Middlefield Banc

Company Profile

Middlefield Banc had its IPO on 2002-06-05 under the ticker symbol MBCN.

The company operates in the Financial Services sector and Banks-Regional industry. Middlefield Banc has a staff strength of 238 employees.

Stock update

Shares of Middlefield Banc opened at $25.58 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $25.58 - $26.33, and closed at $26.33.

This is a +3.82% increase from the previous day's closing price.

A total volume of 6,531 shares were traded at the close of the day’s session.

In the last one week, shares of Middlefield Banc have slipped by -1.39%.

Middlefield Banc's Key Ratios

Middlefield Banc has a market cap of $205.23 million, indicating a price to book ratio of 1.8297 and a price to sales ratio of 4.0967.

In the last 12-months Middlefield Banc’s revenue was $66.45 million with a gross profit of $56.92 million and an EBITDA of $0. The EBITDA ratio measures Middlefield Banc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Middlefield Banc’s operating margin was 40.52% while its return on assets stood at 1.17% with a return of equity of 10.9%.

In Q2, Middlefield Banc’s quarterly earnings growth was a negative -9.9% while revenue growth was a positive 35.2%.

Middlefield Banc’s PE and PEG Ratio

Forward PE

10.4932

Trailing PE

10.2672

PEG

0

Its diluted EPS in the last 12-months stands at $2.47 per share while it has a forward price to earnings multiple of 10.4932 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Middlefield Banc’s profitability.

Middlefield Banc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 4.0967.

Middlefield Banc stock pays annual dividends of $0.77 per share, indicating a yield of 3.1% and a payout ratio of 32.26%.

Balance sheet and cash flow metrics

Total Assets

$1.75 billion

Total Liabilities

$100.00 million

Operating Cash Flow

$-32336000.00

Capital Expenditure

$290000

Dividend Payout Ratio

32.26%

Middlefield Banc ended 2024 with $1.75 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.75 billion while shareholder equity stood at $197.23 million.

Middlefield Banc ended 2024 with $0 in deferred long-term liabilities, $100.00 million in other current liabilities, 161211000.00 in common stock, $96.50 million in retained earnings and $36.20 million in goodwill. Its cash balance stood at $49.42 million and cash and short-term investments were $216.63 million. The company’s total short-term debt was $100,000,000 while long-term debt stood at $11.96 million.

Middlefield Banc’s total current assets stands at $216.63 million while long-term investments were $167.92 million and short-term investments were $167.21 million. Its net receivables were $30.47 million compared to accounts payable of $10.68 million and inventory worth $0.

In 2024, Middlefield Banc's operating cash flow was $-32336000.00 while its capital expenditure stood at $290000.

Comparatively, Middlefield Banc paid $0.32 in dividends in 2024.

Other key metrics

Current Trading Price

$26.33

52-Week High

$29.9861

52-Week Low

$21.7525

Analyst Target Price

$29

Middlefield Banc stock is currently trading at $26.33 per share. It touched a 52-week high of $29.9861 and a 52-week low of $29.9861. Analysts tracking the stock have a 12-month average target price of $29.

Its 50-day moving average was $27.54 and 200-day moving average was $26.91 The short ratio stood at 9.19 indicating a short percent outstanding of 0%.

Around 394.2% of the company’s stock are held by insiders while 2692.5% are held by institutions.