NASDAQ:MBCNMiddlefield Banc Stock Price, Forecast & News

$20.40

+0.70 (+3.55 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

$19.73

Now: $20.40▼

$22.10

50-Day Range

$16.36

MA: $17.81▼

$19.70

52-Week Range

$12.00

Now: $20.40▼

$28.80

Volume26,829 shs

Average Volume8,253 shs

Market Capitalization$129.95 million

P/E Ratio12.29

Dividend Yield3.05%

Beta0.78

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Middlefield Banc.

2.1 Community Rank

Outperform Votes
Middlefield Banc has received 155 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Middlefield Banc has received 209 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Middlefield Banc has received 57.42% “underperform” votes from our community.

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.

3.3 Dividend Strength

Dividend Leadership
Middlefield Banc is a leading dividend payer. It pays a dividend yield of 3.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Middlefield Banc has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Middlefield Banc is 30.77 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Middlefield Banc will have a dividend payout ratio of 48.78 % next year. This indicates that Middlefield Banc will be able to sustain or increase its dividend.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Middlefield Banc insiders have bought more of their company's stock than they have sold. Specifically, they have bought $17,230.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 7.25% of the stock of Middlefield Banc is held by insiders.
Percentage Held by Institutions
Only 28.94% of the stock of Middlefield Banc is held by institutions.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Middlefield Banc are expected to grow by 18.27% in the coming year, from $1.04 to $1.23 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Middlefield Banc is 12.29, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.43.
Price to Earnings Ratio vs. Sector
The P/E ratio of Middlefield Banc is 12.29, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 20.53.
Price to Book Value per Share Ratio
Middlefield Banc has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.19 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:MBCN

Previous Symbol

CUSIPN/A

CIK836147

Webwww.middlefieldbank.bank

Phone440-632-1666

Debt

Debt-to-Equity Ratio0.10

Current Ratio0.99

Quick Ratio0.99

Price-To-Earnings

Trailing P/E Ratio12.29

Forward P/E Ratio19.62

P/E GrowthN/A

Sales & Book Value

Annual Sales$59.37 million

Price / Sales2.19

Cash Flow$2.34 per share

Price / Cash Flow8.73

Book Value$21.45 per share

Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$1.95

Net Income$12.71 million

Net Margins18.26%

Return on Equity7.95%

Return on Assets0.87%

Miscellaneous

Employees200

Outstanding Shares6,370,000

Market Cap$129.95 million

Next Earnings Date7/17/2020 (Estimated)

OptionableNot Optionable

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Middlefield Banc (NASDAQ:MBCN) Frequently Asked Questions

How has Middlefield Banc's stock been impacted by COVID-19 (Coronavirus)?

Middlefield Banc's stock was trading at $20.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, MBCN stock has decreased by 1.2% and is now trading at $20.40. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Middlefield Banc?

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

When is Middlefield Banc's next earnings date?

Middlefield Banc is scheduled to release its next quarterly earnings announcement on Friday, July 17th 2020. View our earnings forecast for Middlefield Banc.

How were Middlefield Banc's earnings last quarter?

Middlefield Banc Corp (NASDAQ:MBCN) posted its earnings results on Monday, April, 27th. The bank reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.22. The bank had revenue of $11.11 million for the quarter, compared to the consensus estimate of $11.41 million. Middlefield Banc had a return on equity of 7.95% and a net margin of 18.26%. View Middlefield Banc's earnings history.

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

Middlefield Banc declared a quarterly dividend on Wednesday, May 13th. Investors of record on Thursday, June 4th will be paid a dividend of $0.15 per share on Monday, June 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.94%. The ex-dividend date of this dividend is Wednesday, June 3rd. View Middlefield Banc's dividend history.

When did Middlefield Banc's stock split? How did Middlefield Banc's stock split work?

Shares of Middlefield Banc split before market open on Monday, November 11th 2019. The 2-1 split was announced on Wednesday, October 9th 2019. The newly created shares were distributed to shareholders after the market closes on Friday, November 8th 2019. An investor that had 100 shares of Middlefield Banc stock prior to the split would have 200 shares after the split.

Has Middlefield Banc been receiving favorable news coverage?

Media coverage about MBCN stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Middlefield Banc earned a media sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 2.0 out of 10, indicating that recent media coverage is very unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutMiddlefield Banc.

Who are some of Middlefield Banc's key competitors?

Some companies that are related to Middlefield Banc include Origin Bancorp (OBNK), Tristate Capital (TSC), Horizon Bancorp (HBNC), Peoples Bancorp (PEBO), Bank of Marin Bancorp (BMRC), First Mid-Illinois Bancshares (FMBH), Century Bancorp (CNBKA), Peoples Utah Bancorp (PUB), Midland States Bancorp (MSBI), First Community Bankshares (FCBC), Mercantile Bank (MBWM), Franklin Financial Network (FSB), Customers Bancorp (CUBI), HBT Financial (HBT) and Capital City Bank Group (CCBG). View all competitors.

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 & Co (WFC), AbbVie (ABBV), Amplify Energy (AMPY), Amplify Energy (AMPY), Algonquin Power & Utilities (AQN), BCE (BCE), Franklin Resources (BEN) and Bank of Nova Scotia (BNS).

Who are Middlefield Banc's key executives?

Middlefield Banc's management team includes the following 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)

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 variety of institutional and retail investors. Top institutional investors include Carnegie Capital Asset Management LLC (2.89%), Siena Capital Partners GP LLC (2.45%), Alliancebernstein L.P. (0.78%), Wells Fargo & Company MN (0.37%), Huntington National Bank (0.36%) and Russell Investments Group Ltd. (0.08%). Company insiders that own Middlefield Banc stock include Clayton W Rose III, Darryl E Mast, James R Heslop II, Kenneth E Jones, Robert W Toth, Teresa M Hetrick, Thomas G Caldwell 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 Siena Capital Partners GP LLC, Russell Investments Group Ltd., Carnegie Capital Asset Management LLC, and Huntington National Bank. View insider buying and selling activity for Middlefield Banc.

Which major investors are buying Middlefield Banc stock?

MBCN stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., UBS Group AG, Wells Fargo & Company MN, and Tower Research Capital LLC TRC . 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, Robert W Toth, and Thomas G Caldwell. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Middlefield Banc's stock price today?

One share of MBCN stock can currently be purchased for approximately $20.40.

How big of a company is Middlefield Banc?

Middlefield Banc has a market capitalization of $129.95 million and generates $59.37 million in revenue each year. The bank earns $12.71 million in net income (profit) each year or $1.95 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 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]

This page was last updated on 6/6/2020 by MarketBeat.com Staff