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Stock impact report

Middlefield Banc Corp. is Set to Join Russell 3000® Index

Middlefield Banc Corp. (MBCN) 
Last middlefield banc corp. earnings: 4/27 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: middlefieldbank.bank/company/mbc9.asp
Company Research Source: GlobeNewswire
MIDDLEFIELD, Ohio, May 25, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) is set to join the broad-market Russell 3000® Index after the 2023 Russell Indexes annual reconstitution, effective after the U.S. market opens on June 26, according to a preliminary list of additions posted May 19. “We are pleased to rejoin the Russell 3000®, which reflects the financial and operating growth we have achieved under our long-term strategic plan,” stated James R. Heslop II, Middlefield’s Chief Executive Officer.  “From December 31, 2012, to April 30, 2023, $100 invested in Middlefield’s stock has achieved a total return of $292.15 compared to $203.23 for the Nasdaq Bank Index, while our annualized dividend has increased from $0.52 in 2012 to $0.80 currently.  We believe our awareness and exposure within the investment community will further increase as a member of the Russell 3000®, and we look forward to pursuing strategies that create long-term value for our shareholders.” Th Show less Read more
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