Middlefield Banc Financials

MBCN Stock  USD 30.98  0.12  0.39%   
Based on the measurements of operating efficiency obtained from Middlefield Banc's historical financial statements, Middlefield Banc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Middlefield Banc's Non Current Assets Total are very stable compared to the past year. As of the 2nd of December 2024, Non Currrent Assets Other is likely to grow to about 1.6 B, though Other Current Liabilities is likely to grow to (2.4 M). Key indicators impacting Middlefield Banc's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.240.2521
Notably Down
Slightly volatile
Return On Assets0.01020.0095
Notably Up
Very volatile
Return On Equity0.110.0844
Significantly Up
Slightly volatile
Debt Equity Ratio0.03810.0401
Notably Down
Slightly volatile
Operating Income16.4 M20.8 M
Significantly Down
Slightly volatile
Current Ratio3.693.88
Notably Down
Slightly volatile
The financial analysis of Middlefield Banc is a critical element in measuring its lifeblood. Investors should not minimize Middlefield Banc's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

18.24 Million

  

Middlefield Banc Stock Summary

Middlefield Banc competes with Home Federal, First Northwest, Lake Shore, Community West, and Oak Valley. Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. Middlefield Banc Corp. was founded in 1901 and is headquartered in Middlefield, Ohio. Middlefield Banc operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 185 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5963042040
CUSIP596304204
LocationOhio; U.S.A
Business Address15985 East High
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.middlefieldbank.bank
Phone440 632 1666
CurrencyUSD - US Dollar

Middlefield Banc Key Financial Ratios

Middlefield Banc Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets1.2B1.4B1.3B1.7B1.8B1.9B
Other Current Liab(11.1M)(5.9M)(6.2M)(65.7M)(2.5M)(2.4M)
Net Debt(17.3M)(75.8M)(84.3M)25.7M119.0M125.0M
Retained Earnings65.1M69.6M84.0M94.2M100.2M105.2M
Cash35.1M92.9M97.2M51.4M56.4M33.6M
Other Assets889.5M1.0B844.6M1.2B4.3M4.1M
Total Liab1.0B1.2B1.2B1.5B1.6B1.7B
Total Current Assets151.5M220.9M281.7M222.3M60.8M57.8M
Short Term Debt5.1M640K434K65M163.5M171.7M
Common Stock86.6M86.9M87.1M161.0M161.4M153.3M
Other Liab2.8M3.2M3.4M7.4M8.5M8.9M
Accounts Payable6.0M5.9M6.2M693K2.5M2.4M
Long Term Debt8.8M8.7M17.0M12.9M12.1M12.6M
Treasury Stock(15.7M)(16.9M)(29.2M)(35.3M)(31.8M)(30.2M)
Other Current Assets38.7M125.0M130.6M65.5M67.9M64.5M
Intangible Assets2.1M1.7M1.4M7.7M6.6M7.0M
Net Receivables10.7M13.6M14.3M5.9M7.1M7.8M
Inventory(38.7M)(125.0M)(130.6M)(88.2M)49.3M51.8M
Net Tangible Assets120.6M127.0M128.9M158.3M182.0M98.9M
Long Term Debt Total12.3M17.0M12.9M12.1M10.9M9.3M

Middlefield Banc Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense13.1M9.3M4.1M4.7M25.1M26.4M
Total Revenue46.2M49.4M55.5M55.0M90.3M94.8M
Gross Profit46.2M49.4M55.5M55.0M90.3M94.8M
Operating Income15.3M9.8M22.7M25.0M20.8M16.4M
Ebit15.3M9.8M22.7M23.4M20.8M16.3M
Ebitda16.3M12.1M25.1M25.5M28.5M17.6M
Income Before Tax15.3M9.8M22.7M18.9M20.8M21.8M
Net Income12.7M8.3M18.6M15.7M17.4M18.2M
Income Tax Expense2.6M1.4M4.1M3.2M3.4M1.8M
Tax Provision2.6M1.4M4.1M3.2M3.3M3.0M
Net Interest Income41.2M43.3M48.2M50.0M63.5M45.7M
Interest Income54.3M52.5M52.2M54.7M82.1M54.8M

Middlefield Banc Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(72.8M)77.3M7.1M(65.7M)7.0M7.4M
Free Cash Flow11.6M14.0M14.8M17.5M21.3M22.3M
Depreciation2.0M2.0M2.1M1.8M1.0M1.1M
Other Non Cash Items(2.6M)8.0M(6.1M)675K3.1M3.3M
Dividends Paid3.7M3.8M4.2M5.5M6.9M7.2M
Capital Expenditures1.9M1.1M605K884K1.1M1.0M
Net Income12.7M8.3M18.6M15.7M17.4M18.2M
End Period Cash Flow35.1M112.4M119.5M53.8M60.8M39.7M
Change To Inventory(173K)337K343K(395K)(454.3K)(477.0K)
Investments1.8M(135.3M)(57.4M)(27.5M)(69.8M)(66.3M)
Change Receivables(422K)(345K)162K(209K)(188.1K)(178.7K)
Net Borrowings(85.7M)(1.8M)(4.2M)64.8M74.5M78.2M
Change To Netincome1.1M6.8M(6.0M)(185K)(166.5K)(158.2K)

Middlefield Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Middlefield Banc's current stock value. Our valuation model uses many indicators to compare Middlefield Banc value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Middlefield Banc competition to find correlations between indicators driving Middlefield Banc's intrinsic value. More Info.
Middlefield Banc is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.11  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Middlefield Banc is roughly  9.01 . At this time, Middlefield Banc's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Middlefield Banc's earnings, one of the primary drivers of an investment's value.

Middlefield Banc Systematic Risk

Middlefield Banc's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Middlefield Banc volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Middlefield Banc correlated with the market. If Beta is less than 0 Middlefield Banc generally moves in the opposite direction as compared to the market. If Middlefield Banc Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Middlefield Banc is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Middlefield Banc is generally in the same direction as the market. If Beta > 1 Middlefield Banc moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Middlefield Banc Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Middlefield Banc's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Middlefield Banc growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.81)

At this time, Middlefield Banc's Price Earnings To Growth Ratio is very stable compared to the past year.

Middlefield Banc December 2, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Middlefield Banc help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Middlefield Banc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Middlefield Banc based on widely used predictive technical indicators. In general, we focus on analyzing Middlefield Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Middlefield Banc's daily price indicators and compare them against related drivers.
When determining whether Middlefield Banc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Middlefield Banc's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Middlefield Banc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Middlefield Banc Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlefield Banc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
To learn how to invest in Middlefield Stock, please use our How to Invest in Middlefield Banc guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Middlefield Banc. If investors know Middlefield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Middlefield Banc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
0.8
Earnings Share
1.75
Revenue Per Share
8.002
Quarterly Revenue Growth
(0.12)
The market value of Middlefield Banc is measured differently than its book value, which is the value of Middlefield that is recorded on the company's balance sheet. Investors also form their own opinion of Middlefield Banc's value that differs from its market value or its book value, called intrinsic value, which is Middlefield Banc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Middlefield Banc's market value can be influenced by many factors that don't directly affect Middlefield Banc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Middlefield Banc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlefield Banc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlefield Banc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.