Merchants Bancshares,Inc. (NASDAQ:MBVT) Files An 8-K Results of Operations and Financial Condition

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Merchants Bancshares,Inc. (NASDAQ:MBVT) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition

On April 20, 2017, Merchants Bancshares, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2017. Additionally, the Company announced the approval by its Board of Directors of a regular quarterly dividend of $0.28 per share on the Company’s common stock payable on May 10, 2017 to stockholders of record on May 1, 2017. The text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

The following exhibit is included with this report:

(d)   Exhibits.

99.1 Press Release dated April 20, 2017


About Merchants Bancshares, Inc. (NASDAQ:MBVT)

Merchants Bancshares, Inc. is a bank holding company. The Company’s subsidiary, Merchants Bank (the Bank), is a commercial bank. The Bank offers a range of deposit, loan, cash management and trust services to meet the financial needs of individual consumers, businesses and municipalities. Merchants Bank’s trust division offers investment management, financial planning and trustee services. The Bank offers commercial, financial and agricultural loans, municipal loans, residential real estate loans, commercial real estate loans, construction real estate loans and consumer installment loans for various personal needs, including vehicle and boat financing. The Bank’s deposits include demand; savings and interest bearing checking and money market accounts, and time deposits.

Merchants Bancshares, Inc. (NASDAQ:MBVT) Recent Trading Information

Merchants Bancshares, Inc. (NASDAQ:MBVT) closed its last trading session up +0.70 at 48.70 with 17,565 shares trading hands.