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

Middlefield Banc's stock was trading at $20.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MBCN shares have decreased by 23.8% and is now trading at $15.74. View which stocks have been mosted impacted by Coronavirus.

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.

Middlefield Banc is scheduled to release its next quarterly earnings announcement on Monday, April 27th 2020. View our earnings forecast for Middlefield Banc.

Middlefield Banc Corp (NASDAQ:MBCN) posted its earnings results on Friday, January, 24th. The bank reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.50 by $0.01. The bank earned $11.61 million during the quarter, compared to analysts' expectations of $11.81 million. Middlefield Banc had a return on equity of 9.42% and a net margin of 21.41%. View Middlefield Banc's earnings history.

Middlefield Banc declared a quarterly dividend on Tuesday, February 11th. Shareholders of record on Wednesday, March 4th will be paid a dividend of $0.15 per share on Friday, March 13th. This represents a $0.60 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date is Tuesday, March 3rd. View Middlefield Banc's dividend history.

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 minted shares were distributed to shareholders after the closing bell 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.

1 brokers have issued twelve-month price objectives for Middlefield Banc's shares. Their forecasts range from $27.00 to $27.00. On average, they expect Middlefield Banc's share price to reach $27.00 in the next year. This suggests a possible upside of 71.5% from the stock's current price. View analysts' price targets for Middlefield Banc.

News headlines about MBCN stock have been trending very negative recently, according to InfoTrie. InfoTrie identifies positive and negative press coverage by reviewing 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 coverage optimism score of -3.3 on InfoTrie's scale. They also assigned media stories about the bank a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutMiddlefield Banc.

Some companies that are related to Middlefield Banc include Bank of Marin Bancorp (BMRC), Byline Bancorp (BY), First Community Bankshares (FCBC), First Mid-Illinois Bancshares (FMBH), Flushing Financial (FFIC), Peoples Utah Bancorp (PUB), Century Bancorp (CNBKA), MidWestOne Financial Group (MOFG), Capital City Bank Group (CCBG), Mercantile Bank (MBWM), Farmers National Banc (FMNB), Customers Bancorp (CUBI), Enterprise Bancorp (EBTC), Franklin Financial Network (FSB) and CNB Financial (CCNE).

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), Gilead Sciences (GILD), Huntington Bancshares (HBAN), Methanex (MEOH), PacWest Bancorp (PACW), People's United Financial (PBCT), Pattern Energy Group (PEGI) and Primo Water (PRMW).

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

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.

One share of MBCN stock can currently be purchased for approximately $15.74.

Middlefield Banc has a market capitalization of $101.18 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. View additional information about Middlefield Banc.

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

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