Middlefield Banc(MBCN)

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Middlefield Banc Corp. (MBCN) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-17 22:25
Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -38.30%. A quarter ago, it was expected that this company would post earnings of $0.42 per share when it actually produced earnings of $0.52, delivering a surprise of 23.81%. Over the last four quarters, th ...
Middlefield Banc Corp. Reports 2024 Nine-Month Financial Results
GlobeNewswire News Room· 2024-10-17 20:15
MIDDLEFIELD, Ohio, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the nine months ended September 30, 2024. 2024 Nine-Month Financial Highlights (on a year-over-year basis): Net income was $10.7 million, compared to $13.8 million Pre-tax, pre-provision net income(1) was $14.7 million, compared to $19.0 million Earnings were $1.32 per diluted share, compared to $1.70 per diluted share Net interest income after the provision for credit losses was $ ...
Middlefield Banc (MBCN) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2024-10-03 17:01
Middlefield Banc Corp. (MBCN) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked b ...
Executives Buying Middlefield Banc And 1 Other Stock
Benzinga· 2024-09-20 11:44
Although U.S. stocks closed higher on Thursday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, ...
Can Middlefield Banc (MBCN) Run Higher on Rising Earnings Estimates?
ZACKS· 2024-07-23 17:21
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. The company is expected to earn $0.47 per share for the current quarter, which represents a year-over-year change of 0%. The company is expected to earn $1.95 per share for the full year, which represents a change of -8.88% from the prior-year ...
Middlefield Banc(MBCN) - 2024 Q2 - Quarterly Results
2024-07-18 21:01
Exhibit 99.1 Filer: Middlefield Banc Corp. Project Type: 8-K Description: (LED) Form 8-K Q2 Earnings Release Document Type: 8-K Document Version: 7 Project ID: 106163 Created By: Damon Yoder Created At: 7/16/2024 9:51:22 PM EDT 15985 East High Street P. O. Box 35 Middlefield, Ohio 44062 Phone: 440/632-1666 FAX: 440/632-1700 www.middlefieldbank.bank PRESS RELEASE Ronald L. Zimmerly, Jr. President and Chief Executive Officer Middlefield Banc Corp. (419) 673-1217 rzimmerly@middlefieldbank.com Company Contact: ...
Middlefield Banc(MBCN) - 2024 Q1 - Quarterly Report
2024-05-14 20:01
Commission File Number 001-36613 Middlefield Banc Corp. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ | Title of Each Class | Trading Symbol(s) | Name of Each ...
Middlefield Banc Corp. Announces 2024 Second-Quarter Cash Dividend Payment
Newsfilter· 2024-05-14 12:00
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 second-quarter dividend is payable on June 14, 2024, to shareholders of record on May 31, 2024. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.82 billion at March 31, 2024. The Bank o ...
Middlefield Banc (MBCN) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-04-30 16:01
Middlefield Banc Corp. (MBCN) reported $16.77 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.8%. EPS of $0.51 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $17.1 million, representing a surprise of -1.96%. The company delivered an EPS surprise of +13.33%, with the consensus EPS estimate being $0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...
Middlefield Banc Corp. (MBCN) Q1 Earnings Surpass Estimates
Zacks Investment Research· 2024-04-30 13:41
Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this company would post earnings of $0.53 per share when it actually produced earnings of $0.44, delivering a surprise of -16.98%.Over the last four quarters, the ...