Mb Financial Inc /md (MBFI) Files Form 4 Insider Selling : John Francoeur Sells 9,078 Shares

Mb Financial Inc /md (MBFI): John Francoeur , Chief Accounting Officer of Mb Financial Inc /md sold 9,078 shares on Apr 21, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $35.08 per share for a total value of $318,371.75 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 22, 2016, Jill E York (Vice President and CFO) sold 5,000 shares at $35.24 per share price.On Mar 8, 2016, Thomas H Harvey (director) sold 10,000 shares at $32.27 per share price.Also, On Mar 3, 2016, Karen J May (director) sold 2,911 shares at $31.88 per share price.On Nov 27, 2015, Brian J Wildman (other) sold 3,000 shares at $35.63 per share price.

Shares of MB Financial Inc (MBFI) ended Wednesday, Apr 20, 2016 session in red amid volatile trading. The shares closed down -0.25 points or -0.71% at $35.06 with 4,04,048 shares getting traded. Post opening the session at $35.46, the shares hit an intraday low of $34.85 and an intraday high of $35.67 and the price vacillated in this range throughout the day. The company has a market cap of $2,583 M and the number of outstanding shares has been calculated to be 7,36,81,692 shares. The 52-week high of MB Financial Inc is $36.2299 and the 52-week low is $27.98.

MB Financial Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.MB Financial Inc is Reiterated by Hovde Group to Market Perform while Lowering the Price Target of the company shares to $ 31 from a previous price target of $37 . The Rating was issued on Jan 26, 2016.

MB Financial Inc. (MB Financial) is a financial holding company. Through its bank subsidiary MB Financial Bank N.A. (MB Financial Bank) the Company offers financial services to small and middle market businesses and individuals in the markets that it serves. Its primary business segments include banking leasing and mortgage banking. It makes commercial loans to middle market businesses located in the Chicago area. Loan products offered by it are primarily working capital term loans and lines of credit that help its customers finance accounts receivable inventory and equipment. It also offers financial performance and commercial letters of credit. It originates commercial real estate loans that are secured by multi-unit residential property and owner and non-owner occupied commercial and industrial property. Its consumer loan portfolio is focused on indirect vehicle loans through a network of motorcycle power sports recreational vehicles and marine dealers.

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