Middlefield Banc Corp | Micro-cap | Financial Services
$28.25
-2.45%
| Middlefield Banc Stock Comparison:
Middlefield Banc vs Nu HoldingsMiddlefield Banc vs U.S. BancorpMiddlefield Banc vs Parke BancorpMiddlefield Banc vs First UnitedMiddlefield Banc vs Norwood FinancialMiddlefield Banc vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 18.0M
Net Income 4.8M 26.77%
EPS (Diluted) $0.60

Balance Sheet Metrics

Total Assets 1.9B
Total Liabilities 1.7B
Shareholders Equity 213.8M
Debt to Equity 7.83

Cash Flow Metrics

Operating Cash Flow 7.8M
Free Cash Flow 7.7M

Revenue & Profitability Trend

Middlefield Banc Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue i 67.9M 71.9M 56.9M 55.4M 49.4M
Cost of Goods Sold i - - - - -
Gross Profit i - - - - -
Gross Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 27.3M 26.8M 18.9M 18.5M 19.6M
Other Operating Expenses i - - - - -
Total Operating Expenses i 27.3M 26.8M 18.9M 18.5M 19.6M
Operating Income i - - - - -
Operating Margin % i 0.0% 0.0% 0.0% 0.0% 0.0%
Non-Operating Items
Interest Income i - - - - -
Interest Expense i - - - - -
Other Non-Operating Income - - - - -
Pre-tax Income i 18.3M 20.8M 18.9M 22.7M 9.8M
Income Tax i 2.8M 3.4M 3.2M 4.1M 1.4M
Effective Tax Rate % i 15.4% 16.3% 17.0% 17.9% 14.4%
Net Income i 15.5M 17.4M 15.7M 18.6M 8.3M
Net Margin % i 22.9% 24.2% 27.5% 33.6% 16.9%
Key Metrics
EBITDA i - - - - -
EPS (Basic) i $1.93 $2.14 $2.60 $3.01 $1.31
EPS (Diluted) i $1.92 $2.14 $2.59 $3.00 $1.31
Basic Shares Outstanding i 8075300 8103230 6027091 6186666 6379323
Diluted Shares Outstanding i 8075300 8103230 6027091 6186666 6379323

Income Statement Trend

Middlefield Banc Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets
Cash & Equivalents i 46.0M 56.4M 51.4M 97.2M 92.9M
Short-term Investments i 165.8M 170.8M 165.0M 170.2M 114.4M
Accounts Receivable i - 5.5M 4.3M 2.8M 4.4M
Inventory i - - - - -
Other Current Assets - - - - -
Total Current Assets i - - - - -
Non-Current Assets
Property, Plant & Equipment i 5.0M 4.0M 4.4M 5.4M 5.5M
Goodwill i 78.3M 79.4M 71.2M 31.5M 31.9M
Intangible Assets i 5.6M 6.6M 7.7M 1.4M 1.7M
Long-term Investments - - - - -
Other Non-Current Assets - - - - -
Total Non-Current Assets i - - - - -
Total Assets i 1.9B - - - -
Liabilities
Current Liabilities
Accounts Payable i - 2.5M 693.0K 237.0K 580.0K
Short-term Debt i 172.4M 163.0M 65.0M 0 0
Current Portion of Long-term Debt - - - - -
Other Current Liabilities - - - - -
Total Current Liabilities i - - - - -
Non-Current Liabilities
Long-term Debt i 11.7M 12.4M 12.8M 13.8M 13.8M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - - - - -
Total Non-Current Liabilities i - - - - -
Total Liabilities i 1.6B - - - -
Equity
Common Stock i 162.0M 161.4M 161.0M 87.1M 86.9M
Retained Earnings i 109.3M 100.2M 94.2M 84.0M 69.6M
Treasury Stock i 40.9M 39.9M 35.3M 29.2M 16.9M
Other Equity - - - - -
Total Shareholders Equity i 210.6M 205.7M 197.7M 145.3M 143.8M
Key Metrics
Total Debt i 184.1M 175.4M 77.8M 13.8M 13.8M
Working Capital i 0 0 0 0 0

Balance Sheet Composition

Middlefield Banc Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income i 15.5M 17.4M 15.7M 18.6M 8.3M
Depreciation & Amortization i 1.2M 1.0M 142.0K 2.1M 2.0M
Stock-Based Compensation i 374.0K 374.0K 307.0K 478.0K 144.0K
Working Capital Changes i -985.0K 1.2M 186.0K 735.0K -2.1M
Operating Cash Flow i 14.9M 18.7M 17.5M 20.4M 9.1M
Investing Activities
Capital Expenditures i -776.0K -1.1M -719.0K -605.0K -1.0M
Acquisitions i - 0 18.4M 0 -
Investment Purchases i -2.9M -2.2M -32.3M -68.9M -24.1M
Investment Sales i 2.2M 3.3M 62.1M 11.5M 18.2M
Investing Cash Flow i -2.0M 2.7M 47.3M -56.4M -7.5M
Financing Activities
Share Repurchases i -1.1M -4.5M -6.1M -12.3M -1.2M
Dividends Paid i -6.5M -6.9M -5.5M -4.2M -3.8M
Debt Issuance i - - - 0 4.0M
Debt Repayment i -202.0K -197.0K -231.0K -4.2M -674.0K
Financing Cash Flow i 1.7M 86.4M 53.2M -20.7M -6.8M
Free Cash Flow i 16.7M 21.3M 17.4M 14.8M 14.0M
Net Change in Cash i 14.6M 107.8M 117.9M -56.7M -5.2M

Cash Flow Trend

Middlefield Banc Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 12.72
Forward P/E 15.73
Price to Book 1.07
Price to Sales 3.38
PEG Ratio 0.28

Profitability Ratios

Profit Margin 25.78%
Operating Margin 39.27%
Return on Equity 8.60%
Return on Assets 0.97%

Financial Health

Debt to Equity 0.47
Beta 0.45

Per Share Data

EPS (TTM) $2.25
Book Value per Share $26.74
Revenue per Share $8.73

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
mbcn 241.0M 12.72 1.07 8.60% 25.78% 0.47
Nu Holdings 74.7B 32.19 7.64 27.88% 39.32% 0.36
U.S. Bancorp 73.5B 11.36 1.36 11.67% 27.00% 1.34
Parke Bancorp 249.0M 8.08 0.79 10.24% 46.30% 0.46
First United 236.8M 10.01 1.24 13.37% 29.16% 0.91
Norwood Financial 236.1M 121.48 1.04 1.56% 5.88% 0.50

Financial data is updated regularly. All figures are in the company's reporting currency.