MBFI - MB Financial, Inc.
| Previous Close | 49.55 |
| Open | 49.79 |
| Bid | 0.01 x 800 |
| Ask | 51.11 x 900 |
| Day's Range | 48.59 - 49.87 |
| 52 Week Range | 38.28 - 51.59 |
| Volume | 1,051,325 |
| Avg. Volume | 782,634 |
| Market Cap | 4.07B |
| Beta | 0.64 |
| PE Ratio (TTM) | 13.25 |
| EPS (TTM) | 3.68 |
| Earnings Date | Jul 18, 2018 - Jul 23, 2018 |
| Forward Dividend & Yield | 0.96 (1.94%) |
| Ex-Dividend Date | 2018-06-14 |
| 1y Target Est | 50.52 |
- American City Business Journals•4 days ago
Other banks could follow HomeStreet's mortgage retreat
The challenges of low inventory and rising interest rates aren't unique to the Seattle-based bank, industry experts warn, and could mean more layoffs and office closures to come.
- Simply Wall St.•4 days ago
Intrinsic Calculation For MB Financial Inc (NASDAQ:MBFI) Shows Investors Are Overpaying
One of the most difficult industry to value is banking, given that they adhere to different rules compared to other companies. Banks, for example, must hold certain levels of tieredRead More...
- Benzinga•11 days ago
Fifth Third Is Worth A Premium Despite Sluggish Loan Growth, Argus Says In Bullish Initiation
Strong fee income, a better efficiency ratio than peers and credit quality are behind Argus' bullish Fifth Third Bancorp (NASDAQ: FITB ) thesis. The Analyst Argus analyst Stephen Biggar initiated coverage ...
- Business Wire•13 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.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC are investigating the proposed sale of MB Financial, Inc. to Fifth Third Bancorp .
- PR Newswire•20 days ago
Lifshitz & Miller LLP Announces Investigation of DCT Industrial Trust Inc., FleetCor Technologies, Inc., Guaranty Bancorp, ILG, Inc., LaSalle Hotel Properties, MB Financial, Inc., and Williams Partners L.P.
NEW YORK , June 5, 2018 /PRNewswire/ -- DCT Industrial Trust Inc. (DCT) Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of DCT ...
- Barrons.com•last month
[$$] 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.
- GlobeNewswire•last month
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.
- Zacks•last month
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's•last month
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.
- ACCESSWIRE•last month
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.
- PR Newswire•last month
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 ...
- PR Newswire•last month
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 ...
- Benzinga•last month
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.com•last month
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 Wire•last month
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.
- Zacks•last month
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.
- Zacks•last month
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 Journal•last month
[$$] 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 Journal•last month
[$$] 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.
- Business Wire•last month
MB FINANCIAL, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Merger
Rigrodsky & Long, P.A.:
- Motley Fool•last month
Why Denbury Resources, MB Financial, and World Wrestling Entertainment Jumped Today
Learn which of these companies made smart deals today.
- Reuters•last month
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.
