Middlefield Banc Corp. (MBCN)
| Market Cap | 212.88M |
| Revenue (ttm) | 54.15M |
| Net Income (ttm) | 17.01M |
| Shares Out | 7.94M |
| EPS (ttm) | 2.89 |
| PE Ratio | 9.27 |
| Forward PE | 10.49 |
| Dividend | $1.01 (3.77%) |
| Ex-Dividend Date | Dec 1, 2022 |
| Volume | 275,047 |
| Open | 27.18 |
| Previous Close | 27.23 |
| Day's Range | 26.78 - 27.45 |
| 52-Week Range | 23.65 - 30.62 |
| Beta | 0.58 |
| Analysts | Sell |
| Price Target | 30.60 (+14.18%) |
| Earnings Date | Jan 27, 2023 |
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]
Financial Performance
In 2021, MBCN's revenue was $54.78 million, an increase of 38.54% compared to the previous year's $39.54 million. Earnings were $18.63 million, an increase of 123.18%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for MBCN stock is "Sell." The 12-month stock price forecast is $30.6, which is an increase of 14.18% from the latest price.
News
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.
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
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'...
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...
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...
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...
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.
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 ...
Middlefield Banc Corp. (MBCN) Q2 Earnings and Revenues Surpass Estimates
Middlefield Banc Corp. (MBCN) delivered earnings and revenue surprises of 4.48% and 1.60%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
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.
LIBERTY BANCSHARES INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Liberty Bancshares, Inc. - LBSI
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Liberty Bancsh...
Middlefield Banc Corp. (MBCN) Moves to Buy: Rationale Behind the Upgrade
Middlefield Banc Corp. (MBCN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Middlefield Banc Corp. and Liberty Bancshares, Inc. Announce Merger
Increases Middlefield's asset base approximately 33% to $1.8 billion Expected to be accretive to earnings per share in year one Earn back of tangible book value dilution in approximately three years
Michael C. Ranttila Promoted to Vice President of Finance of Middlefield Banc Corp.
MIDDLEFIELD, Ohio, May 12, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that Michael C. Ranttila has been promoted to Vice President of Finance of Middlefield Banc Co...
Middlefield Banc Corp. Announces 2022 Second Quarter Cash Dividend Payment
MIDDLEFIELD, Ohio, May 10, 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 s...
Middlefield Banc Corp. (MBCN) Surpasses Q1 Earnings Estimates
Middlefield Banc Corp. (MBCN) delivered earnings and revenue surprises of 8.33% and 0.23%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Middlefield Banc Corp. Reports 2022 First Quarter Financial Results
MIDDLEFIELD, Ohio, April 21, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2022 first quarter ended March 31, 2022.
Ancora Issues Open Letter to Middlefield Banc Corp. Shareholders
CLEVELAND--(BUSINESS WIRE)--Ancora Holdings Group, LLC (together with its affiliates, “Ancora” or “we”), the largest shareholder of Middlefield Banc Corp. (NASDAQ: MBCN) (“MBCN,” the "Bank" or the “Co...
The Middlefield Banking Company Announces Promotions
Alfred F. Thompson Jr. Promoted to Executive Vice President/Chief Credit Officer Courtney Erminio Promoted to Executive Vice President/Chief Risk Officer
Middlefield Banc Corp. Announces Leadership Transition
James R. Heslop, II Appointed President and Chief Executive Officer Thomas G. Caldwell to Retire as President, Chief Executive Officer and Director on March 31, 2022
Middlefield Banc Corp. Announces 2022 First-Quarter Cash Dividend Payment and Increases Share Repurchase Program
MIDDLEFIELD, Ohio, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors declared a quarterly cash dividend of $0.17 per common share. The firs...
Middlefield Banc Corp. Reports 2021 Full Year Financial Results
MIDDLEFIELD, Ohio, Jan. 25, 2022 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three and twelve months ended December 31, 2021.
Middlefield Banc Corp. Expands Digital Capabilities
New products leverage growing customer engagement for digital banking services New products leverage growing customer engagement for digital banking services
Best Income Stocks to Buy for November 30th
RGP, PSX, and MBCN made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 30, 2021.
Recent Price Trend in Middlefield Banc Corp. (MBCN) is Your Friend, Here's Why
If you are looking for stocks that are well positioned to maintain their recent uptrend, Middlefield Banc Corp. (MBCN) could be a great choice. It is one of the several stocks that passed through our ...