Middlefield Banc Corp. (MBCN)

NASDAQ: MBCN · IEX Real-Time Price · USD
24.19
+0.39 (1.64%)
Feb 27, 2024, 4:00 PM EST - Market closed
1.64%
Market Cap 192.67M
Revenue (ttm) 68.96M
Net Income (ttm) 17.33M
Shares Out 8.10M
EPS (ttm) 2.21
PE Ratio 10.95
Forward PE 13.75
Dividend $0.80 (3.31%)
Ex-Dividend Date Feb 29, 2024
Volume 49,688
Open 24.35
Previous Close 23.80
Day's Range 23.54 - 24.48
52-Week Range 22.09 - 37.00
Beta 0.66
Analysts Hold
Price Target n/a
Earnings Date Apr 22, 2024

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 provides 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 offers operational and... [Read more]

Sector Financials
Founded 1901
Employees 238
Stock Exchange NASDAQ
Ticker Symbol MBCN
Full Company Profile

Financial Performance

In 2022, MBCN's revenue was $56.92 million, an increase of 4.08% compared to the previous year's $54.69 million. Earnings were $15.67 million, a decrease of -15.89%.

Financial Statements

News

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...

14 days 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.

4 weeks 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...

7 weeks 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

3 months 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

3 months 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.

4 months 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...

6 months 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 ...

7 months 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.

7 months 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

7 months 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

8 months 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...

9 months 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...

10 months 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.

11 months 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...

1 year 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...

1 year 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.

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces Completion of Liberty Bancshares, Inc. Merger

Ronald L. Zimmerly, Jr. appointed as President of  Middlefield Banc Corp. and The Middlefield Banking Company

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces a 17.6% Increase in the 2022 Fourth Quarter Cash Dividend Payment and Declares a $0.10 Special Cash Dividend Payment

MIDDLEFIELD, Ohio, Nov. 15, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that as a result of the Company's strong 2022 financial results and performance, the Company'...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Receives Shareholder Approval for Merger with Liberty Bancshares, Inc.

MIDDLEFIELD, Ohio, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, announced to...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces Adjournment of Special Meeting of Shareholders Until November 8, 2022

MIDDLEFIELD, Ohio, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield”, or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, announced th...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Receives Regulatory Approvals and Favorable Recommendation from ISS

MIDDLEFIELD, Ohio, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (“Middlefield” or the “Company”) (NASDAQ: MBCN), the bank holding company for The Middlefield Banking Company, today announc...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2022 Nine Month Financial Results

MIDDLEFIELD, Ohio, Oct. 18, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and nine months ended September 30, 2022.

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Announces 2022 Third Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company's Board of Directors declared a quarterly cash dividend of $0.17 per common ...

1 year ago - GlobeNewsWire

Middlefield Banc Corp. Reports 2022 First Half Financial Results

MIDDLEFIELD, Ohio, July 18, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) reported financial results for the 2022 first half and second quarter ended June 30, 2022.

1 year ago - GlobeNewsWire