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Merchants Bancshares Inc (MBVT.OQ)

MBVT.OQ on NASDAQ Stock Exchange Global Select Market

49.00USD
1:44pm EDT
Change (% chg)

$1.30 (+2.73%)
Prev Close
$47.70
Open
$47.70
Day's High
$49.05
Day's Low
$47.70
Volume
2,199
Avg. Vol
6,664
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$54.75
52-wk Low
$28.30

Latest Key Developments (Source: Significant Developments)

Merchants Bancshares Inc reports fourth quarter and year end 2016 results
Thursday, 26 Jan 2017 04:01pm EST 

Merchants Bancshares Inc : Merchants Bancshares Inc reports fourth quarter and year end 2016 results; declares dividend . Q4 adjusted earnings per share $0.73 excluding items . Merchants Bancshares- taxable equivalent net interest income was $14.4 million for Q4 of 2016, consistent with linked quarter,increase of $1.1 million over same period in 2015 .Merchants Bancshares Inc- taxable equivalent net interest margin for Q4 of 2016 was 2.98pct, a decrease of 5 basis points over linked quarter.  Full Article

Merchants Bancshares to pay Community Bank termination fee of $10.7 mln
Thursday, 27 Oct 2016 05:04pm EDT 

Merchants Bancshares Inc :If deal is terminated under some circumstances relating to 3rd party takeover offer,co to pay Community Bank termination fee of $10.7 million.  Full Article

Merchants Bancshares Q2 earnings per share $0.63
Thursday, 21 Jul 2016 04:01pm EDT 

Merchants Bancshares Inc : Merchants Bancshares Inc reports second quarter EPS of $0.63; declares dividend . Q2 earnings per share $0.63 . Q2 earnings per share view $0.57 -- Thomson Reuters I/B/E/S .Qtrly net interest income on a fully-taxable basis was $14.4 million VA to $14.3 million for quarter ending March 31, 2016.  Full Article

Merchants Bancshares Inc announces dividend
Thursday, 21 Jan 2016 04:01pm EST 

Merchants Bancshares Inc:Board of Directors approved a dividend of $0.28 per share, payable February 18, 2016, to stockholders of record date as of February 4.  Full Article

Merchants Bancshares, Inc announces completion of merger with NUVO Bank & Trust Company
Friday, 4 Dec 2015 05:01pm EST 

Merchants Bancshares, Inc:Says completion of the merger of NUVO Bank & Trust Company (NUVO.Says total compensation paid by Merchants for NUVO's outstanding stock is comprised of approximately 517,100 shares of common stock and $5.106 mln in cash.Merchants also paid an aggregate of about $878,000 to cash out NUVO stock options and a portion of its common stock warrants and issued replacement warrants to purchase Merchants common stock on adjusted terms.  Full Article

Merchants Bancshares, inc announces appointment of President and CEO
Tuesday, 24 Nov 2015 04:01pm EST 

Merchants Bancshares, Inc:Announces appointment of President and CEO.Says Geoffrey R. Hesslink appointed President and CEO.  Full Article

Merchants Bancshares approves dividend
Monday, 26 Oct 2015 04:00pm EDT 

Merchants Bancshares:Approved a dividend of $0.28 per share, payable Nov. 23, to shareholders of record as of Nov. 9.  Full Article

Merchants Bancshares announces dividend
Monday, 27 Jul 2015 04:07pm EDT 

Merchants Bancshares:Approved a dividend of $0.28 per share, payable August 21, 2015, to shareholders of record as of August 7, 2015.  Full Article

Merchants Bancshares Inc to acquire NUVO Bank & Trust Company
Monday, 27 Apr 2015 04:01pm EDT 

Merchants Bancshares Inc:Signs definitive agreement to acquire NUVO Bank & Trust Company for about $21.8 million in stock and cash, which represents $7.15 per share.Says total consideration comprised of about 75 pct stock and 25 pct cash.Under the terms of the agreement shareholders of NUVO will be entitled to elect to receive either 0.2416 shares of merchants common stock or $7.15 in cash.Says closing of deal is anticipated to occur during Q4.  Full Article

Merchants Bancshares Inc announces payment of dividend
Monday, 27 Apr 2015 04:01pm EDT 

Merchants Bancshares Inc:Approves dividend of $0.28 per share.Payable on May 25 to shareholders of record date as of May 11.  Full Article

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