Middlefield Banc Corp (MBCN)

• Market cap: $232M
• 1 day: -2.58%
• 5 days: -7.74%
• 1 month: -5.18%
• 3 months: 1.09%
• 6 months: 29.77%
• Year to date: -12.19%
• 1 year: -14.75%
• 5 years: 8.33%
• 10 years: 70.91%
• 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

23% more capital invested

Capital invested by funds: $61.9M [Q2] → $76.3M (+$14.4M) [Q3]

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2% more funds holding

Funds holding: 59 [Q2] → 60 (+1) [Q3]

0.95% more ownership

Funds ownership: 31.88% [Q2] → 32.83% (+0.95%) [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 11% upside
• Avg. target: $32 11% upside
• High target: $32 11% upside

1 analyst rating

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

Keefe, Bruyette & Woods Timothy Switzer 89% 1-year accuracy 17 / 19 met price target

11% upside $32

Market Perform Maintained

4 Dec 2024