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MNBP: Merged with NexTier, Inc.; MNBP shareholders will receive $20 for every share of MNBP held.
FINRA deleted symbol:
https://otce.finra.org/otce/dailyList?viewType=Deletions
It hasn't even been a week and we're already on the cusp of pre-FS trading levels. That didn't take long...
It will be interesting to see what kind of volume this attracts, after a few weeks of trading with this new share structure... Remember the Boards goal with this FS was to "increase liquidity".
Book Value is about $24 a share... it's a treat when a bank is trading above that. Pre-split book value was $480.
A Forward split... thing did quite well today. 20 for 1.
Trading well above book value here today.
What’s up over here?
Someone Bidding for 941 Shares at $389.00 a share! That’s over $366,000!!!
Congratulations to anyone holding Mars before the record date... since I think I’m the only person on IHUB that bought this.
Cheers!!!!!
It’s Happy Happy Days if you’re a Mars Bank Investor!!!!
PS: It’s a hoot chattin’ with yourself on a board.
Wish I noticed this June 1st!!! sheeeeesh
Overall this is great news for people who were shareholders before the record date. :)
Would have been nice if they just left the share structure alone. Pfffff
Whelp, I'm a little late on this news... but this explains the volume the last few days, and why so many big blocks showed up exiting their positions.
I preferred the share structure as is... and the tiny share structure was the reason I invested in the first place...
Lets see if it actually accomplishes what the Board intended... increasing liquidity and increasing investor interest... From a personal standpoint it accomplishes the opposite.
Mars Bancorp, MNBP, Declares 20-For-1 Stock Split. (6/1/21)
https://investors.marsbank.com/press-releases/default.aspx
Looks like some of the 400 share block got gobbled up today...
318 in Volume.
400 Share Road Block Posted @ $410.00
Shhheeeeeezzz
Mars Bancorp, Announces Earnings
April 27, 2021
MARS, PENNSYLVANIA – Mars Bancorp, Inc. (OTCQX: MNBP) (the “Company”) announced today that for the three months ended March 31, 2021, the Company earned $526,000 as compared to $315,000 for the same period in the prior year, an increase of $211,000 or 66.8%.
https://www.marsbank.com/mars-bancorp-inc-announces-earnings-16/
Bank Reviews From DepositAccounts.com:
Mars Bank: https://www.depositaccounts.com/banks/mars-bank.html
Bank Tracker's Investigative Reporting Workshop:
Mars Bank: https://banktracker.investigativereportingworkshop.org/bank/7910/mars-bank/
Mars Bancorp, Announces Earnings
February 26, 2021
MARS, PENNSYLVANIA – Mars Bancorp, Inc. (OTCQX: MNBP) (the “Company”) announced
today that for the twelve months ended December 31, 2020, the Company earned $1,985,000 as
compared to $1,833,000 for the same period in the prior year, an increase of $152,000 or 8.3%.
https://investors.marsbank.com/corporate-information/corporate-profile/default.aspx
Mars Bancorp, Increases Quarterly Dividend
January 29, 2021
MARS, PENNSYLVANIA – Mars Bancorp, Inc. (OTCQX: MNBP) today announced that its
Board of Directors approved an increase in its quarterly cash dividend to $3.15 per share. The
dividend is payable on February 26, 2021, to shareholders of record as of the close of business on
February 12, 2021.
https://investors.marsbank.com/corporate-information/corporate-profile/default.aspx
Butler County bank changes its name, federal charter
Mars National Bank in Mars, Butler County, changed its name to Mars Bank after switching from a federally-chartered to state-chartered institution in June. The change will not affect the way the bank operates with customers. Customer checks and debit cards will only be replaced with ones bearing the new name as part of the normal reorder or renewal process, the bank said in a note to customers. The institution will continue to be insured by the Federal Deposit Insurance Corp.
http://www.post-gazette.com/business/news-briefs/2017/07/13/Business-briefs-Mars-National-Bank-Butler-County-bank-changes-its-name-federal-charter/stories/201707130061
A Single Transaction for +$400,000 (1/9/17)
*1,054 Shares Traded at $381.00 Per Share
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145 Grand Avenue
P.O. Box 927
Mars, PA 16046
(724) 625-1555
Security Details
Authorized Shares: 4,000,000
Outstanding Shares: 80,000
Float: 37,436
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