Middlefield Banc (MBCN) Expected to Announce Quarterly Earnings on Thursday

Middlefield Banc (NASDAQ:MBCN - Get Free Report) is projected to post its Q2 2025 quarterly earnings results 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, beating the consensus estimate of $0.48 by $0.12. Middlefield Banc had a return on equity of 7.69% and a net margin of 14.78%. The company had revenue of $18.04 million for the quarter, compared to analysts' expectations 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 Down 2.8%

NASDAQ:MBCN traded down $0.89 on Friday, hitting $30.38. 1,224 shares of the company's stock traded hands, compared to its average volume of 9,887. 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 $22.02 and a 1 year high of $34.00. The firm has a 50-day moving average price of $29.63 and a 200-day moving average price of $27.28. The company has a market cap of $245.49 million, a PE ratio of 15.12 and a beta of 0.41.

Middlefield Banc Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.84 annualized dividend and a yield of 2.76%. Middlefield Banc's dividend payout ratio (DPR) is presently 41.79%.

Institutional Investors Weigh In On Middlefield Banc

A hedge fund recently raised its stake in Middlefield Banc stock. Empowered Funds LLC grew its holdings in Middlefield Banc Corp. (NASDAQ:MBCN - Free Report) by 3.5% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,863 shares of the bank's stock after acquiring an additional 598 shares during the quarter. Empowered Funds LLC owned 0.22% of Middlefield Banc worth $499,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 31.72% of the company's stock.

Analysts Set New Price Targets

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

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.