MB Financial Inc (MBFI) Insider Brian J. Wildman Sells 14,683 Shares

MB Financial Inc (NASDAQ:MBFI) insider Brian J. Wildman sold 14,683 shares of the business’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of $45.10, for a total value of $662,203.30. Following the sale, the insider now owns 29,260 shares in the company, valued at $1,319,626. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NASDAQ:MBFI opened at $45.81 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.21. MB Financial Inc has a 52-week low of $39.15 and a 52-week high of $51.59. The firm has a market capitalization of $3.85 billion, a PE ratio of 19.17, a P/E/G ratio of 1.56 and a beta of 0.98.

MB Financial (NASDAQ:MBFI) last issued its quarterly earnings data on Tuesday, October 23rd. The bank reported $0.60 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.75 by ($0.15). MB Financial had a net margin of 26.11% and a return on equity of 7.48%. The company had revenue of $241.69 million during the quarter, compared to analysts’ expectations of $238.85 million. During the same quarter in the prior year, the company earned $0.72 earnings per share. On average, equities analysts anticipate that MB Financial Inc will post 2.8 EPS for the current fiscal year.

A number of analysts have commented on the company. Zacks Investment Research upgraded MB Financial from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a research report on Thursday, September 20th. Raymond James upgraded MB Financial from a “market perform” rating to an “outperform” rating in a research report on Wednesday, October 31st. Finally, BidaskClub upgraded MB Financial from a “strong sell” rating to a “sell” rating in a research report on Friday, October 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and one has given a buy rating to the company. MB Financial has an average rating of “Hold” and a consensus target price of $48.31.

Large investors have recently modified their holdings of the company. FMR LLC purchased a new stake in shares of MB Financial in the third quarter valued at $109,000. Wolverine Asset Management LLC purchased a new stake in shares of MB Financial in the second quarter valued at $172,000. Trilogy Capital Inc. acquired a new position in MB Financial in the third quarter valued at $195,000. Gideon Capital Advisors Inc. acquired a new position in MB Financial in the second quarter valued at $219,000. Finally, Nomura Holdings Inc. acquired a new position in MB Financial in the second quarter valued at $252,000. Institutional investors and hedge funds own 73.58% of the company’s stock.

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About MB Financial

MB Financial, Inc operates as a bank holding company for MB Financial Bank, N.A. that provides various financial services to small and middle market businesses, and individuals in the United States. The company operates through three segments: Banking, Leasing, and Mortgage Banking. The Banking segment offers commercial banking products, including working capital loans and lines of credit; accounts receivable financing; inventory and equipment financing; industrial revenue bond financing; ESOP financing; business acquisition loans; owner occupied real estate loans; asset-based loans; and financial, performance, and commercial letters of credit.

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