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MBCN — Middlefield Banc News Story

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

* Middlefield Banc Corp  MBCN.OQ  reported quarterly adjusted
earnings of 85 cents​​ per share for the quarter ended in
September. The mean expectation of two analysts for the quarter
was for earnings of 64 cents per share.
* Revenue rose 8.7% to $14.32 million from a year ago;  analysts
expected $13.30 million. 
* Middlefield Banc Corp's reported EPS for the quarter was 85
cents​.
* The mean earnings estimate of analysts had risen by about 7.6%
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 risen by 3.5% this
quarter and gained 9.6% so far this year.
* The company reported quarterly net income of $5.2 million.
* Wall Street's median 12-month price target for Middlefield
Banc Corp is $26.00 
* 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 October 19 at 01:31 p.m.
 ​All figures in US dollars unless otherwise stated

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