M&F Bancorp, Inc. (MFBP)
| Market Cap | 44.50M |
| Revenue (ttm) | 23.36M |
| Net Income (ttm) | 3.83M |
| Shares Out | 1.98M |
| EPS (ttm) | 1.92 |
| PE Ratio | 11.69 |
| Forward PE | n/a |
| Dividend | 0.20 (0.89%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 6,300 |
| Average Volume | 1,679 |
| Open | 21.98 |
| Previous Close | 20.04 |
| Day's Range | 21.50 - 22.44 |
| 52-Week Range | 11.35 - 22.44 |
| Beta | -0.12 |
| RSI | 69.71 |
| Earnings Date | Feb 7, 2025 |
About M&F Bancorp
M&F Bancorp, Inc. operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit. The company provides loans for commercial and residential real estate, and construction; and consumer and other loans; as well as ATM services. M&F Bancorp, Inc. was founded in 1907 and is headquartered in Durham, North Carolina. [Read more]
Financial Performance
In 2023, M&F Bancorp's revenue was $23.73 million, an increase of 22.14% compared to the previous year's $19.43 million. Earnings were $5.46 million, an increase of 25.92%.
Financial StatementsNews
M&F Bancorp: A Hidden Gem In The Banking Sector
Despite being up 256% in the past year, M&F's stock has not caught up to its fundamentals. Buoyed by grants and ECIP participation, M&F has increased earnings by 125% YoY. Funds are rotating out of re...