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MBCN

Middlefield Banc Corp.

MBCN

NASDAQ·Financial Services·Banks - Regional·Mkt cap $273.6M

$33.67

+0.06%

P/E

14.09

Mkt Cap

$273.6M

52-Wk Range

$22.74–$37.68

52-Week Range

$22.74 - $37.68

P/E

14.09

Fwd P/E

14.03

Beta

0.38

Div Yield

2.49%

Avg Vol

34.0K

Shares Out

8.1M

Mkt Cap

$273.6M

Price action

Price chart

Up 23.6% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • 120+ year operating history with deep community roots in Ohio markets
  • Established branch network of 17 banking centers in high-growth northeastern and central Ohio regions
  • Relationship-focused business model serving underserved small business and professional segments
  • Diversified loan portfolio reducing concentration risk across commercial, real estate, agricultural, and consumer segments
  • Digital banking capabilities combined with personalized local service differentiation

Bear Case

2 risks

  • Low volatility (beta 0.4).
  • Premium valuation to Commercial Banking peers

Growth

Revenue decline expected

Economic expansion in central Ohio markets including Dublin, Westerville, and Sunbury corridors

Value

Premium valuation to Commercial Banking peers

Momentum

Stable

-0.8% over 3m

Quality

Excellent

Strong fundamentals

Dividend

Solid

2.49% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

LATEST RECAP

Most recent quarter reported revenue of $24.6M (+41% YoY). Reported EPS of $0.39. Gross margin 62.8%.

Reported EPS · last 4Q

Q4 25

$0.39

Q3 25

$0.66

Q2 25

$0.76

Q1 25

$0.60

Revenue trend · last 8Q

+3%

+8%

+22%

+18%

+41%

Q1 24

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

$16.8M

$16.8M

$16.8M

$17.5M

$27.4M

$30.3M

$29.9M

$24.6M

Margins · last 8Q

Gross

62.8%

Operating

16.0%

Profit

12.6%

Wall Street consensus

Analyst coverage

Live ratings and price targets aggregated across covering analysts.

vs Industry

How MBCN stacks vs Banks - Regional

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.