Middlefield Banc Corp (MBCN)

• Market cap: $207M
• 1 day: 2.27%
• 5 days: -4.03%
• 1 month: -17.71%
• 3 months: -12.44%
• 6 months: 10.40%
• Year to date: -7.69%
• 1 year: -12.59%
• 5 years: 1.18%
• 10 years: 48.99%
• Sector: Financials
• Industry: State Commercial Banks

About: Middlefield Banc Corp is a United States-based bank holding company. It offers customers, banking services including checking, savings, negotiable order of withdrawal (NOW) accounts, money market accounts, time deposits, commercial loans, real estate loans, a variety of consumer loans, safe deposit facilities, and travelers' checks. It also provides online banking and bill payment services to individuals and online cash management services to business customers.

Employees: 256

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

77% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 13

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

24% more capital invested

Capital invested by funds: $62M [Q2] → $76.7M (+$14.7M) [Q3]

2% more funds holding

Funds holding: 59 [Q2] → 60 (+1) [Q3]

1.04% more ownership

Funds ownership: 31.95% [Q2] → 32.99% (+1.04%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $32 25% upside
• Avg. target: $32 25% upside
• High target: $32 25% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Keefe, Bruyette & Woods Timothy Switzer 80% 1-year accuracy 16 / 20 met price target

25% upside $32

Market Perform Maintained

4 Dec 2024