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S&P 500   4,283.85
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High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
3 Reasons The Wayfair Rally Is Way Overdone
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Stock market today: World stocks mixed as Wall St inches toward bull market
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Tesla: How and Why It Gets To $300
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
3 Reasons The Wayfair Rally Is Way Overdone
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Stock market today: World stocks mixed as Wall St inches toward bull market
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Tesla: How and Why It Gets To $300
S&P 500   4,283.85
DOW   33,573.28
QQQ   354.84
High Dividend REITs: Are They an Ideal Way to Diversify?
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Is Frontline's 20% Dividend Too Good To Be True?
3 Reasons The Wayfair Rally Is Way Overdone
Nevada Desert more Valuable than Wall Street or Silicon Valley? (Ad)
Stock market today: World stocks mixed as Wall St inches toward bull market
Wheat prices jump following collapse of major dam in southern Ukraine
The $193 Billion US-China War You Don't Know About (Ad)
Here’s What’s Driving the Price of Carvana Higher
Tesla: How and Why It Gets To $300
NASDAQ:MBCN

Middlefield Banc (MBCN) Stock Forecast, Price & News

$27.68
+1.19 (+4.49%)
(As of 06/6/2023 ET)
Compare
Today's Range
$26.49
$27.79
50-Day Range
$22.33
$28.42
52-Week Range
$22.09
$30.00
Volume
20,633 shs
Average Volume
13,053 shs
Market Capitalization
$223.93 million
P/E Ratio
10.81
Dividend Yield
2.89%
Price Target
N/A

Middlefield Banc MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.49% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-2.83%
From $2.47 to $2.40 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Financial Services Sector

9th out of 11 stocks

Banks—Regional Industry

5th out of 7 stocks


MBCN stock logo

About Middlefield Banc (NASDAQ:MBCN) Stock

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 provides 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. The company also offers operational and working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. In addition, the company resolves and disposes troubled assets in Ohio. Further, it provides official checks, money orders, ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. The company was founded in 1901 and is headquartered in Middlefield, Ohio.

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MBCN Stock News Headlines

Middlefield Banc Corp. (NASDAQ:MBCN) Short Interest Update
146 Pounds of Graphite Needed for Each EV
Graphite - not lithium - is the largest component of lithium-ion batteries used in electric vehicles. That's why 97 more graphite mines will be needed by 2035 just to keep up with battery demand for the $7 trillion EV market.
The $193 Billion US-China War You Don't Know About
They're fighting for control of lithium – a key ingredient in EVs and clean energy technology. It's arguably the most important commodity of the 21st century. China owns 80% of global supply. But the US plans to grab a massive slice of the lithium market, which is forecasted to quadruple to $193 billion by 2028, according to Fortune Business Insights.
8-K: MIDDLEFIELD BANC CORP
Middlefield Banc (MBCN) to Release Earnings on Wednesday
Middlefield Banc (NASDAQ:MBCN) Cut to "Sell" at StockNews.com
Middlefield Banc declares $0.20 dividend
Middlefield Banc picks new chief financial officer
See More Headlines

MBCN Price History

MBCN Company Calendar

Ex-Dividend for 3/15 Dividend
3/02/2023
Dividend Payable
3/15/2023
Last Earnings
4/24/2023
Ex-Dividend for 6/15 Dividend
6/01/2023
Today
6/06/2023
Dividend Payable
6/15/2023
Next Earnings (Estimated)
7/17/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:MBCN
Fax
N/A
Employees
185
Year Founded
1901

Profitability

Net Income
$15.67 million
Pretax Margin
28.83%

Debt

Sales & Book Value

Annual Sales
$61.65 million
Cash Flow
$3.39 per share
Book Value
$34.08 per share

Miscellaneous

Free Float
7,773,000
Market Cap
$223.93 million
Optionable
Not Optionable
Beta
0.54

Social Links


Key Executives

  • James R. Heslop
    Chief Executive Officer & Director
  • Ronald L. Zimmerly
    President & Director
  • Donald L. Stacy
    Chief Financial Officer, Treasurer & Senior VP
  • Teresa M. Hetrick
    Executive VP-Operations & Administration
  • Michael C. Ranttila
    Vice President-Finance













MBCN Stock - Frequently Asked Questions

Should I buy or sell Middlefield Banc stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Middlefield Banc in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MBCN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MBCN, but not buy additional shares or sell existing shares.
View MBCN analyst ratings
or view top-rated stocks.

How have MBCN shares performed in 2023?

Middlefield Banc's stock was trading at $27.40 at the beginning of the year. Since then, MBCN shares have increased by 1.0% and is now trading at $27.68.
View the best growth stocks for 2023 here
.

Are investors shorting Middlefield Banc?

Middlefield Banc saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 39,300 shares, a decrease of 46.0% from the April 30th total of 72,800 shares. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is currently 2.5 days.
View Middlefield Banc's Short Interest
.

When is Middlefield Banc's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 17th 2023.
View our MBCN earnings forecast
.

How were Middlefield Banc's earnings last quarter?

Middlefield Banc Corp. (NASDAQ:MBCN) posted its quarterly earnings data on Monday, April, 24th. The bank reported $0.60 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.04. The bank had revenue of $21.98 million for the quarter, compared to analyst estimates of $18.50 million. Middlefield Banc had a net margin of 23.92% and a trailing twelve-month return on equity of 11.45%.

How often does Middlefield Banc pay dividends? What is the dividend yield for Middlefield Banc?

Middlefield Banc declared a quarterly dividend on Monday, May 8th. Investors of record on Friday, June 2nd will be paid a dividend of $0.20 per share on Thursday, June 15th. This represents a $0.80 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for MBCN
.

Is Middlefield Banc a good dividend stock?

Middlefield Banc (NASDAQ:MBCN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.99%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MBCN will have a dividend payout ratio of 33.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MBCN.

When did Middlefield Banc's stock split?

Middlefield Banc's stock split on the morning of Monday, November 11th 2019. The 2-1 split was announced on Wednesday, October 9th 2019. The newly issued shares were distributed to shareholders after the closing bell on Friday, November 8th 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Thomas G. Caldwell's approval rating as Middlefield Banc's CEO?

1 employees have rated Middlefield Banc Chief Executive Officer Thomas G. Caldwell on Glassdoor.com. Thomas G. Caldwell has an approval rating of 100% among the company's employees. This puts Thomas G. Caldwell in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Middlefield Banc own?
What is Middlefield Banc's stock symbol?

Middlefield Banc trades on the NASDAQ under the ticker symbol "MBCN."

Who are Middlefield Banc's major shareholders?

Middlefield Banc's stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (1.05%), BlackRock Inc. (0.96%), Geode Capital Management LLC (0.88%), Susquehanna International Group LLP (0.63%), Ancora Advisors LLC (0.50%) and Renaissance Technologies LLC (0.49%).
View institutional ownership trends
.

How do I buy shares of Middlefield Banc?

Shares of MBCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Middlefield Banc's stock price today?

One share of MBCN stock can currently be purchased for approximately $27.68.

How much money does Middlefield Banc make?

Middlefield Banc (NASDAQ:MBCN) has a market capitalization of $223.93 million and generates $61.65 million in revenue each year. The bank earns $15.67 million in net income (profit) each year or $2.56 on an earnings per share basis.

How many employees does Middlefield Banc have?

The company employs 185 workers across the globe.

How can I contact Middlefield Banc?

Middlefield Banc's mailing address is 15985 E HIGH ST, MIDDLEFILED OH, 44062. The official website for the company is www.middlefieldbank.bank. The bank can be reached via phone at (440) 632-1666 or via email at investors@middlefieldbank.com.

This page (NASDAQ:MBCN) was last updated on 6/7/2023 by MarketBeat.com Staff

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