S&P 500   5,248.49
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QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?

Middlefield Banc (MBCN) Stock Price, News & Analysis

$23.90
+0.17 (+0.72%)
(As of 03/27/2024 ET)
Today's Range
$23.66
$24.73
50-Day Range
$22.99
$30.55
52-Week Range
$22.09
$37.00
Volume
15,499 shs
Average Volume
8,036 shs
Market Capitalization
$193.35 million
P/E Ratio
11.17
Dividend Yield
3.35%
Price Target
$29.00

Middlefield Banc MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.3% Upside
$29.00 Price Target
Short Interest
Bearish
2.01% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$33,320 Bought Last Quarter
Proj. Earnings Growth
5.95%
From $1.68 to $1.78 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Finance Sector

498th out of 862 stocks

State Commercial Banks Industry

116th out of 182 stocks

MBCN stock logo

About Middlefield Banc Stock (NASDAQ: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 working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. In addition, the company resolves and disposes troubled assets in Ohio. Further, it provides official checks, money orders, ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. The company was founded in 1901 and is headquartered in Middlefield, Ohio.

MBCN Stock Price History

MBCN Stock News Headlines

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Company Calendar

Last Earnings
1/26/2024
Ex-Dividend for 3/15 Dividend
2/29/2024
Dividend Payable
3/15/2024
Today
3/28/2024
Next Earnings (Estimated)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:MBCN
Fax
N/A
Employees
238
Year Founded
1901

Price Target and Rating

Average Stock Price Target
$29.00
High Stock Price Target
$29.00
Low Stock Price Target
$29.00
Potential Upside/Downside
+21.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$17.37 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$96.99 million
Cash Flow
$3.26 per share
Book Value
$34.08 per share

Miscellaneous

Free Float
7,777,000
Market Cap
$193.35 million
Optionable
Not Optionable
Beta
0.62

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Key Executives

  • Mr. Ronald L. Zimmerly Jr. (Age 59)
    CEO, President & Non-Independent Director
    Comp: $33.69k
  • Mr. Michael C. Ranttila (Age 50)
    Senior VP & CFO
  • Mr. Andrew M. Berger
    Managing Director, SM Berger & Company, Inc.
  • Ms. Sarah Winters
    Senior VP & Chief Human Resource Officer
  • Ms. Julie E. Shaw
    Secretary
  • Ms. Teresa M. Hetrick (Age 61)
    Assistant Corporate Secretary
  • Mr. Thomas Hart
    Financial Consultant

MBCN Stock Analysis - Frequently Asked Questions

Should I buy or sell Middlefield Banc stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Middlefield Banc in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" MBCN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MBCN, but not buy additional shares or sell existing shares.
View MBCN analyst ratings
or view top-rated stocks.

What is Middlefield Banc's stock price target for 2024?

2 equities research analysts have issued 12-month target prices for Middlefield Banc's stock. Their MBCN share price targets range from $29.00 to $29.00. On average, they expect the company's share price to reach $29.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price.
View analysts price targets for MBCN
or view top-rated stocks among Wall Street analysts.

How have MBCN shares performed in 2024?

Middlefield Banc's stock was trading at $32.37 on January 1st, 2024. Since then, MBCN stock has decreased by 26.2% and is now trading at $23.90.
View the best growth stocks for 2024 here
.

When is Middlefield Banc's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our MBCN earnings forecast
.

How were Middlefield Banc's earnings last quarter?

Middlefield Banc Corp. (NASDAQ:MBCN) posted its earnings results on Friday, January, 26th. The bank reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.06. The bank had revenue of $25.69 million for the quarter, compared to analysts' expectations of $17.80 million. Middlefield Banc had a trailing twelve-month return on equity of 8.93% and a net margin of 17.91%.

How often does Middlefield Banc pay dividends? What is the dividend yield for Middlefield Banc?

Middlefield Banc declared a quarterly dividend on Monday, February 12th. Shareholders of record on Friday, March 1st will be paid a dividend of $0.20 per share on Friday, March 15th. This represents a $0.80 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Thursday, February 29th.
Read our dividend analysis for MBCN
.

Is Middlefield Banc a good dividend stock?

Middlefield Banc (NASDAQ:MBCN) pays an annual dividend of $0.80 per share and currently has a dividend yield of 3.37%. The dividend payout ratio is 37.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, MBCN will have a dividend payout ratio of 44.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for MBCN.

When did Middlefield Banc's stock split?

Shares of Middlefield Banc split on Monday, November 11th 2019. The 2-1 split was announced on Wednesday, October 9th 2019. The newly created shares were payable to shareholders after the closing bell on Friday, November 8th 2019. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Thomas G. Caldwell's approval rating as Middlefield Banc's CEO?

1 employees have rated Middlefield Banc Chief Executive Officer Thomas G. Caldwell on Glassdoor.com. Thomas G. Caldwell has an approval rating of 100% among the company's employees. This puts Thomas G. Caldwell in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Middlefield Banc own?
Who are Middlefield Banc's major shareholders?

Middlefield Banc's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.73%), Vanguard Group Inc. (4.73%), Dimensional Fund Advisors LP (1.01%), Northern Trust Corp (0.82%), Bridgeway Capital Management LLC (0.61%) and Lineweaver Wealth Advisors LLC (0.48%). Insiders that own company stock include Jennifer L Moeller and Michael C Voinovich.
View institutional ownership trends
.

How do I buy shares of Middlefield Banc?

Shares of MBCN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MBCN) was last updated on 3/28/2024 by MarketBeat.com Staff

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