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Middlefield Banc Corp   (MBCN)
Other Ticker:  
 
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial


 

Middlefield Banc Corp

MBCN's Financial Statements and Analysis



Middlefield Banc Corp reported in the third quarter of 2023 net earnings per share of $0.47 a decrease by -35.62 % year on year from $0.73 and decline of -25.4 % from $0.63 earned in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.47 $  17 Mill
$-0.26     -35.62 % $+3M     +17.76 %



Middlefield Banc 's Revenue rose by 17.76 % in third quarter of 2023 (Sep 30 2023) year on year, to $17 million and declined by -8.13 % sequentially.


Middlefield Banc is

More on MBCN's Income Statement



Middlefield Banc 's net income of $3.836 million in the third quarter of 2023 decreased by -9.72 % from net earnings of $4.249 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -24.67 % from net income of $5.092 million realized in previous quarter.

More on MBCN's Growth

Middlefield Banc Inventories
MBCN's Cash flow In the third quarter of 2023 company's net cash flow was $6 million, capital expenditures fell by -0.29670.61%, to $-1 millions compare to same quarter a year ago

More on MBCN's Cash flow Statement


Middlefield Banc Corp payed out dividend of $1.01 per share in last 52 weeks representing 45.29 % of net earning per share in trailing twelve-month period.

During the same period Middlefield Banc Corp earned $ 2.51 cash per share, on a free-cash flow basis 112.66 % of net earning per share.

Book value fell by -2.72 % sequentially to $23.74 per share.
Tangible Book value fell to $ 18.46 per share from $ 19.04.

Company issued 0.08 million shares or 0.98 % in Sep 30 2023.
Interest Coverage Ratio was 2.11. Debt Coverage Ratio was 1.39.

More on MBCN's Dividends

 Market Capitalization (Millions) 193
 Shares Outstanding (Millions) 8
 Total Debt (Millions $) 12
 Revenue (TTM) (Millions $) 69
 Net Income (TTM) (Millions $) 17
 Cash Flow (TTM) (Millions $) -63
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 1.01 $
 Dividend Yield TTM (%) 3.33 %
 Employees (TTM) $ 143




Middlefield Banc Corp payed out dividend of $1.01 per share in the last 52 weeks representing 45.29 % of net earning per share in trailing twelve-month period.

During the same period Middlefield Banc Corp had $ 2.51 cash flow per share, on a free-cash flow basis 112.66 % of net earning per share.

Book value fell by -2.72 % sequentially to $23.74 per share.
Tangible Book value fell to $ 18.46 per share from $ 19.04.

Company issued 0.08 million shares or 0.98 % in Sep 30 2023.
Interest Coverage Ratio was 2.11. Debt Coverage Ratio was 1.39.

More on MBCN's Balance Sheets

 Market Capitalization (Millions) 193
 Shares Outstanding (Millions) 8
 Total Debt (Millions $) 12
 Revenue (TTM) (Millions $) 69
 Net Income (TTM) (Millions $) 17
 Cash Flow (TTM) (Millions $) -63
 Capital Exp. (TTM) (Millions $) -1
 Dividend TTM ($) 1.01 $
 Dividend Yield TTM (%) 3.33 %
 Employees (TTM) $ 143
   


  News about Middlefield Banc Corp Earnings

Middlefield Banc Corp Soars with Stunning Double Digit Revenue Surge in Q3 2023

Middlefield Banc Corp (NASDAQ: MBCN) experienced a decline in income during the third quarter of the 2023 earnings season, despite significant r...

Middlefield Banc Corp Sees Profit Dip, but Revenue Skyrockets in Latest Fiscal Period



Middlefield Banc Corp recently unveiled its financial results for the period between April and June 30, 2023. While the company recorded a decrease in net profit per share, it witnessed a significant rise in revenue compared to the same period in 2022. This article will delve into these financial results and ponder how they might impact the company moving forward.
Net Profit and Revenue:
Middlefield Banc Corp announced a net profit per share of $0.63 for the April-June 2023 quarter. This figure represents a decline from the $0.70 per share earned during the same quarter in 2022. Despite this decrease, the company experienced a substantial 35.202% increase in revenue, reaching $17.68 million...

Middlefield Banc Corp Executes Remarkable Fiscal First Quarter, Announces Increased Revenue and Net Profits

Middlefield Banc Corp, a regional bank in the United States, recently announced its financial results for the fiscal interval ending March 31, 2023. The company reported earnings per share (EPS) of $0.60 and revenue of $16.50 million. While the revenue saw a significant increase of 37.355% in the corresponding period, MBCN's profits decreased to $0.60 per share, compared to $0.65 per share in the same period the previous year.
Despite the decrease in profit per share, Middlefield Banc Corp realized net profits of $4.896 million in the fiscal first quarter of 2023, representing a 27.73% increase from the net earnings of $3.833 million reported in the same period a year ago. The company's focus on improvin...


Date modified: 2023-11-14T19:10:36+00:00





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