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Mutualfirst Financial Inc  (MFSF)
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    Sector  Financial    Industry Regional Banks
 
 

EARNINGS REPORT by CSIMarket

Revenues and Profits Increased


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Mutualfirst Financial Inc announced forth quarter 2016 operating income of $7.447 millions



Mutualfirst Financial Inc reported moderate Revenue growth of 2.92 % to $16 millions in the forth quarter 2016, earnings grew modestly by 0.25 % to $0.43 year on year.

Revenue decreased by -1.67 % from $16 millions in preceding period, income eps decreased by -8.42 % from $0.47 per share.

Net income of $3 millions in the forth quarter 2016 fell by -3.03 % from $3 millions in the corresponding period a year before. Mutualfirst Financial Inc shifted it's focus on improving sales in the forth quarter 2016, as a result net margin eased to 20.51%.
Looking into financial results for the fiscal year 2016, Mutualfirst Financial Inc reported Revenues of $63 millions and net income of $13 millions.

Regional Banks Company explained also, that Income improved by 8.64 % to $1.76 per share from $1.62 in the previous fiscal year, while Revenues increased by 5.23 % from $60 millions a year ago.

Mutualfirst Financial Inc is expected to report next financial results on February 15, 2018.
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