Middlefield Banc (MBCN) News Today

$24.12
+0.50 (+2.12%)
(As of 05/17/2024 ET)
Middlefield Banc Corp. Declares Quarterly Dividend of $0.20 (NASDAQ:MBCN)
Middlefield Banc Corp. (NASDAQ:MBCN) announced a quarterly dividend on Wednesday, May 15th. Shareholders of record on Friday, May 31st will be given a dividend of 0.20 per share by the bank on Friday, June 14th. This represents a $0.80 annualized dividend and a yield of 3.43%. The ex-dividend date is Friday, May 31st.
Ronald Len Jr. Zimmerly Acquires 1,000 Shares of Middlefield Banc Corp. (NASDAQ:MBCN) Stock
Middlefield Banc Corp. (NASDAQ:MBCN - Get Free Report) CEO Ronald Len Jr. Zimmerly acquired 1,000 shares of the stock in a transaction dated Monday, May 13th. The stock was bought at an average price of $22.47 per share, for a total transaction of $22,470.00. Following the purchase, the chief executive officer now owns 35,876 shares of the company's stock, valued at approximately $806,133.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.
Middlefield Banc Corp. (NASDAQ:MBCN) EVP Thomas M. Wilson Buys 1,000 Shares
Middlefield Banc Corp. (NASDAQ:MBCN - Get Free Report) EVP Thomas M. Wilson bought 1,000 shares of the company's stock in a transaction dated Thursday, May 9th. The stock was purchased at an average price of $22.38 per share, for a total transaction of $22,380.00. Following the purchase, the executive vice president now owns 11,498 shares of the company's stock, valued at approximately $257,325.24. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Middlefield Banc's (MBCN) Market Perform Rating Reaffirmed at Keefe, Bruyette & Woods
Keefe, Bruyette & Woods restated a "market perform" rating and set a $25.00 target price (down previously from $30.00) on shares of Middlefield Banc in a research note on Thursday.
Middlefield Banc (NASDAQ:MBCN) Rating Increased to Hold at StockNews.com
StockNews.com upgraded Middlefield Banc from a "sell" rating to a "hold" rating in a research report on Wednesday.
Middlefield Banc (NASDAQ:MBCN) Posts Earnings Results, Beats Expectations By $0.09 EPS
Middlefield Banc (NASDAQ:MBCN - Get Free Report) released its earnings results on Tuesday. The bank reported $0.51 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.09. The business had revenue of $26.41 million during the quarter, compared to the consensus estimate of $17.10 million. Middlefield Banc had a net margin of 17.91% and a return on equity of 8.76%.
Hovde Group Lowers Middlefield Banc (NASDAQ:MBCN) Price Target to $23.00
Hovde Group dropped their target price on Middlefield Banc from $25.00 to $23.00 and set a "market perform" rating on the stock in a research report on Wednesday.
Middlefield Banc (NASDAQ:MBCN) Now Covered by Hovde Group
Hovde Group began coverage on Middlefield Banc in a research report on Monday. They issued a "market perform" rating and a $25.00 price target on the stock.
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Middlefield Banc Corp. (NASDAQ:MBCN) Short Interest Update
Middlefield Banc Corp. (NASDAQ:MBCN - Get Free Report) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 144,900 shares, a drop of 9.7% from the January 15th total of 160,400 shares. Based on an average trading volume of 14,800 shares, the days-to-cover ratio is presently 9.8 days.
Middlefield Banc Corp. (NASDAQ:MBCN) Director Michael C. Voinovich Buys 1,000 Shares
Middlefield Banc Corp. (NASDAQ:MBCN - Get Free Report) Director Michael C. Voinovich purchased 1,000 shares of the business's stock in a transaction on Friday, February 2nd. The shares were bought at an average cost of $26.67 per share, with a total value of $26,670.00. Following the acquisition, the director now directly owns 8,253 shares of the company's stock, valued at approximately $220,107.51. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Middlefield Banc (NASDAQ:MBCN) Releases Earnings Results, Misses Expectations By $0.06 EPS
Middlefield Banc (NASDAQ:MBCN - Get Free Report) issued its quarterly earnings results on Friday. The bank reported $0.44 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.06). The business had revenue of $25.69 million for the quarter, compared to analyst estimates of $17.80 million. Middlefield Banc had a net margin of 19.26% and a return on equity of 9.73%.
Middlefield Banc: Q4 Earnings Insights
Middlefield Banc (MBCN) to Release Quarterly Earnings on Thursday
Middlefield Banc (NASDAQ:MBCN) will be releasing earnings on Thursday, January 25, Yahoo Finance reports.
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MBCN Media Mentions By Week

MBCN Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

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MBCN News Coverage

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This page (NASDAQ:MBCN) was last updated on 5/19/2024 by MarketBeat.com Staff

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