Middlefield Banc (MBCN) to Release Earnings on Thursday

Middlefield Banc (NASDAQ:MBCN - Get Free Report) is projected to announce its Q1 2025 earnings results before the market opens on Thursday, April 24th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $17.23 million for the quarter.

Middlefield Banc (NASDAQ:MBCN - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.12. Middlefield Banc had a net margin of 14.31% and a return on equity of 7.47%. The company had revenue of $18.04 million during the quarter, compared to the consensus estimate of $17.23 million. 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 Up 0.9 %

Shares of MBCN stock traded up $0.24 during trading hours on Friday, hitting $25.72. 7,166 shares of the company were exchanged, compared to its average volume of 9,956. The business has a 50 day moving average of $25.74 and a two-hundred day moving average of $27.51. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.06. Middlefield Banc has a 52 week low of $20.61 and a 52 week high of $34.00. The company has a market capitalization of $207.84 million, a PE ratio of 13.40 and a beta of 0.41.

Middlefield Banc Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were given a dividend of $0.21 per share. This is an increase from Middlefield Banc's previous quarterly dividend of $0.20. The ex-dividend date was Friday, February 28th. This represents a $0.84 annualized dividend and a dividend yield of 3.27%. Middlefield Banc's dividend payout ratio is currently 43.75%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on MBCN. StockNews.com raised shares of Middlefield Banc from a "sell" rating to a "hold" rating in a research report on Thursday, April 17th. Hovde Group lowered their target price on 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.

About Middlefield Banc

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.