Middlefield Banc (MBCN) Projected to Post Earnings on Tuesday

Middlefield Banc (NASDAQ:MBCN - Get Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect Middlefield Banc to post earnings of $0.48 per share and revenue of $17.23 million for the quarter.

Middlefield Banc (NASDAQ:MBCN - Get Free Report) last posted its quarterly earnings results on Thursday, January 23rd. The bank reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.14. Middlefield Banc had a net margin of 14.31% and a return on equity of 7.47%. On average, analysts expect Middlefield Banc to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Middlefield Banc Stock Performance

Shares of NASDAQ MBCN opened at $23.98 on Tuesday. The company has a market capitalization of $193.78 million, a P/E ratio of 12.49 and a beta of 0.41. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.97 and a quick ratio of 0.97. Middlefield Banc has a one year low of $20.61 and a one year high of $34.00. The business's 50-day moving average price is $25.81 and its two-hundred day moving average price is $27.59.

Middlefield Banc Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Shareholders of record on Friday, February 28th were given a $0.21 dividend. The ex-dividend date was Friday, February 28th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 3.50%. This is a boost from Middlefield Banc's previous quarterly dividend of $0.20. Middlefield Banc's payout ratio is currently 43.75%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MBCN shares. StockNews.com raised Middlefield Banc from a "sell" rating to a "hold" rating in a report on Thursday, April 17th. Hovde Group dropped their target price on shares of Middlefield Banc from $28.00 to $25.00 and set a "market perform" rating on the stock in a research report on Monday, January 27th.

Middlefield Banc Company Profile

Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. It offers checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers' checks.

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