Middlefield Banc (MBCN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Middlefield Banc Corp. (MBCN) reported revenue of $17.47 million for the quarter ended December 2024, marking a year-over-year increase of 2.9% and exceeding the Zacks Consensus Estimate of $17.05 million by 2.46% [1] - The company achieved an EPS of $0.60, up from $0.44 a year ago, resulting in an EPS surprise of 27.66% compared to the consensus estimate of $0.47 [1] Financial Performance Metrics - Net Interest Margin was reported at 3.6%, surpassing the two-analyst average estimate of 3.4% [4] - Average Interest Earning Assets totaled $1.77 billion, slightly below the estimated $1.78 billion [4] - Net charge-offs to average loans outstanding were 0.1%, better than the average estimate of 0.2% [4] - Efficiency ratio stood at 65.1%, significantly better than the average estimate of 70% [4] - Total Noninterest Income was $1.91 million, slightly above the average estimate of $1.90 million [4] - Net Interest Income reached $15.56 million, exceeding the average estimate of $15.15 million [4] Stock Performance - Shares of Middlefield Banc have declined by 15.3% over the past month, contrasting with the Zacks S&P 500 composite's increase of 2.7% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]