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MBFI Stock - MB Financial Inc.


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MBFI Profile

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MB Financial Inc. (MBFI) is a financial holding company headquartered in Chicago, Illinois, United States. It operates as a bank holding company for MB Financial Bank, N.A. which provides commercial banking, retail banking, and wealth management services to businesses and individuals.

MBFI's commercial banking services include commercial lending, treasury management, and deposit products. Its retail banking services include personal banking, consumer lending, and mortgage services. The bank also provides wealth management services such as investment management, financial planning, and retirement planning.

As of December 31, 2021, MB Financial Bank had total assets of $22.3 billion, total loans of $12.8 billion, and total deposits of $19.9 billion. MBFI's stock is traded on the NASDAQ stock exchange under the ticker symbol MBFI.

In October 2018, Fifth Third Bancorp completed its acquisition of MB Financial, making it a wholly-owned subsidiary of Fifth Third Bancorp. The acquisition allowed Fifth Third Bancorp to expand its presence in the Midwest region of the United States.

Overall, MB Financial Inc. is a well-established financial holding company with a strong presence in commercial banking, retail banking, and wealth management services. Its acquisition by Fifth Third Bancorp further strengthens its position in the financial service



 

 
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