MBT Financial (MBTF) Q3 2012 Results, Profit More than Double Y-O-Y

crwenewsire_co_uk

http://pennyomega.com/img/mbtf.jpg MBTF, MBT Financial Corp.

** For the third quarter of 2012, MBTF posted net profit of $1,388,000, or $0.08 per share (basic and diluted), compared to the profit of $632,000, or $0.04 per share (basic and diluted) in the same period the prior year.

The year to date profit is $2,858,000, or $0.16 per share (basic and diluted), compared to a loss of $4,193,000, or $0.24 per share in the first three quarters of 2011.

This is the fifth consecutive quarterly profit for MBTF.

http://pennyomega.com/img/mbtf_chart.jpg

MBTF, a single bank holding company headquartered in Monroe, Michigan, is the parent company of Monroe Bank & Trust (MBT).

More about MBTF at www.mbandt.com

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Tags: Financial, MBT, Nasdaq:MBTF

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