Middlefield Banc Corp. (MBCN)
| Market Cap | 145.75M |
| Revenue (ttm) | 46.69M |
| Net Income (ttm) | 12.93M |
| Shares Out | 6.13M |
| EPS (ttm) | 2.03 |
| PE Ratio | 11.70 |
| Forward PE | 11.43 |
| Dividend | $0.62 (2.61%) |
| Ex-Dividend Date | Sep 2, 2021 |
| Volume | 26,788 |
| Open | 23.96 |
| Previous Close | 23.47 |
| Day's Range | 23.59 - 23.78 |
| 52-Week Range | 17.61 - 26.00 |
| Beta | 0.87 |
| Analysts | Hold |
| Price Target | 25.50 (+7.5%) |
| Est. Earnings Date | Oct 15, 2021 |
About MBCN
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the bank holding company of The Middlefield Banking Company with total assets of $1.39 billion at March 31, 2021. The bank operates 16 full-service banking centers and an LPL Financial® brokerage office serving Beachwood, Chardon, Cortland, Dublin, Garrettsville, Mantua, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio. Additional information is available at www.middlefieldb...
Financial Performance
In 2020, MBCN's revenue was $39.54 million, a decrease of -12.79% compared to the previous year's $45.34 million. Earnings were $8.35 million, a decrease of -34.32%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MBCN stock is "Hold." The 12-month stock price forecast is 25.50, which is an increase of 7.50% from the latest price.
News
The Middlefield Banking Company Celebrates 120th Year Anniversary
MIDDLEFIELD, Ohio--(BUSINESS WIRE)--Middlefield Banc Corp. (NASDAQ: MBCN) is proud to celebrate the 120th anniversary of The Middlefield Banking Company this year. The Middlefield Banking Company opened...
Middlefield Banc Corp. Increases Share Repurchase Program
MIDDLEFIELD, Ohio, Aug. 13, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors approved additional share repurchase capacity for the Company's repurcha...
Middlefield Banc Corp. Announces 2021 Third Quarter Cash Dividend Payment
MIDDLEFIELD, Ohio, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.16 per common sh...
Middlefield Banc Corp. (MBCN) Q2 Earnings and Revenues Top Estimates
Middlefield Banc Corp. (MBCN) delivered earnings and revenue surprises of 37.25% and 6.44%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Recap: Middlefield Banc Q2 Earnings
Shares of Middlefield Banc (NASDAQ:MBCN) fell 0.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 52.17% over the past year to $0.70, which b...
Middlefield Banc Corp. Reports Record 2021 First Half Financial Results
MIDDLEFIELD, Ohio, July 16, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2021 first half and second quarter ended June 30, 2021.
Middlefield Banc Corp. Announces CEO Retirement and Succession Plan
Thomas G. Caldwell to Retire on March 31, 2022 Internal and External Search Underway as Part of Existing Succession Plan
Middlefield Banc Corp. Announces 2021 Second Quarter Cash Dividend Payment
MIDDLEFIELD, Ohio, May 11, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.16 per common sha...
Middlefield Banc Corp. (MBCN) Q1 Earnings and Revenues Top Estimates
Middlefield Banc Corp. (MBCN) delivered earnings and revenue surprises of 8.33% and 8.59%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
Middlefield Banc: Q1 Earnings Insights
Shares of Middlefield Banc (NASDAQ:MBCN) fell after the company reported Q1 results. Quarterly Results Earnings per share increased 306.25% year over year to $0.65, which beat the estimate of $0.57.
Middlefield Banc Corp. Reports 2021 First Quarter Financial Results
MIDDLEFIELD, Ohio, April 20, 2021 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2021 first quarter ended March 31, 2021.
Middlefield Banc Corp. (MBCN) to Report Q1 Results: Wall Street Expects Earnings Growth
Middlefield Banc Corp. (MBCN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Top Ranked Income Stocks to Buy for March 22nd
Top Ranked Income Stocks to Buy for March 22nd
Recap: Middlefield Banc Q4 Earnings
Shares of Middlefield Banc (NASDAQ:MBCN) were unchanged after the company reported Q4 results. Quarterly Results Earnings per share decreased 20.41% over the past year to $0.39, which missed the estimat...
Middlefield Banc (MBCN) Reinstates & Increases ShareBuyback
Middlefield Banc (MBCN) rewards shareholders with the resumption and increase of the share-buyback plan that was suspended earlier due to the pandemic.
Middlefield Banc Corp. Announces Resumption of Share Repurchase Program and Increases Repurchase Authorization
MIDDLEFIELD, Ohio, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced the resumption and increase of the Company's stock repurchase program (the “Program”).
Middlefield Banc Corp. Announces 2020 Fourth Quarter Cash Dividend Payment
MIDDLEFIELD, Ohio, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.15 per common sh...
Recap: Middlefield Banc Q3 Earnings
Shares of Middlefield Banc (NASDAQ:MBCN) were falt in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 71.29% year over year to $0.29, which misse...
Middlefield Banc Corp. Reports 2020 Nine Month Financial Results
MIDDLEFIELD, Ohio, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and nine months ended September 30, 2020.
Middlefield Banc Corp. Announces 2020 Third Quarter Cash Dividend Payment
MIDDLEFIELD, Ohio, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.15 per common ...
Middlefield Banc: Q2 Earnings Insights
Shares of Middlefield Banc (NASDAQ:MBCN) were flat in pre-market trading after the company reported Q2 results.
Middlefield Banc Corp. Reports 2020 First Half Financial Results
MIDDLEFIELD, Ohio, July 22, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2020 first half and second quarter ended June 30, 2020.
Gary C. Kern Joins The Middlefield Banking Company as Chief Information Officer
MIDDLEFIELD, Ohio, June 30, 2020 (GLOBE NEWSWIRE) -- The Middlefield Banking Company (NASDAQ: MBCN) today announced that Gary C. Kern has joined the Company as Chief Information Officer. In this posit...
Middlefield Banc Corp. Secures $138 Million in Paycheck Protection Program Loans for 1,259 Ohio-based Small Businesses
Middlefield’s Efforts Helped Save Over 12,000 Jobs During Crisis Middlefield’s Efforts Helped Save Over 12,000 Jobs During Crisis
Middlefield Banc Corp. Joins Russell 3000® Index
MIDDLEFIELD, Ohio, June 22, 2020 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) is set to join the broad-market Russell 3000® Index at the conclusion of the 2020 Russell indexes annual reco...