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Stock Market & Financial Investment News

News Breaks
December 28, 2012
15:04 EDTMBFIMB Financial acquires privately held Celtic Leasing
MB Financial Bank, the wholly-owned subsidiary of MB Financial,announced that it has acquired Celtic Leasing, a privately held, mid-ticket equipment leasing company. In recent years Celticís lease originations have ranged from $75M to $100M on an annual basis. Celtic's CEO, Todd Meyer, and his management team will continue to lead the company. Celtic will operate as a wholly owned subsidiary of MB Financial Bank. The all-cash transaction closed today and is expected to be modestly accretive to MBFI's 2013 earnings.
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July 25, 2014
05:14 EDTMBFIMB Financial receives OCC approval for pending merger
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July 24, 2014
05:02 EDTMBFIMB Financial reports Q2 EPS 42c, consensus 39c
Reports Q2 book value per share $24.73. Reports Q2 Tier 1 capital ratio 15.92%. Reports Q2 net charge-offs 0.18%.

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