Middlefield Banc Corp. 2025 net income rises

Middlefield Banc

10/02/2026 21:16

Overview

Ohio bank's 2025 net interest income rose to $68.5 mln, up $7.8 mln yr/yr

Net income for 2025 rose to $19.4 mln, up from $15.5 mln last year

Company expects merger with Farmers National Banc Corp. to close in Q1 2026

Outlook

Middlefield Banc expects merger with Farmers National Banc to close in Q1 2026

Company anticipates merger will create opportunities for customers, employees, and shareholders

Result Drivers

NET INTEREST INCOME - Increase driven by higher net interest margin and loan originations in owner occupied, commercial and industrial segments

NONINTEREST INCOME - Growth attributed to service charges on deposit accounts and investment services

NONINTEREST EXPENSE - Rise due to merger-related costs and accelerated vesting of performance share units

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.38
Q4 Net Income
$3.12 mln
Q4 Net Interest Income
$17.39 mln
Q4 Net Interest Margin
3.80%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Middlefield Banc Corp is $34.00, about 2.9% below its February 9 closing price of $35.02

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNXbQfy7C

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)