Middlefield Banc Past Earnings Performance
Past criteria checks 4/6
Middlefield Banc has been growing earnings at an average annual rate of 10.4%, while the Banks industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 10.4% per year. Middlefield Banc's return on equity is 8.4%, and it has net margins of 25.2%.
Key information
10.4%
Earnings growth rate
8.6%
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 10.4% |
| Return on equity | 8.4% |
| Net Margin | 25.2% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Middlefield Banc Corp. Just Missed Earnings - But Analysts Have Updated Their Models
Oct 26
Middlefield Banc (NASDAQ:MBCN) Is Paying Out A Larger Dividend Than Last Year
Nov 18Middlefield Banc declares $0.17 dividend
Aug 09Middlefield Banc CEO Thomas Caldwell to retire
Jun 18We Think Shareholders Are Less Likely To Approve A Pay Rise For Middlefield Banc Corp.'s (NASDAQ:MBCN) CEO For Now
May 06Middlefield Banc Corp. (NASDAQ:MBCN) Is Yielding 3.0% - But Is It A Buy?
Apr 02Four Days Left Until Middlefield Banc Corp. (NASDAQ:MBCN) Trades Ex-Dividend
Feb 26How Much Did Middlefield Banc's(NASDAQ:MBCN) Shareholders Earn From Share Price Movements Over The Last Year?
Jan 28What Does Middlefield Banc's (NASDAQ:MBCN) CEO Pay Reveal?
Dec 24Interested In Middlefield Banc's (NASDAQ:MBCN) Upcoming US$0.15 Dividend? You Have Four Days Left
Nov 28Middlefield Banc resumes stock repurchase program
Nov 13Revenue & Expenses BreakdownBeta
How Middlefield Banc makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 69 | 17 | 37 | 0 |
| 30 Sep 23 | 69 | 17 | 35 | 0 |
| 30 Jun 23 | 66 | 18 | 32 | 0 |
| 31 Mar 23 | 62 | 17 | 29 | 0 |
| 31 Dec 22 | 57 | 16 | 27 | 0 |
| 30 Sep 22 | 54 | 17 | 26 | 0 |
| 30 Jun 22 | 54 | 18 | 26 | 0 |
| 31 Mar 22 | 54 | 18 | 26 | 0 |
| 31 Dec 21 | 55 | 19 | 26 | 0 |
| 30 Sep 21 | 52 | 16 | 26 | 0 |
| 30 Jun 21 | 47 | 13 | 25 | 0 |
| 31 Mar 21 | 45 | 11 | 25 | 0 |
| 31 Dec 20 | 40 | 8 | 24 | 0 |
| 30 Sep 20 | 40 | 9 | 24 | 0 |
| 30 Jun 20 | 42 | 10 | 24 | 0 |
| 31 Mar 20 | 43 | 11 | 24 | 0 |
| 31 Dec 19 | 45 | 13 | 25 | 0 |
| 30 Sep 19 | 45 | 13 | 24 | 0 |
| 30 Jun 19 | 45 | 13 | 23 | 0 |
| 31 Mar 19 | 44 | 13 | 23 | 0 |
| 31 Dec 18 | 43 | 12 | 23 | 0 |
| 30 Sep 18 | 42 | 11 | 22 | 0 |
| 30 Jun 18 | 42 | 11 | 22 | 0 |
| 31 Mar 18 | 42 | 10 | 22 | 0 |
| 31 Dec 17 | 41 | 9 | 21 | 0 |
| 30 Sep 17 | 38 | 9 | 20 | 0 |
| 30 Jun 17 | 35 | 8 | 18 | 0 |
| 31 Mar 17 | 32 | 7 | 17 | 0 |
| 31 Dec 16 | 29 | 6 | 16 | 0 |
| 30 Sep 16 | 29 | 7 | 16 | 0 |
| 30 Jun 16 | 29 | 7 | 16 | 0 |
| 31 Mar 16 | 29 | 7 | 16 | 0 |
| 31 Dec 15 | 29 | 7 | 15 | 0 |
| 30 Sep 15 | 28 | 7 | 15 | 0 |
| 30 Jun 15 | 28 | 7 | 15 | 0 |
| 31 Mar 15 | 27 | 7 | 14 | 0 |
| 31 Dec 14 | 27 | 7 | 14 | 0 |
| 30 Sep 14 | 27 | 7 | 14 | 0 |
| 30 Jun 14 | 27 | 7 | 14 | 0 |
| 31 Mar 14 | 26 | 7 | 13 | 0 |
| 31 Dec 13 | 26 | 7 | 13 | 0 |
| 30 Sep 13 | 24 | 6 | 12 | 0 |
| 30 Jun 13 | 24 | 6 | 12 | 0 |
Quality Earnings: MBCN has high quality earnings.
Growing Profit Margin: MBCN's current net profit margins (25.2%) are lower than last year (27.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MBCN's earnings have grown by 10.4% per year over the past 5 years.
Accelerating Growth: MBCN's earnings growth over the past year (10.8%) exceeds its 5-year average (10.4% per year).
Earnings vs Industry: MBCN earnings growth over the past year (10.8%) exceeded the Banks industry -9.7%.
Return on Equity
High ROE: MBCN's Return on Equity (8.4%) is considered low.