Middlefield Banc Corp. Reports 2024 First Quarter Financial Results
Middlefield Banc Corp. (MBCN)
Last middlefield banc corp. earnings: 4/27 08:00 am
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US:NASDAQ Investor Relations:
middlefieldbank.bank/company/mbc9.asp
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Source: GlobeNewswire
MIDDLEFIELD, Ohio, April 30, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today reported financial results for the three months ended March 31, 2024. 2024 First Quarter Financial Highlights (on a year-over-year basis unless noted): Net income was $4.2 million, compared to $4.9 million for the quarter ended March 31, 2023, and $3.5 million for the quarter ended December 31, 2023Earnings were $0.51 per diluted share, compared to $0.60 per diluted share for the quarter ended March 31, 2023, and $0.44 per diluted share for the quarter ended December 31, 2023Net interest income after the provision for credit losses was $15.1 million, compared to $16.0 millionNoninterest income increased 6.9% to $1.8 millionTotal loans increased 7.8% to a record $1.49 billionTotal deposits were $1.45 billion, compared to $1.43 billionReturn on average assets annualized was 0.92%, compared to 0.78% for the quarter ended December 31, 2023Return on average equity annua
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MBCN
News
- Is Middlefield Banc Corp (NASDAQ:MBCN) the Best Financial Dividend Stock Insiders are Buying in 2024? [Yahoo! Finance]Yahoo! Finance
- Middlefield Banc Corp. Announces 2024 Second-Quarter Cash Dividend PaymentGlobeNewswire
- Middlefield Banc First Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]Yahoo! Finance
- Results: Middlefield Banc Corp. Beat Earnings Expectations And Analysts Now Have New Forecasts [Yahoo! Finance]Yahoo! Finance
- Middlefield Banc Corp. (NASDAQ: MBCN) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $25.00 price target on the stock, down previously from $30.00.MarketBeat
MBCN
Earnings
- 4/30/24 - Beat
MBCN
Sec Filings
- 5/14/24 - Form 10-Q
- 5/14/24 - Form 4
- 5/14/24 - Form 8-K
- MBCN's page on the SEC website