Middlefield Banc (MBCN) Reports Q1 Earnings: What Key Metrics Have to Say

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 ...