NASDAQ:MBCN - Middlefield Banc Stock Price, Price Target & More

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$48.60 +0.20 (+0.41 %)
(As of 07/23/2018 06:00 AM ET)
Previous Close$48.60
Today's Range$48.60 - $48.9575
52-Week Range$42.10 - $54.90
Volume1,738 shs
Average Volume3,551 shs
Market Capitalization$156.64 million
P/E Ratio14.82
Dividend Yield2.30%
Beta0.2
Middlefield Banc logoMiddlefield 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, working capital, term business, residential construction, professional, residential, and mortgage loans; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; consumer installment loans to purchase automobiles and boats, as well as for home improvement and other personal expenditures; 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 23, 2018, it operated 14 full-service banking centers; an LPL financial brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Solon, Sunbury, Twinsburg, and Westerville; and a loan production office in Mentor, Ohio. Middlefield Banc Corp. 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
SymbolNASDAQ:MBCN
CUSIPN/A
Phone440-632-1666

Debt

Debt-to-Equity Ratio0.16
Current Ratio1.00
Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio14.82
Forward P/E Ratio14.21
P/E GrowthN/A

Sales & Book Value

Annual Sales$48.85 million
Price / Sales3.20
Cash Flow$3.6134 per share
Price / Cash13.45
Book Value$37.25 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$3.28
Net Income$9.45 million
Net Margins20.64%
Return on Equity8.60%
Return on Assets0.94%

Miscellaneous

Employees190
Outstanding Shares3,220,000
Market Cap$156.64

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 declared a quarterly dividend on Tuesday, May 15th. Stockholders of record on Friday, June 1st will be given a dividend of $0.28 per share on Friday, June 15th. This represents a $1.12 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Thursday, May 31st. View Middlefield Banc's Dividend History.

How were Middlefield Banc's earnings last quarter?

Middlefield Banc Corp (NASDAQ:MBCN) announced its quarterly earnings results on Thursday, July, 19th. The bank reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.03. The bank had revenue of $10.85 million for the quarter, compared to the consensus estimate of $10.98 million. Middlefield Banc had a net margin of 20.64% and a return on equity of 8.60%. 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 Tuesday, October, 23rd 2018. View Earnings Estimates for Middlefield Banc.

What price target have analysts set for MBCN?

2 equities research analysts have issued twelve-month target prices for Middlefield Banc's stock. Their predictions range from $51.00 to $54.00. On average, they expect Middlefield Banc's share price to reach $52.50 in the next year. This suggests a possible upside of 8.0% from the stock's current price. View Analyst Ratings for Middlefield Banc.

What is the consensus analysts' recommendation for Middlefield Banc?

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

What are Wall Street analysts saying about Middlefield Banc stock?

Here are some recent quotes from research analysts about Middlefield Banc stock:
  • 1. 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)
  • 2. 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. " (6/21/2018)

Who are some of Middlefield Banc's key competitors?

Who are Middlefield Banc's key executives?

Middlefield Banc's management team includes the folowing people:
  • Mr. Thomas G. Caldwell, Pres, CEO & Director (Age 61)
  • Mr. Donald L. Stacy, Sr. VP, CFO & Treasurer (Age 65)
  • Mr. James R. Heslop II, Exec. VP, COO & Director (Age 65)
  • Ms. Teresa M. Hetrick, Exec. VP of Operations & Admin. and Assistant Sec. (Age 55)
  • Mr. Andrew M. Berger, Managing Director, SM Berger & Company, Inc.

Has Middlefield Banc been receiving favorable news coverage?

News coverage about MBCN stock has been trending somewhat positive on Monday, according to Accern Sentiment. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Middlefield Banc earned a media sentiment score of 0.14 on Accern's scale. They also gave media stories about the bank an impact score of 45.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

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 $48.60.

How big of a company is Middlefield Banc?

Middlefield Banc has a market capitalization of $156.64 million and generates $48.85 million in revenue each year. The bank earns $9.45 million in net income (profit) each year or $3.28 on an earnings per share basis. Middlefield Banc employs 190 workers across the globe.

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:  2.4 out of 5 (star star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  206
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 7/23/2018 by MarketBeat.com Staff

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