Middlefield Banc (MBCN) Projected to Post Quarterly Earnings on Thursday

Middlefield Banc (NASDAQ:MBCN - Get Free Report) is projected to release its Q2 2025 earnings data before the market opens on Thursday, July 17th. Analysts expect Middlefield Banc to post earnings of $0.57 per share and revenue of $18.30 million for the quarter.

Middlefield Banc (NASDAQ:MBCN - Get Free Report) last released its earnings results on Thursday, April 24th. The bank reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.12. Middlefield Banc had a net margin of 14.78% and a return on equity of 7.69%. The company had revenue of $18.04 million for 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 Performance

NASDAQ MBCN traded down $0.95 on Friday, hitting $30.32. 4,981 shares of the company's stock traded hands, compared to its average volume of 9,885. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.05. Middlefield Banc has a 1-year low of $22.32 and a 1-year high of $34.00. The firm's 50-day moving average price is $29.65 and its two-hundred day moving average price is $27.28. The firm has a market capitalization of $244.99 million, a PE ratio of 15.08 and a beta of 0.41.

Middlefield Banc Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Shareholders of record on Friday, May 30th were paid a dividend of $0.21 per share. This represents a $0.84 annualized dividend and a yield of 2.77%. The ex-dividend date was Friday, May 30th. Middlefield Banc's payout ratio is 41.79%.

Hedge Funds Weigh In On Middlefield Banc

An institutional investor recently raised its position in Middlefield Banc stock. Empowered Funds LLC lifted its position in Middlefield Banc Corp. (NASDAQ:MBCN - Free Report) by 3.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,863 shares of the bank's stock after purchasing an additional 598 shares during the period. Empowered Funds LLC owned about 0.22% of Middlefield Banc worth $499,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors own 31.72% of the company's stock.

Analyst Upgrades and Downgrades

MBCN has been the subject of several research reports. Keefe, Bruyette & Woods lifted their price objective on shares of Middlefield Banc from $30.00 to $32.00 and gave the company a "market perform" rating in a research note on Friday. Wall Street Zen upgraded shares of Middlefield Banc from a "sell" rating to a "hold" rating in a research note on Thursday, April 17th.

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.