Middlefield Banc Corp. Reports 2023 First Quarter Financial Results
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, April 24, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the 2023 first quarter ended March 31, 2023. 2023 First Quarter Financial Highlights Include (on a year-over-year basis unless noted): Net income increased 27.7% to a quarterly record of $4.9 millionEarnings were $0.60 per diluted share compared to $0.65 per diluted share, reflecting a 38.4% increase in the average diluted shares outstanding related to the Liberty Bancshares, Inc. mergerAdopted CECL accounting standards, which resulted in an after-tax retained earnings adjustment of $4.4 millionPre-tax, pre-provision net income increased 38.8% to $6.4 millionNet interest margin improved by 46 basis points to 4.26%, compared to 3.80%Total loans were $1.38 billion, compared to $1.35 billion at December 31, 2022Loan growth funded by deposit growth and robust liquidityTotal deposits were $1.43 billion, compared to $1.40 billion at December 31, 2022Un
Show less
Read more
Impact Snapshot
Event Time:
MBCN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MBCN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MBCN alerts
High impacting Middlefield Banc Corp. news events
Weekly update
A roundup of the hottest topics
MBCN
News
- Middlefield Banc Corp. (NASDAQ: MBCN) is now covered by analysts at Hovde Group. They set a "market perform" rating and a $25.00 price target on the stock.MarketBeat
- Committee for the Regional Assessment of Offshore Wind Development in Nova Scotia Releases Interim Report [Yahoo! Finance]Yahoo! Finance
- Middlefield Banc Corp. (NASDAQ:MBCN) Looks Interesting, And It's About To Pay A Dividend [Yahoo! Finance]Yahoo! Finance
- Middlefield Banc (NASDAQ:MBCN) Is Paying Out A Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
- Middlefield Banc Corp. Announces 2024 First Quarter Cash Dividend PaymentGlobeNewswire
MBCN
Earnings
- 1/26/24 - Miss
MBCN
Sec Filings
- 4/5/24 - Form DEF
- 4/4/24 - Form ARS
- 3/28/24 - Form 10-K
- MBCN's page on the SEC website