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MBCN — Middlefield Banc News Story

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Middlefield Banc Corp reports results for the quarter ended in March - Earnings Summary

* Middlefield Banc Corp  MBCN.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of 57 cents per share.
* Revenue rose 27.1% to $14.12 million from a year ago; 
analysts expected $12.60 million. 
* Middlefield Banc Corp's reported EPS for the quarter was 65
cents​.
* The mean earnings estimate of analysts had risen by
about 19.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Middlefield Banc Corp shares had fallen by 0.7% this
quarter and gained 4.1% so far this year.
* The company reported quarterly net income of $4.17 million.
* Wall Street's median 12-month price target for Middlefield
Banc Corp is $25.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 16 at 12:41 p.m.. ​All
figures in July 16

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