Middlefield Banc Corp   (MBCN)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial

The company announced a discreet 0.691%, ascent in their revenue, during the second quarter of 2022

Middlefield Banc Corp delivered second quarter of 2022 operating income of $4.876 million

Published 2022-11-16T05:05:59+00:00
Goran Soko / CSIMarket.com Contributer

ATM_nice_pd Middlefield Banc Corp disclosed unaltered earnings per share at $0.70 on moderate Revenue growth of 0.691 % to $13.41 million in the fiscal time-frame ending June 30 2022 from the comparable financial reporting period a year prior.

In comparison to the prior financial reporting period income improved by 7.69 % from $0.65 per share and revenue surged by 4.195 % from $12.87 million.

Bottom-line of $4.089 million in the April to June 30 2022 span fell by -7.59 % from $4.425 million in the corresponding period a year before. Middlefield Banc Corp shifted it's focus on improving sales in the April to June 30 2022 span, as a result net margin eased to 30.49%.
Operating earnings, fell -9.59% to $4.876 million, squeezing Middlefield Banc Corp 's operating margin to 36.36%, from 40.49% in the second quarter of 2021.

Middlefield Banc Corp is expected to report next financial recent numbers on August 07, 2023.

Middlefield Banc's Net Income Growth

Middlefield Banc's Net Profit Margin

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