4 days ago

    Company News For May 23, 2018

    Companies in the news are: MU,ADBE,FITB,AAP,MBFI

  • ACCESSWIRE4 days ago

    Wired News – Fifth Third Bancorp Acquires MB Financial; Expands Market Presence in Chicago

    LONDON, UK / ACCESSWIRE / May 23, 2018 / If you want access to our free research report on MB Financial, Inc. (NASDAQ: MBFI), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=MBFI as the Company's latest news hit the wire. On May 21, 2018, Fifth Third Bancorp (NASDAQ: FITB) announced that it has signed an agreement to acquire MB Financial, Inc. (MBFI), after which MB Financial will merge into Fifth Third. The merger is expected to significantly strengthen Fifth Third's presence in Chicago.

  • Financial Times4 days ago

    [$$] US has more than 5,600 banks. Consolidation is coming

    The US’s banks have largely sat out the mergers and acquisitions wave of recent years. for Chicago’s MB Financial on Monday morning, shares in other Chicago-area banks began to move, too. Wintrust, a similar-sized bank based in Rosemont, Illinois, ended the day up almost 4 per cent, while First Midwest of Itasca closed up 3 per cent.

  • PR Newswire5 days ago

    WeissLaw LLP Investigates MB Financial, Inc. Acquisition

    NEW YORK , May 22, 2018 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of MB Financial, Inc. ("MBFI" or ...

  • MB FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MB Financial, Inc.
    PR Newswire5 days ago

    MB FINANCIAL INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of MB Financial, Inc.

    NEW ORLEANS , May 22, 2018 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale ...

  • Benzinga5 days ago

    Baird's Bearish Case For Fifth Third Bancorp Comes To An End After M&A Deal

    Fifth Third agreed to buy MB Financial in a deal that values the company at 2.76x tangible book value and tangible book value dilution of 7.7 percent, George said in a note. Investors may have reason to be "struggling" with the TBV dilution and the new M&A deal puts at risk the improving pace of organic capital return.

  • Barrons.com5 days ago

    More Bank Mergers Are on the Way…Finally

    On Monday, Fifth Third Bancorp (FITB) announced that it will buy fellow bank MB Financial (MBFI)  for $54.20 per share in a cash-and-stock deal valued at $4.7 billion. While, M&A has been a popular way to boost growth during the slow recovery from the financial crisis, banks have been left out of the party. Congress is also on the cusp of rolling back the financial rules put in place after the financial crisis, as well.

  • Business Wire5 days ago

    SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Regarding Whether the Sale of MB Financial, Inc. to Fifth Third Bancorp is Fair to Shareholders

    To: All Persons or Entities who purchased MB Financial, Inc. (“MB Financial” or the “Company”) (MBFI) stock prior to May 21, 2018. You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of MB Financial to Fifth Third Bancorp. Under the terms of the transaction, MB Financial shareholders will receive 1.45 shares of Fifth Third stock and $5.54 in cash for each share of MB Financial stock they own.

  • Fifth Third (FITB) Set to Acquire MB Financial for $4.7B
    Zacks5 days ago

    Fifth Third (FITB) Set to Acquire MB Financial for $4.7B

    Fifth Third (FITB) enters into stock-cash acquisition deal with MB Financial (MBFI), for a total value of $4.7 billion.

  • MB Financial (MBFI) Soars: Stock Adds 12.9% in Session
    Zacks5 days ago

    MB Financial (MBFI) Soars: Stock Adds 12.9% in Session

    MB Financial (MBFI) was a big mover last session, as the company saw its shares rise almost 13% on the day amid huge volumes.

  • The Wall Street Journal5 days ago

    [$$] Fifth Third Agrees to Buy MB Financial

    Fifth Third Bancorp said Monday it has agreed to buy MB Financial Inc. in a mostly stock deal, further expanding Fifth Third’s presence in Chicago. The companies valued the transaction at $4.7 billion, though a sharp drop in Fifth Third’s stock pushed that value down. Analysts questioned the deal’s price tag, which is at a 24% premium to MB Financial’s value on Friday.

  • The Wall Street Journal5 days ago

    [$$] Fifth Third Signals Resurgence of Banker Confidence

    Fifth Third Bancorp’s $4.7 billion deal to acquire small Chicago-based lender MB Financial is a sign that positive animal spirits have returned to the banking world. Investors should expect many more mergers and acquisitions. Rather, it has everything to do with Fifth Third’s high share price, capital reserves and confidence level.

  • Why Denbury Resources, MB Financial, and World Wrestling Entertainment Jumped Today
    Motley Fool6 days ago

    Why Denbury Resources, MB Financial, and World Wrestling Entertainment Jumped Today

    Learn which of these companies made smart deals today.

  • Reuters6 days ago

    Fifth Third Bancorp pays $4.7 billion for MB Financial's Chicago muscle

    As part of the deal announced on Monday, each MB Financial shareholder will get $54.20, comprising 1.45 shares of Fifth Third common stock and $5.54 in cash, a 24 percent premium to MB Financial's last close. Shares of MB Financial were up 14 percent at $49.75 in early trade, while Fifth Third shares were down 7.2 percent at $31.12. D.A. Davidson analyst Kevin Reevey said that Fifth Third was limited in their ability to expand in Ohio and that the acquisition of Chicago-based MB Financial was the most logical move for them, from a geographical standpoint, in order to expand their deposit franchise.

  • MarketWatch6 days ago

    Fifth Third's stock tumbles as high price of MB Financial buyout turns Instinet analyst bearish

    Shares of Fifth Third Bancorp tumbled 8.2% in afternoon trade Monday, putting them on track for the biggest one-day selloff in two years, after the regional bank's deal to buy MB Financial Inc. in a $4.7 billion deal pushed Instinet analyst Bill Carcache to turn bearish. Carcache cut his rating to reduce, after being at neutral since January 2017, and slashed his stock price target to $31 from $36, as he said the deal represents a "painful blow" to Fifth Third's existing shareholders. "At issue, in our view, is the high cost of the [MB Financial] acquisition," Carcache wrote in a note to clients.

  • Reuters6 days ago

    Fifth Third Bancorp pays $4.7 bln for MB Financial's Chicago muscle

    U.S. regional bank Fifth Third Bancorp has agreed to buy smaller rival MB Financial Inc in a stock-and-cash deal valued at about $4.7 billion, as it looks to expand in Chicago and broaden its middle market customer base. As part of the deal announced on Monday, each MB Financial shareholder will get $54.20, comprising 1.45 shares of Fifth Third common stock and $5.54 in cash, a 24 percent premium to MB Financial's last close. Shares of MB Financial were up 14 percent at $49.75 in early trade, while Fifth Third shares were down 7.2 percent at $31.12.

  • Fifth Third stock falls as analysts critique Chicago acquisition
    American City Business Journals6 days ago

    Fifth Third stock falls as analysts critique Chicago acquisition

    The investment community was surprised that Fifth Third Bancorp is making a big acquisition of a Chicago bank in a deal announced Monday, but they were even more surprised by the price it'll pay.

  • MB Financial Inc Shares Soar on Fifth Third Merger News
    InvestorPlace6 days ago

    MB Financial Inc Shares Soar on Fifth Third Merger News

    The deal will have Fifth Third Bancorp using a mix of stock and cash to buyout MB Financial Inc. The total value of the offering is sitting at $4.7 billion, with the split between stock and cash being 90% and 10%, respectively. The offer for MB Financial Inc will have holders of MBFI stock receiving 1.45 shares of FITB stock and $5.54 in cash for each share that they own. “We expect our investment to generate an IRR of approximately 18.5 percent and to be accretive to our operating EPS in the first year, with accretion of nearly 7 percent in the second year, once cost savings are fully realized,” Greg Carmichael, Chairman, President and CEO of Fifth Third Bancorp, said in a statement.

  • Why MB Financial Stock Is Soaring Today
    Motley Fool6 days ago

    Why MB Financial Stock Is Soaring Today

    Banks are buying other banks again -- and paying high prices.

  • PR Newswire6 days ago

    Shareholder Alert: Ademi & O'Reilly, LLP Investigates whether MB Financial, Inc. has obtained a Fair Price in its Sale to Fifth Third

    MILWAUKEE , May 21, 2018 /PRNewswire/ -- Ademi & O'Reilly, LLP is investigating the Board of Directors of MB Financial, Inc. (NYSE: MBFI) for possible breaches of fiduciary duty and other violations of ...