NASDAQ:MBCN - Middlefield Banc Stock Price, News, & Analysis

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$40.20 +0.74 (+1.88 %)

(As of 05/26/2019 03:15 AM ET)

Previous Close$40.20

Today's Range$39.40 - $40.32

52-Week Range$38.50 - $54.42

Volume4,881 shs

Average Volume3,170 shs

Market Capitalization$130.89 million

P/E Ratio10.50

Dividend Yield2.84%

Beta0.24

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 accepts checking, savings, negotiable order of withdrawal, and money market accounts, as well as time certificates of deposit and IRA accounts. The company 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. It also provides safe deposit facilities, travelers' and official checks, money orders, and ATM services; online banking and bill payment services to individuals; and online cash management services to business customers. In addition, the company resolves and disposes troubled assets in Ohio. As of January 17, 2019, it had 15 full-service banking centers and an LPL Financial brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Powell, Solon, Sunbury, Twinsburg, and Westerville, as well as a loan production office in Mentor, Ohio. The company was founded in 1901 and is headquartered in Middlefield, Ohio.

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Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:MBCN

Previous Symbol

CUSIPN/A

CIK836147

Webhttp://www.middlefieldbank.bank/

Phone440-632-1666

Debt

Debt-to-Equity Ratio0.09

Current Ratio1.00

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio10.50

Forward P/E Ratio10.13

P/E GrowthN/A

Sales & Book Value

Annual Sales$54.08 million

Price / Sales2.42

Cash Flow$4.2006 per share

Price / Cash Flow9.57

Book Value$40.44 per share

Price / Book0.99

Profitability

EPS (Most Recent Fiscal Year)$3.83

Net Income$12.43 million

Net Margins22.94%

Return on Equity10.13%

Return on Assets1.05%

Miscellaneous

Employees200

Outstanding Shares3,256,000

Market Cap$130.89 million

Next Earnings Date7/18/2019 (Estimated)

OptionableNot Optionable

Middlefield Banc (NASDAQ:MBCN) Frequently Asked Questions

What is Middlefield Banc's stock symbol?

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

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

Middlefield Banc announced a quarterly dividend on Tuesday, May 14th. Investors of record on Friday, May 31st will be given a dividend of $0.28 per share on Friday, June 14th. This represents a $1.12 annualized dividend and a dividend yield of 2.79%. The ex-dividend date is Thursday, May 30th. View Middlefield Banc's Dividend History.

How were Middlefield Banc's earnings last quarter?

Middlefield Banc Corp (NASDAQ:MBCN) released its quarterly earnings data on Monday, April, 22nd. The bank reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by $0.12. The bank had revenue of $11.36 million for the quarter, compared to analyst estimates of $11.72 million. Middlefield Banc had a return on equity of 10.13% and a net margin of 22.94%. View Middlefield Banc's Earnings History.

When is Middlefield Banc's next earnings date?

Middlefield Banc is scheduled to release their next quarterly earnings announcement on Thursday, July 18th 2019. View Earnings Estimates for Middlefield Banc.

What price target have analysts set for MBCN?

1 brokerages have issued 1 year price targets for Middlefield Banc's stock. Their predictions range from $54.00 to $54.00. On average, they anticipate Middlefield Banc's share price to reach $54.00 in the next year. This suggests a possible upside of 34.3% from the stock's current price. View Analyst Price Targets for Middlefield Banc.

What is the consensus analysts' recommendation for Middlefield Banc?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middlefield Banc in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Middlefield Banc.

What are Wall Street analysts saying about Middlefield Banc stock?

Here are some recent quotes from research analysts about Middlefield Banc stock:

1. According to Zacks Investment Research, "Middlefield Banc Corp. is a bank holding company for The Middlefield Banking Company. It offers its customers a broad range of banking services, including checking, savings, and negotiable order of withdrawal (NOW) accounts; money market accounts; time certificates of deposit, commercial loans, real estate loans, and various types of consumer loans; safe deposit facilities, and traveller's checks. The Company also offers online banking and bill payment services. Middlefield Banc Corp. is headquartered in Middlefield, Ohio. " (4/27/2019)
2. Boenning Scattergood analysts commented, "We believe MBCN shares present investors with an opportunity to gain exposure to a bank with steady organic growth, proven credit discipline, and prudent expense control, at an attractive valuation. Management’s dedicated effort to build shareholder value through geographic expansion, strategic acquisitions, and increased visibility within the investor community has meaningfully impacted the stock’s performance. While these outsized benefits are likely in the rearview, we remain attracted to Middlefield’s combination of strong fundamentals and the stock’s improved liquidity profile. The shares trade at a discount to peers on both 2018 P/E (12.6x vs. 14.8x), and price-to-tangible book (149% vs. 203%). From our perspective, both discounts are unwarranted based on the company’s favorable outlook for earnings growth and in-line return metrics (10.4% LTM ROTCE)." (7/20/2018)

Has Middlefield Banc been receiving favorable news coverage?

Media coverage about MBCN stock has been trending positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Middlefield Banc earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Who are some of Middlefield Banc's key competitors?

Some companies that are related to Middlefield Banc include Independent Bank Co.(MI) (IBCP), Century Bancorp (CNBKA), First Financial (THFF), MidWestOne Financial Group (MOFG), Old Line Bancshares, Inc. (MD) (OLBK), Atlantic Capital Bancshares (ACBI), CNB Financial (CCNE), Franklin Financial Network (FSB), Equity BancShares (EQBK), Farmers National Banc (FMNB), Capital City Bank Group (CCBG), Sierra Bancorp (BSRR), RBB Bancorp (RBB), Old Second Bancorp (OSBC) and Macatawa Bank (MCBC).

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 Procter & Gamble (PG), Benefitfocus (BNFT), Axsome Therapeutics (AXSM), Apellis Pharmaceuticals (APLS), Amerisafe (AMSF), Standard Chartered (STAN), Panther Securities (PNS), Barclays (BARC), Fresenius SE & Co KGaA (FRE) and Adler Real Estate (ADL).

Who are Middlefield Banc's key executives?

Middlefield Banc's management team includes the folowing people:

Mr. Thomas G. Caldwell, Pres, CEO & Director (Age 62)
Mr. Donald L. Stacy, Exec. VP, CFO & Treasurer (Age 66)
Mr. James R. Heslop II, Exec. VP, COO & Director (Age 66)
Ms. Shalini Singhal, Sr. VP & Chief Information Officer (Age 43)
Ms. Teresa M. Hetrick, Exec. VP of Operations & Admin. and Assistant Sec. (Age 56)

Who are Middlefield Banc's major shareholders?

Middlefield Banc's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.34%), Banc Funds Co. LLC (1.82%), Dimensional Fund Advisors LP (1.05%), Northern Trust Corp (1.00%), Renaissance Technologies LLC (0.72%) and PNC Financial Services Group Inc. (0.49%). Company insiders that own Middlefield Banc stock include Clayton W Rose III, Darryl E Mast, Donald L Stacy, James R Heslop II, Kenneth E Jones, Teresa M Hetrick, Thomas G Caldwell, William A Et Al Valerian and William J Skidmore. View Institutional Ownership Trends for Middlefield Banc.

Which major investors are selling Middlefield Banc stock?

MBCN stock was sold by a variety of institutional investors in the last quarter, including PNC Financial Services Group Inc., John W. Rosenthal Capital Management Inc., Morgan Stanley, BlackRock Inc., Banc Funds Co. LLC, Huntington National Bank and Martingale Asset Management L P. Company insiders that have sold Middlefield Banc company stock in the last year include Kenneth E Jones, Teresa M Hetrick and William J Skidmore. View Insider Buying and Selling for Middlefield Banc.

Which major investors are buying Middlefield Banc stock?

MBCN stock was purchased by a variety of institutional investors in the last quarter, including LSV Asset Management, SG Americas Securities LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Wells Fargo & Company MN, BNP Paribas Arbitrage SA and Northern Trust Corp. Company insiders that have bought Middlefield Banc stock in the last two years include Clayton W Rose III, Darryl E Mast, James R Heslop II and Thomas G Caldwell. View Insider Buying and Selling for Middlefield Banc.

How do I buy shares of Middlefield Banc?

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

What is Middlefield Banc's stock price today?

One share of MBCN stock can currently be purchased for approximately $40.20.

How big of a company is Middlefield Banc?

Middlefield Banc has a market capitalization of $130.89 million and generates $54.08 million in revenue each year. The bank earns $12.43 million in net income (profit) each year or $3.83 on an earnings per share basis. Middlefield Banc employs 200 workers across the globe.

What is Middlefield Banc's official website?

The official website for Middlefield Banc is http://www.middlefieldbank.bank/.

How can I contact Middlefield Banc?

Middlefield Banc's mailing address is 15985 E HIGH ST, MIDDLEFILED OH, 44062. The bank can be reached via phone at 440-632-1666 or via email at [email protected]

MarketBeat Community Rating for Middlefield Banc (NASDAQ MBCN)

Community Ranking:		2.3 out of 5 ( )
Outperform Votes:		121 (Vote Outperform)
Underperform Votes:		146 (Vote Underperform)
Total Votes:		267

MarketBeat's community ratings are surveys of what our community members think about Middlefield Banc and other stocks. Vote "Outperform" if you believe MBCN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MBCN will underperform the S&P 500 over the long term. You may vote once every thirty days.

This page was last updated on 5/26/2019 by MarketBeat.com Staff