MBCN - Middlefield Banc Corp Stock Price, Fair Value and News

23.54USD-0.08 (-0.34%)Delayed

Market Summary

USD23.54-0.08

Delayed

-0.34%

MBCN Alerts

1 major insider buys recently.

MBCN Stock Price

View Fullscreen

MBCN RSI Chart

MBCN Valuation

Market Cap

189.9M

Price/Earnings (Trailing)

11.41

Price/Sales (Trailing)

2.01

EV/EBITDA

2.24

Price/Free Cashflow

9.29

MBCN Price/Sales (Trailing)

MBCN Profitability

EBT Margin

20.93%

Return on Equity

8.09%

Return on Assets

0.92%

Free Cashflow Yield

10.76%

MBCN Fundamentals

MBCN Revenue

Revenue (TTM)

94.6M

Rev. Growth (Yr)

21.22%

Rev. Growth (Qtr)

2.17%

MBCN Earnings

Earnings (TTM)

16.6M

Earnings Growth (Yr)

-14.89%

Earnings Growth (Qtr)

17.6%

Breaking Down MBCN Revenue

Last 7 days

4.4%

Last 30 days

7.1%

Last 90 days

-9.5%

Trailing 12 Months

3.7%

How does MBCN drawdown profile look like?

MBCN Financial Health

MBCN Investor Care

Dividend Yield

3.61%

Dividend/Share (TTM)

0.85

Buy Backs (1Y)

0.27%

Diluted EPS (TTM)

2.05

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	94.6M	0	0	0
2023	62.9M	73.0M	82.5M	90.3M
2022	51.5M	51.3M	51.5M	54.9M
2021	52.8M	52.6M	52.5M	52.3M
2020	54.0M	53.5M	53.1M	52.6M
2019	51.9M	53.5M	54.5M	54.5M
2018	45.7M	47.0M	48.5M	50.4M
2017	32.8M	36.3M	40.3M	44.0M
2016	28.9M	29.2M	29.5M	30.0M
2015	27.9M	28.1M	28.3M	28.6M
2014	28.2M	28.1M	27.9M	27.9M
2013	28.5M	28.3M	28.1M	28.2M
2012	29.6M	29.4M	29.2M	28.7M
2011	29.5M	29.6M	29.8M	29.7M
2010	0	27.1M	28.1M	29.1M
2009	0	0	0	26.1M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Middlefield Banc Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 09, 2024	wilson thomas m	bought	22,380	22.38	1,000	evp-chief strategy officer
May 09, 2024	moeller jennifer l	bought	5,750	23.00	250	-
Feb 23, 2024	erminio courtney m	sold (taxes)	-9,744	24.3	-401	evp/chief risk officer
Feb 23, 2024	ranttila michael	acquired	45,246	24.3	1,862	evp/cfo
Feb 23, 2024	erminio courtney m	acquired	25,320	24.3	1,042	evp/chief risk officer
Feb 23, 2024	ranttila michael	sold (taxes)	-18,443	24.3	-759	evp/cfo
Feb 14, 2024	moeller jennifer l	bought	6,650	23.75	280	-
Feb 05, 2024	voinovich michael c	bought	25,750	25.75	1,000	-
Feb 02, 2024	voinovich michael c	bought	26,670	26.67	1,000	-
Jan 02, 2024	moeller jennifer l	acquired	7,768	32.37	240	-

Which funds bought or sold MBCN recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	Ancora Advisors LLC	reduced	-17.59	-159,418	247,182	0.01%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.95	-23,022	18,865	-%
May 15, 2024	Tower Research Capital LLC (TRC)	added	44.33	1,423	23,402	-%
May 15, 2024	BRIDGEWAY CAPITAL MANAGEMENT, LLC	reduced	-1.75	-441,120	1,161,810	0.02%
May 15, 2024	Royal Bank of Canada	reduced	-96.41	-164,000	4,000	-%
May 15, 2024	CITADEL ADVISORS LLC	new	-	302,607	302,607	-%
May 15, 2024	DEUTSCHE BANK AG\	added	18.73	-11,600	81,885	-%
May 15, 2024	MORGAN STANLEY	reduced	-29.95	-280,981	300,482	-%
May 15, 2024	UNITED CAPITAL FINANCIAL ADVISORS, LLC	new	-	436,144	436,144	-%
May 15, 2024	Tyler-Stone Wealth Management	unchanged	-	-1,698	4,776	-%

Are Funds Buying or Selling MBCN?

Are funds buying MBCN calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MBCN

No. of Funds

MBCN Alerts

1 major insider buys recently.

Unveiling Middlefield Banc Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 29, 2024	blackrock inc.	6.0%	484,202	SC 13G
Jan 05, 2023	ancora advisors, llc	4.35%	365,744	SC 13D
Dec 09, 2022	castle creek capital partners vi, lp	6.7%	56	SC 13D
Apr 18, 2022	ancora advisors, llc	7.82%	459,694	SC 13D/A
Nov 10, 2021	ancora advisors, llc	7.56%	464,479	SC 13D
Nov 01, 2021	ancora advisors, llc	6.81%	418,374	SC 13D

Recent SEC filings of Middlefield Banc Corp

View All Filings

Date Filed	Form Type	Document
May 14, 2024	10-Q	Quarterly Report
May 14, 2024	4	Insider Trading
May 14, 2024	8-K	Current Report
May 09, 2024	4	Insider Trading
May 09, 2024	4	Insider Trading
Apr 30, 2024	8-K	Current Report
Apr 05, 2024	DEF 14A	DEF 14A
Apr 04, 2024	ARS	ARS
Mar 28, 2024	8-K	Current Report
Mar 28, 2024	10-K	Annual Report

Peers (Alternatives to Middlefield Banc Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	588.1B	174.7B	13.73%	46.82%	11.68	3.37	53.11%	19.83%
BAC	307.4B	137.9B	11.58%	38.08%	12.28	2.23	56.12%	-12.56%
WFC	213.0B	85.8B	6.86%	51.95%	11.35	2.48	35.02%	26.14%
C	122.2B	125.0B	10.16%	38.13%	15.29	0.98	37.85%	-
CFG	16.9B	10.4B	12.51%	41.04%	11.81	1.62	26.22%	-33.87%
KEY	14.5B	8.1B	6.72%	53.23%	16.61	1.78	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	10.08%	41.38%	10.46	1.71	34.68%	-45.96%
ZION	6.6B	4.1B	14.23%	65.05%	10.55	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	13.35%	57.95%	12.32	2.65	30.60%	-12.99%
ASB	3.4B	2.0B	11.57%	43.03%	20.88	1.65	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	417.1M	173.1M	15.06%	27.00%	14.3	2.41	26.54%	-34.86%
ALRS	390.4M	152.4M	-0.90%	32.84%	39.27	2.56	16.94%	-73.84%
ACNB	295.5M	98.7M	10.19%	20.01%	10.04	2.99	6.27%	-22.90%
ASRV	48.0M	62.5M	8.95%	-1.75%	-16.24	0.77	18.83%	-145.18%

Middlefield Banc Corp News

Latest updates

Middlefield Banc Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.2%	25.00	24.00	23.00	23.00	20.00	16.00	14.00	13.00	12.00	13.00	13.00	13.00	13.00	13.00	14.00	13.00	13.00	13.00	14.00	14.00	13.00
EBITDA Margin	-7.6%	0.88*	0.95*	1.02*	1.12*	1.19*	1.25*	1.36*	1.38*	1.39*	1.38*	1.31*	1.21*	-	-	-	-	-	-	-	-	-
Interest Expenses	-2.6%	15.00	15.00	16.00	17.00	17.00	14.00	13.00	12.00	11.00	12.00	12.00	12.00	12.00	11.00	11.00	11.00	10.00	10.00	11.00	10.00	10.00
Income Taxes	8.5%	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	1.00	0.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	16.1%	5.00	4.00	5.00	6.00	6.00	4.00	5.00	5.00	5.00	6.00	6.00	5.00	5.00	3.00	2.00	4.00	1.00	4.00	4.00	4.00	4.00
EBT Margin	-8.9%	0.21*	0.23*	0.25*	0.29*	0.32*	0.34*	0.40*	0.42*	0.43*	0.43*	0.38*	0.30*	-	-	-	-	-	-	-	-	-
Net Income	17.6%	4.00	4.00	4.00	5.00	5.00	4.00	4.00	4.00	4.00	5.00	5.00	4.00	4.00	2.00	2.00	3.00	1.00	3.00	3.00	3.00	3.00
Net Income Margin	-8.6%	0.18*	0.19*	0.21*	0.24*	0.27*	0.29*	0.33*	0.35*	0.36*	0.36*	0.31*	0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	-30.6%	5.00	8.00	2.00	5.00	6.00	6.00	6.00	4.00	2.00	4.00	5.00	4.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.3%	1,817	1,823	1,793	1,752	1,728	1,688	1,351	1,293	1,323	1,331	1,366	1,360	1,388	1,392	1,365	1,343	1,214	1,182	1,281	1,288	1,281
Cash Equivalents	-100.0%	-	4.00	-	-	-	0.00	-	-	-	1.00	-	-	-	1.00	-	-	55.00	3.00	120	135	121
Net PPE	-1.4%	21.00	21.00	22.00	22.00	22.00	22.00	16.00	17.00	17.00	17.00	18.00	18.00	18.00	18.00	19.00	19.00	18.00	18.00	17.00	17.00	16.00
Goodwill	0%	36.00	36.00	36.00	36.00	32.00	32.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00	15.00
Liabilities	-0.4%	1,611	1,617	1,600	1,554	1,533	1,490	1,228	1,165	1,186	1,186	1,220	1,214	1,243	1,248	1,223	1,203	1,081	1,045	1,145	1,154	1,149
Short Term Borrowings	-100.0%	-	163	-	-	-	65.00	80.00	-	-	-	-	-	-	-	-	20.00	60.00	5.00	92.00	85.00	91.00
Shareholder's Equity	-0.1%	206	206	194	197	195	198	123	128	138	145	146	146	145	144	142	141	133	138	136	134	132
Retained Earnings	2.5%	103	100	99.00	97.00	93.00	94.00	93.00	90.00	87.00	84.00	80.00	76.00	73.00	70.00	68.00	67.00	65.00	65.00	63.00	61.00	58.00
Shares Outstanding	-0.3%	8.00	8.00	8.00	8.00	8.00	8.00	6.00	6.00	6.00	6.00	6.00	6.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	215	-	-	-	140	-	-	-	140	-	-	-	125	-	-	-	124	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-29.7%	5,439	7,739	2,792	5,387	6,438	5,857	5,949	4,019	2,462	4,139	4,810	3,704	2,769	9,447	3,082	-427	2,980	3,746	4,803	4,229	681
Cashflow From Investing	53.5%	-11,610	-24,955	-38,233	-32,336	-31,018	31,813	-17,590	-10,477	-12,356	22,425	34,775	22,583	-8,897	19,763	-22,651	-114,128	-18,309	12,982	-7,580	6,440	-11,566
Cashflow From Financing	-167.0%	-8,411	12,550	41,867	19,368	37,428	-112,438	61,065	-22,667	-1,322	-39,421	297	-34,291	-5,816	30,226	14,264	117,508	35,549	-101,640	-12,580	3,668	23,997
Dividend Payments	-20.3%	1,613	2,023	1,619	1,617	1,605	2,514	983	993	1,000	1,242	978	1,004	1,016	957	957	956	964	964	900	912	909
Buy Backs	-	1,055	-	-	-	4,506	2,477	1,220	1,603	819	4,167	3,932	3,081	1,111	-	-	-	1,191	-	1,523	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

MBCN Income Statement

2024-03-31

Consolidated Statement of Income (Unaudited) - USD ($)

3 Months Ended

Mar. 31, 2024

Mar. 31, 2023

INTEREST AND DIVIDEND INCOME

Interest and fees on loans

$ 22,395,000

$ 18,275,000

Interest-earning deposits in other institutions

437,000

250,000

Federal funds sold

152,000

253,000

Investment securities:

Taxable interest

467,000

458,000

Tax-exempt interest

972,000

980,000

Dividends on stock

189,000

88,000

Total interest and dividend income

24,612,000

20,304,000

INTEREST EXPENSE

Deposits

7,466,000

2,990,000

Short-term borrowings

1,993,000

653,000

Other borrowings

184,000

155,000

Total interest expense

9,643,000

3,798,000

NET INTEREST INCOME

14,969,000

16,506,000

(Recovery of) Provision for credit losses

(136,000)

507,000

NET INTEREST INCOME AFTER (RECOVERY OF) PROVISION FOR CREDIT LOSSES

15,105,000

15,999,000

NONINTEREST INCOME

Loss on equity securities

^[1]

(52,000)

(138,000)

Gain on other real estate owned

^[1]

2,000

Earnings on bank-owned life insurance

^[1]

227,000

200,000

Gain on sale of loans

^[1]

10,000

23,000

Revenue from investment services

204,000

186,000

Gross rental income

^[1]

67,000

102,000

Total noninterest income

1,796,000

1,680,000

NONINTEREST EXPENSE

Salaries and employee benefits

6,333,000

5,852,000

Occupancy expense

552,000

696,000

Equipment expense

240,000

317,000

Data processing and information technology costs

1,249,000

1,070,000

Ohio state franchise tax

397,000

385,000

Federal deposit insurance expense

251,000

120,000

Professional fees

558,000

538,000

Advertising expense

419,000

486,000

Software amortization expense

22,000

26,000

Core deposit intangible amortization

258,000

265,000

Gross other real estate owned expenses

99,000

132,000

Merger-related costs

245,000

Other expense

1,587,000

1,662,000

Total noninterest expense

11,965,000

11,794,000

Income before income taxes

4,936,000

5,885,000

Income taxes

769,000

989,000

NET INCOME

$ 4,167,000

$ 4,896,000

EARNINGS PER SHARE

Basic (in dollars per share)

$ 0.52

$ 0.6

Diluted (in dollars per share)

$ 0.51

$ 0.6

Deposit Account [Member]

NONINTEREST INCOME

Noninterest income revenue

$ 909,000

$ 987,000

Financial Service, Other [Member]

NONINTEREST INCOME

Noninterest income revenue

$ 431,000

$ 318,000

[1]	Not within scope of ASC 606

MBCN Balance Sheet

2024-03-31

Consolidated Balance Sheet (Unaudited) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Cash and due from banks	$ 44,816,000	$ 56,397,000
Federal funds sold	1,438,000	4,439,000
Cash and cash equivalents	46,254,000	60,836,000
Investment securities available for sale, at fair value	167,890,000	170,779,000
Other investments	907,000	955,000
Loans:
Loans	1,490,126,000	1,478,130,000
Less: allowance for credit losses	21,069,000	21,693,000
Net loans	1,469,057,000	1,456,437,000
Premises and equipment, net	21,035,000	21,339,000
Goodwill	36,356,000	36,356,000
Core deposit intangibles	6,384,000	6,642,000
Bank-owned life insurance	34,575,000	34,349,000
Accrued interest receivable and other assets	34,210,000	35,190,000
TOTAL ASSETS	1,816,668,000	1,822,883,000
LIABILITIES
Noninterest-bearing demand	390,185,000	401,384,000
Interest-bearing demand	209,015,000	205,582,000
Money market	318,823,000	274,682,000
Savings	196,721,000	210,639,000
Time	332,165,000	334,315,000
Total deposits	1,446,909,000	1,426,602,000
Federal Home Loan Bank advances	137,000,000	163,000,000
Other borrowings	11,812,000	11,862,000
Accrued interest payable and other liabilities	15,372,000	15,738,000
TOTAL LIABILITIES	1,611,093,000	1,617,202,000
STOCKHOLDERS' EQUITY
Common stock, no par value; 25,000,000 shares authorized, 9,946,454 and 9,930,704 shares issued; 8,067,144 and 8,095,252 shares outstanding	161,823,000	161,388,000
Retained earnings	102,791,000	100,237,000
Accumulated other comprehensive loss	(18,130,000)	(16,090,000)
Treasury stock, at cost; 1,879,310 and 1,835,452 shares	(40,909,000)	(39,854,000)
TOTAL STOCKHOLDERS' EQUITY	205,575,000	205,681,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	1,816,668,000	1,822,883,000
Commercial Real Estate Portfolio Segment [Member] \| Owner Occupied Loan [Member]
Loans:
Loans	178,543,000	183,545,000
Less: allowance for credit losses	2,060,000	2,668,000
Commercial Real Estate Portfolio Segment [Member] \| Non-owner occupied Loan [Member]
Loans:
Loans	398,845,000	401,580,000
Less: allowance for credit losses	7,768,000	4,480,000
Commercial Real Estate Portfolio Segment [Member] \| Multifamily Loan [Member]
Loans:
Loans	81,691,000	82,506,000
Less: allowance for credit losses	1,204,000	1,796,000
Residential Portfolio Segment [Member]
Loans:
Loans	331,480,000	328,854,000
Less: allowance for credit losses	4,774,000	5,450,000
Commercial And Industrial [Member]
Loans:
Loans	227,433,000	221,508,000
Less: allowance for credit losses	2,038,000	4,377,000
Home Equity Lines of Credit [Member]
Loans:
Loans	129,287,000	127,818,000
Less: allowance for credit losses	785,000	750,000
Construction and Other [Member]
Loans:
Loans	135,716,000	125,105,000
Less: allowance for credit losses	2,373,000	1,990,000
Consumer Portfolio Segment [Member]
Loans:
Loans	7,131,000	7,214,000
Less: allowance for credit losses	$ 67,000	$ 182,000

About Middlefield Banc Corp

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.

CEO	Mr. James R. Heslop II
WEBSITE	middlefieldbank.bank
INDUSTRY	Banks Diversified
EMPLOYEES	238

Middlefield Banc Corp Frequently Asked Questions

What is the ticker symbol for Middlefield Banc Corp? What does MBCN stand for in stocks?

MBCN is the stock ticker symbol of Middlefield Banc Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Middlefield Banc Corp (MBCN)?

As of Fri May 17 2024, market cap of Middlefield Banc Corp is 189.9 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MBCN stock?

You can check MBCN's fair value in chart for subscribers.

What is the fair value of MBCN stock?

You can check MBCN's fair value in chart for subscribers. The fair value of Middlefield Banc Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Middlefield Banc Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MBCN so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Middlefield Banc Corp a good stock to buy?

The fair value guage provides a quick view whether MBCN is over valued or under valued. Whether Middlefield Banc Corp is cheap or expensive depends on the assumptions which impact Middlefield Banc Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MBCN.

What is Middlefield Banc Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, MBCN's PE ratio (Price to Earnings) is 11.41 and Price to Sales (PS) ratio is 2.01. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MBCN PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Middlefield Banc Corp's stock?

In the past 10 years, Middlefield Banc Corp has provided 0.076 (multiply by 100 for percentage) rate of return.