Middlefield Banc Corp.

NasdaqCM:MBCN Stock Report

Market Cap: US$222.0m

Middlefield Banc Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Ron Zimmerly

Chief executive officer

US$539.7k

Total compensation

CEO salary percentage63.0%
CEO tenure2.1yrs
CEO ownership0.5%
Management average tenureno data
Board average tenure6.3yrs

Recent management updates

Recent updates

Middlefield Banc Corp. Just Missed Earnings - But Analysts Have Updated Their Models

Oct 26
Middlefield Banc Corp. Just Missed Earnings - But Analysts Have Updated Their Models

Middlefield Banc (NASDAQ:MBCN) Is Paying Out A Larger Dividend Than Last Year

Nov 18
Middlefield Banc (NASDAQ:MBCN) Is Paying Out A Larger Dividend Than Last Year

Middlefield Banc declares $0.17 dividend

Aug 09

Middlefield Banc CEO Thomas Caldwell to retire

Jun 18

CEO Compensation Analysis

How has Ron Zimmerly's remuneration changed compared to Middlefield Banc's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$14m

Jun 30 2024n/an/a

US$16m

Mar 31 2024n/an/a

US$17m

Dec 31 2023US$540kUS$340k

US$17m

Sep 30 2023n/an/a

US$17m

Jun 30 2023n/an/a

US$18m

Mar 31 2023n/an/a

US$17m

Dec 31 2022US$359kUS$32k

US$16m

Compensation vs Market: Ron's total compensation ($USD539.70K) is below average for companies of similar size in the US market ($USD1.38M).

Compensation vs Earnings: Ron's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Ron Zimmerly (59 yo)

2.1yrs

Tenure

US$539,701

Compensation

Mr. Ronald L. Zimmerly Jr., also known as Ron, serves as President & Non-Independent Director of Middlefield Banc Corp. since December 01, 2022 and since January 1, 2024 serves as its Chief Executive Offic...


Board Members

NamePositionTenureCompensationOwnership
Ronald Zimmerly
CEO, President & Non-Independent Director2.1yrsUS$539.70k0.53%
$ 1.2m
Darryl Mast
Independent Director11.7yrsUS$49.85k0.48%
$ 1.1m
James McCaskey
Independent Vice Chairman21yrsUS$45.35k0.14%
$ 319.1k
Carolyn Turk
Independent Director21yrsUS$51.60k0.40%
$ 884.3k
Kenneth Jones
Independent Director17yrsUS$53.10k0.24%
$ 535.5k
Michael Voinovich
Independent Director4.7yrsUS$47.85k0.21%
$ 465.5k
William Skidmore
Independent Chairman of the Board17.7yrsUS$58.60k0.28%
$ 614.6k
Mark Watkins
Independent Director2.1yrsUS$9.00k0.13%
$ 294.5k
Spencer Cohn
Independent Director2.1yrsUS$9.75kno data
Thomas Bevan
Independent Director8yrsUS$47.10k0.65%
$ 1.4m
Jennifer Moeller
Independent Director1.7yrsUS$40.10k0.053%
$ 118.0k
Kevin DiGeronimo
Independent Director3.2yrsUS$44.35k0.034%
$ 74.7k

6.3yrs

Average Tenure

60yo

Average Age

Experienced Board: MBCN's board of directors are considered experienced (6.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 23:57
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Middlefield Banc Corp. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James BeuryBoenning & Scattergood, Inc.
Brendan NosalHovde Group, LLC
Nicholas CucharaleHovde Group, LLC