Middlefield Banc Corp. (MBCN)

NASDAQ: MBCN · Real-Time Price · USD
28.73
-0.76 (-2.58%)
Dec 20, 2024, 4:00 PM EST - Market closed
-2.58%
Market Cap 231.88M
Revenue (ttm) 64.66M
Net Income (ttm) 14.21M
Shares Out 8.07M
EPS (ttm) 1.76
PE Ratio 16.33
Forward PE 16.01
Dividend $0.80 (2.79%)
Ex-Dividend Date Nov 29, 2024
Volume 31,380
Open 29.03
Previous Close 29.49
Day's Range 28.73 - 29.75
52-Week Range 20.61 - 35.22
Beta 0.70
Analysts Hold
Price Target 32.00 (+11.38%)
Earnings Date Jan 24, 2025

About MBCN

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 offers checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers’ checks. The company also provides operational and... [Read more]

Sector Financials
Founded 1901
Employees 256
Stock Exchange NASDAQ
Ticker Symbol MBCN
Full Company Profile

Financial Performance

In 2023, Middlefield Banc's revenue was $68.89 million, an increase of 21.03% compared to the previous year's $56.92 million. Earnings were $17.37 million, an increase of 10.81%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for MBCN stock is "Hold" and the 12-month stock price forecast is $32.0.

Price Target
$32.0
(11.38% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Middlefield Banc Corp. Announces 2024 Fourth-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The...

4 weeks ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2024 Nine-Month Financial Results

MIDDLEFIELD, Ohio, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the nine months ended September 30, 2024.

2 months ago - GlobeNewsWire

Executives Buying Middlefield Banc And 1 Other Stock

Although U.S. stocks closed higher on Thursday, there were a few notable insider trades.

Other symbols: FCUV
3 months ago - Benzinga

Middlefield Banc Corp. to Celebrate 10th Anniversary of Nasdaq Listing

Middlefield to Ring the Nasdaq Stock Market Opening Bell on Tuesday, August 27, 2024 Middlefield to Ring the Nasdaq Stock Market Opening Bell on Tuesday, August 27, 2024

4 months ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2024 Third-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The...

4 months ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2024 Six-Month Financial Results

MIDDLEFIELD, OHIO, July 18, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the six months ended June 30, 2024.

5 months ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2024 Second-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, May 14, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The ...

7 months ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2024 First Quarter Financial Results

MIDDLEFIELD, Ohio, April 30, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three months ended March 31, 2024.

8 months ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2024 First Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The...

11 months ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2023 Full-Year Financial Results

MIDDLEFIELD, Ohio, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve-months ended December 31, 2023.

11 months ago - GlobeNewsWire

The Middlefield Banking Company Enhances Leadership Team to Support Continued Growth

Rebecca Noblit Promoted to Chief Credit Officer Michael Cheravitch Named Chief Banking Officer MIDDLEFIELD, Ohio, Jan. 04, 2024 (GLOBE NEWSWIRE) -- The Middlefield Banking Company, a wholly owned subs...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2023 Fourth Quarter Cash Dividend Payment and Declares a $0.05 Special Cash Dividend Payment

Total dividends declared of $0.85 per share for 2023 represents a 5% year-over-year increase Total dividends declared of $0.85 per share for 2023 represents a 5% year-over-year increase

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces Chief Executive Officer Transition

Ronald L. Zimmerly, Jr. Appointed Chief Executive Officer on January 1, 2024 James R. Heslop, II to Retire as Chief Executive Officer

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2023 Nine-Month Financial Results

MIDDLEFIELD, OHIO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and nine months ended September 30, 2023.

1 year ago - GlobeNewsWire

Brett Baumeister Joins The Middlefield Banking Company as Senior Vice President – Commercial Lending Western Region

MIDDLEFIELD, Ohio, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ: MBCN), today announced the appointment of Brett Baume...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2023 Third Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.20 per common ...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2023 First Half Financial Results

MIDDLEFIELD, Ohio, July 24, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) reported financial results for the 2023 first half and second quarter ended June 30, 2023.

1 year ago - GlobeNewsWire

The Middlefield Banking Company Expands Commercial Banking Team

Josh Riley named Senior Vice President/Chief Commercial Market Executive - Central Ohio Jerry Benko named Senior Vice President/Chief Commercial Market Executive - Northeast Ohio

1 year ago - GlobeNewsWire

Sarah Winters Named Senior Vice President/Chief Human Resource Officer of The Middlefield Banking Company

Sarah Winters, Senior Vice President/Chief Human Resource Officer

1 year ago - GlobeNewsWire

Middlefield Banc Corp. is Set to Join Russell 3000® Index

MIDDLEFIELD, Ohio, May 25, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) is set to join the broad-market Russell 3000® Index after the 2023 Russell Indexes annual reconstitution, effe...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2023 Second-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, May 09, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.20 per common s...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2023 First Quarter Financial Results

MIDDLEFIELD, Ohio, April 24, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2023 first quarter ended March 31, 2023.

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2023 First-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The firs...

2 years ago - GlobeNewsWire

Middlefield Banc Corp.'s Chief Financial Officer Donald L. Stacy Announces Retirement; Middlefield Banc Corp.'s Michael C.

MIDDLEFIELD, Ohio, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that Donald L. Stacy, Senior Vice President and Chief Financial Officer, will retire from the...

2 years ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2022 Full Year Financial Results

MIDDLEFIELD, Ohio, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve-months ended December 31, 2022.

2 years ago - GlobeNewsWire