Middlefield Banc Corp. (MBCN)
| Market Cap | 196.64M |
| Revenue (ttm) | 68.12M |
| Net Income (ttm) | 16.64M |
| Shares Out | 8.07M |
| EPS (ttm) | 2.05 |
| PE Ratio | 11.77 |
| Forward PE | 14.43 |
| Dividend | $0.80 (3.28%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 1,117 |
| Open | 24.38 |
| Previous Close | 24.12 |
| Day's Range | 23.85 - 24.38 |
| 52-Week Range | 21.36 - 37.00 |
| Beta | 0.66 |
| Analysts | Hold |
| Price Target | 25.00 (+2.56%) |
| Earnings Date | Apr 30, 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 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]
Financial Performance
In 2023, MBCN'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 StatementsAnalyst Forecast
According to 2 analysts, the average rating for MBCN stock is "Hold." The 12-month stock price forecast is $25.0, which is an increase of 2.56% from the latest price.
News
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 ...
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.
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...
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.
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...
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
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
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.
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...
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 ...
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.
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
Sarah Winters Named Senior Vice President/Chief Human Resource Officer of The Middlefield Banking Company
Sarah Winters, Senior Vice President/Chief Human Resource Officer
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...
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...
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.
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...
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...
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.