Raymond James initiated coverage of Middlefield Banc with a rating of Mkt Perform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/1/2024 | $25.00 → $23.00 | Market Perform | Hovde Group |
| 4/1/2024 | $25.00 | Market Perform | Hovde Group |
| 10/13/2023 | $29.00 | Market Perform | Hovde Group |
| 8/31/2023 | Mkt Perform | Raymond James | |
| 12/21/2022 | $30.00 | Neutral | Janney |
Middlefield Banc (NASDAQ:MBCN) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.40 by 30 percent. This is a 17.46 percent decrease over earnings of $0.63 per share from the same period last year.
Keefe, Bruyette & Woods analyst Timothy Switzer reiterates Middlefield Banc (NASDAQ:MBCN) with a Market Perform and lowers the price target from $30 to $25.
Hovde Group reiterated coverage of Middlefield Banc with a rating of Market Perform and set a new price target of $23.00 from $25.00 previously
Hovde Group resumed coverage of Middlefield Banc with a rating of Market Perform and set a new price target of $25.00
Hovde Group initiated coverage of Middlefield Banc with a rating of Market Perform and set a new price target of $29.00
4 - MIDDLEFIELD BANC CORP (0000836147) (Issuer)
4/A - MIDDLEFIELD BANC CORP (0000836147) (Issuer)
4 - MIDDLEFIELD BANC CORP (0000836147) (Issuer)
MIDDLEFIELD, Ohio, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The fourth-quarter dividend is payable on December 13, 2024, to shareholders of record on November 29, 2024. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.86 billion at September 30, 2024. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, M
MIDDLEFIELD, Ohio, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today reported financial results for the nine months ended September 30, 2024. 2024 Nine-Month Financial Highlights (on a year-over-year basis): Net income was $10.7 million, compared to $13.8 millionPre-tax, pre-provision net income(1) was $14.7 million, compared to $19.0 millionEarnings were $1.32 per diluted share, compared to $1.70 per diluted shareNet interest income after the provision for credit losses was $42.9 million, compared to $47.4 millionNoninterest income increased 4.1% to $5.3 million, compared to $5.1 millionTotal loans increased 3.9% to a record $1.50 billion, compared to $1.45 b
MIDDLEFIELD, Ohio, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced that it will celebrate the 10th anniversary of its listing on the Nasdaq Stock Market by ringing the Opening Bell on Tuesday, August 27, 2024. The Middlefield Banc Corp. Opening Bell Ceremony will be broadcast live on Tuesday, August 27, 2024, starting at approximately 9:15 a.m. ET. Viewers can watch the opening ceremony on Facebook or the livestream at https://www.nasdaq.com/marketsite/bell-ringing-ceremony. "It is an honor to represent Middlefield by ringing the Nasdaq Opening Bell and celebrating our 10th anniversary on the Nasdaq Stock Market. As a community bank, we are dedicate
8-K - MIDDLEFIELD BANC CORP (0000836147) (Filer)
8-K - MIDDLEFIELD BANC CORP (0000836147) (Filer)
10-Q - MIDDLEFIELD BANC CORP (0000836147) (Filer)
MIDDLEFIELD, Ohio, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The fourth-quarter dividend is payable on December 13, 2024, to shareholders of record on November 29, 2024. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.86 billion at September 30, 2024. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, M
MIDDLEFIELD, Ohio, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today reported financial results for the nine months ended September 30, 2024. 2024 Nine-Month Financial Highlights (on a year-over-year basis): Net income was $10.7 million, compared to $13.8 millionPre-tax, pre-provision net income(1) was $14.7 million, compared to $19.0 millionEarnings were $1.32 per diluted share, compared to $1.70 per diluted shareNet interest income after the provision for credit losses was $42.9 million, compared to $47.4 millionNoninterest income increased 4.1% to $5.3 million, compared to $5.1 millionTotal loans increased 3.9% to a record $1.50 billion, compared to $1.45 b
MIDDLEFIELD, Ohio, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced that it will celebrate the 10th anniversary of its listing on the Nasdaq Stock Market by ringing the Opening Bell on Tuesday, August 27, 2024. The Middlefield Banc Corp. Opening Bell Ceremony will be broadcast live on Tuesday, August 27, 2024, starting at approximately 9:15 a.m. ET. Viewers can watch the opening ceremony on Facebook or the livestream at https://www.nasdaq.com/marketsite/bell-ringing-ceremony. "It is an honor to represent Middlefield by ringing the Nasdaq Opening Bell and celebrating our 10th anniversary on the Nasdaq Stock Market. As a community bank, we are dedicate
SC 13D - MIDDLEFIELD BANC CORP (0000836147) (Subject)
SC 13D - MIDDLEFIELD BANC CORP (0000836147) (Subject)
SC 13D/A - MIDDLEFIELD BANC CORP (0000836147) (Subject)
Ronald L. Zimmerly, Jr. Appointed Chief Executive Officer on January 1, 2024James R. Heslop, II to Retire as Chief Executive Officer MIDDLEFIELD, Ohio, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced the Company has appointed Ronald L. Zimmerly, Jr. as Chief Executive Officer, succeeding James R. Heslop, II. Mr. Zimmerly, currently President and Director of Middlefield Banc Corp. ("Middlefield" or the "Company") and The Middlefield Banking Company (the "Bank"), will assume the role of Chief Executive Officer of both entities on January 1, 2024, upon Mr. Heslop's retirement. Mr. Heslop will resign from the Middlefield Banc Corp. Board of Directors
MIDDLEFIELD, Ohio, Aug. 22, 2023 (GLOBE NEWSWIRE) -- The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ:MBCN), today announced the appointment of Brett Baumeister as the Senior Vice President – Commercial Lending Western Region. "Brett is a proven banker and leader with over 30 years of experience serving communities throughout Western Ohio. His appointment follows the recent additions of new commercial market executives in both Central and Northeast Ohio. With a strong leadership team in place, we are well positioned to grow by serving the local needs of our Western, Central, and Northeast Ohio markets. I am excited to work with Brett and look fo
Sarah Winters, Senior Vice President/Chief Human Resource Officer MIDDLEFIELD, Ohio, July 11, 2023 (GLOBE NEWSWIRE) -- The Middlefield Banking Company, a wholly owned subsidiary of Middlefield Banc Corp. (NASDAQ:MBCN), today announced the appointment of Sarah Winters as the Senior Vice President/Chief Human Resource Officer. In this role, Winters will be responsible for Middlefield's HR strategy including talent management, succession planning, and organizational development. "Sarah is a highly experienced HR leader with a proven ability in developing human capital strategies that drive business results," said James R. Heslop, II, Middlefield's Chief Executive Officer. "We look forward t
4 - MIDDLEFIELD BANC CORP (0000836147) (Issuer)
4/A - MIDDLEFIELD BANC CORP (0000836147) (Issuer)
4 - MIDDLEFIELD BANC CORP (0000836147) (Issuer)