NASDAQ:MBCN Middlefield Banc (MBCN) Stock Forecast, Price & News $27.68 +1.19 (+4.49%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$26.49▼$27.7950-Day Range$22.33▼$28.4252-Week Range$22.09▼$30.00Volume20,633 shsAverage Volume13,053 shsMarket Capitalization$223.93 millionP/E Ratio10.81Dividend Yield2.89%Price TargetN/A ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Middlefield Banc MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.49% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-2.83%From $2.47 to $2.40 Per ShareSee Full Details Hide Full Details 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 starsFinancial Services Sector9th out of 11 stocksBanks—Regional Industry5th out of 7 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Middlefield Banc. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.49% of the outstanding shares of Middlefield Banc have been sold short.Short Interest Ratio / Days to CoverMiddlefield Banc has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Middlefield Banc has recently decreased by 46.02%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldMiddlefield Banc pays a meaningful dividend of 2.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthMiddlefield Banc has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Middlefield Banc is 31.25%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Middlefield Banc will have a dividend payout ratio of 33.33% next year. This indicates that Middlefield Banc will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MBCN. Previous Next 2.0 News and Social Media Coverage News SentimentMiddlefield Banc has a news sentiment score of 0.52. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.39 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Middlefield Banc this week, compared to 1 article on an average week. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Middlefield Banc insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.91% of the stock of Middlefield Banc is held by insiders.Percentage Held by InstitutionsOnly 38.43% of the stock of Middlefield Banc is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Middlefield Banc are expected to decrease by -2.83% in the coming year, from $2.47 to $2.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Middlefield Banc is 10.81, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.89.Price to Earnings Ratio vs. SectorThe P/E ratio of Middlefield Banc is 10.81, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 94.37.Price to Book Value per Share RatioMiddlefield Banc has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Middlefield Banc (NASDAQ:MBCN) StockMiddlefield 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.Read More Receive MBCN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Middlefield Banc and its competitors with MarketBeat's FREE daily newsletter. Email Address MBCN Stock News HeadlinesMay 30, 2023 | americanbankingnews.comMiddlefield Banc Corp. (NASDAQ:MBCN) Announces $0.20 Quarterly DividendMay 26, 2023 | americanbankingnews.comMiddlefield Banc Corp. (NASDAQ:MBCN) Short Interest UpdateJune 7, 2023 | Edge On The Street (Ad)146 Pounds of Graphite Needed for Each EVGraphite - 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.May 25, 2023 | finance.yahoo.comMiddlefield Banc Corp. is Set to Join Russell 3000® IndexMay 18, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Middlefield Banc (NASDAQ:MBCN)May 18, 2023 | americanbankingnews.comMiddlefield Banc (NASDAQ:MBCN) vs. Cathay General Bancorp (NASDAQ:CATY) Head to Head ComparisonMay 17, 2023 | finance.yahoo.comInvesting in Middlefield Banc (NASDAQ:MBCN) three years ago would have delivered you a 36% gainMay 11, 2023 | msn.comMiddlefield Banc (MBCN) Declares $0.20 DividendJune 7, 2023 | Edge On The Street (Ad)The $193 Billion US-China War You Don't Know AboutThey'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.May 9, 2023 | finance.yahoo.comMiddlefield Banc Corp. Announces 2023 Second-Quarter Cash Dividend PaymentApril 28, 2023 | americanbankingnews.comMiddlefield Banc Corp. (NASDAQ:MBCN) Sees Large Increase in Short InterestApril 26, 2023 | americanbankingnews.comMiddlefield Banc (NASDAQ:MBCN) Releases Quarterly Earnings ResultsApril 25, 2023 | finance.yahoo.comMiddlefield Banc Corp. (MBCN) Q1 Earnings and Revenues Lag EstimatesApril 24, 2023 | marketwatch.com8-K: MIDDLEFIELD BANC CORPApril 24, 2023 | finance.yahoo.comMiddlefield Banc Corp. Reports 2023 First Quarter Financial ResultsApril 18, 2023 | americanbankingnews.comMiddlefield Banc (MBCN) to Release Earnings on WednesdayApril 18, 2023 | americanbankingnews.comMiddlefield Banc (MBCN) Set to Announce Quarterly Earnings on WednesdayApril 1, 2023 | americanbankingnews.comMiddlefield Banc (NASDAQ:MBCN) Cut to "Sell" at StockNews.comFebruary 26, 2023 | finance.yahoo.comThere's A Lot To Like About Middlefield Banc's (NASDAQ:MBCN) Upcoming US$0.20 DividendFebruary 15, 2023 | msn.comMiddlefield Banc declares $0.20 dividendFebruary 14, 2023 | finance.yahoo.comMiddlefield Banc picks new chief financial officerFebruary 14, 2023 | finance.yahoo.comMiddlefield Banc Corp. Announces 2023 First-Quarter Cash Dividend PaymentFebruary 14, 2023 | finance.yahoo.comMiddlefield Banc Corp. Announces 2023 First-Quarter Cash Dividend PaymentFebruary 13, 2023 | finance.yahoo.comMiddlefield Banc Corp.’s Chief Financial Officer Donald L. Stacy Announces Retirement; Middlefield Banc Corp.’s Michael C. Ranttila Named as SuccessorJanuary 28, 2023 | finance.yahoo.comMiddlefield Banc Full Year 2022 Earnings: Misses ExpectationsJanuary 27, 2023 | finance.yahoo.comMiddlefield Banc Corp. Reports 2022 Full Year Financial ResultsDecember 15, 2022 | finance.yahoo.comWhile institutions own 20% of Middlefield Banc Corp. (NASDAQ:MBCN), individual investors are its largest shareholders with 37% ownershipSee More Headlines MBCN Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MBCN Company Calendar Ex-Dividend for 3/15 Dividend3/02/2023Dividend Payable3/15/2023Last Earnings4/24/2023Ex-Dividend for 6/15 Dividend6/01/2023Today6/06/2023Dividend Payable6/15/2023Next Earnings (Estimated)7/17/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:MBCN CUSIPN/A CIK836147 Webwww.middlefieldbank.bank Phone(440) 632-1666FaxN/AEmployees185Year Founded1901Profitability EPS (Most Recent Fiscal Year)$2.56 Trailing P/E Ratio10.81 Forward P/E Ratio11.21 P/E GrowthN/ANet Income$15.67 million Net Margins23.92% Pretax Margin28.83% Return on Equity11.45% Return on Assets1.22% Debt Debt-to-Equity Ratio0.06 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$61.65 million Price / Sales3.63 Cash Flow$3.39 per share Price / Cash Flow8.16 Book Value$34.08 per share Price / Book0.81Miscellaneous Outstanding Shares8,090,000Free Float7,773,000Market Cap$223.93 million OptionableNot Optionable Beta0.54 Social Links Key ExecutivesJames R. HeslopChief Executive Officer & DirectorRonald L. ZimmerlyPresident & DirectorDonald L. StacyChief Financial Officer, Treasurer & Senior VPTeresa M. HetrickExecutive VP-Operations & AdministrationMichael C. RanttilaVice President-FinanceKey CompetitorsBayComNASDAQ:BCMLPCB BancorpNASDAQ:PCBFirst BankNASDAQ:FRBAUSCB FinancialNASDAQ:USCBOrrstown Financial ServicesNASDAQ:ORRFView All CompetitorsInstitutional OwnershipGeode Capital Management LLCBought 20,952 shares on 5/16/2023Ownership: 0.878%Susquehanna International Group LLPBought 40,215 shares on 5/16/2023Ownership: 0.628%State Street CorpBought 1,800 shares on 5/16/2023Ownership: 0.241%Jane Street Group LLCBought 16,954 shares on 5/16/2023Ownership: 0.210%Susquehanna Fundamental Investments LLCSold 4,127 shares on 5/16/2023Ownership: 0.146%View All Institutional Transactions 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Middlefield Banc investors own include Canadian Imperial Bank of Commerce (CM), General Motors (GM), Wells Fargo & Company (WFC), AbbVie (ABBV), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN), Bank of Nova Scotia (BNS), British American Tobacco (BTI) and Carnival Co. & (CCL). 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Middlefield Banc Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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