MIDDLEFIELD BANC CORP(NASDAQ:MBCN) stock Fundamental Analysis

Fundamental Rating

MBCN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 395 industry peers in the Banks industry. MBCN scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. MBCN is valued expensive and it does not seem to be growing.

Quickly go to:

1. Profitability

1.1 Basic Checks

In the past year MBCN was profitable.

MBCN had a positive operating cash flow in the past year.

Each year in the past 5 years MBCN has been profitable.

MBCN had a positive operating cash flow in each of the past 5 years.

1.2 Ratios

MBCN has a Return On Assets of 0.84%. This is comparable to the rest of the industry: MBCN outperforms 51.89% of its industry peers.

MBCN has a Return On Equity of 7.37%. This is comparable to the rest of the industry: MBCN outperforms 41.81% of its industry peers.

		Industry Rank	Sector Rank
ROA	0.84%
ROE	7.37%
ROIC	N/A

ROA(3y)0.91%

ROA(5y)0.94%

ROE(3y)7.91%

ROE(5y)8.47%

ROIC(3y)N/A

ROIC(5y)N/A

1.3 Margins

MBCN's Profit Margin of 22.86% is in line compared to the rest of the industry. MBCN outperforms 47.10% of its industry peers.

MBCN's Profit Margin has declined in the last couple of years.

The Operating Margin and Gross Margin are not available for MBCN so they could not be analyzed.

		Industry Rank	Sector Rank
OM	N/A
PM (TTM)	22.86%
GM	N/A

OM growth 3YN/A

OM growth 5YN/A

PM growth 3Y-12.08%

PM growth 5Y-3.63%

GM growth 3YN/A

GM growth 5YN/A

More info and screens

ROA

ROE

ROIC

Operating and Profit Margin

Show most profitable peers

2. Health

2.1 Basic Checks

MBCN does not have a ROIC to compare to the WACC, probably because it is not profitable.

The number of shares outstanding for MBCN has been reduced compared to 1 year ago.

The number of shares outstanding for MBCN has been increased compared to 5 years ago.

MBCN has a better debt/assets ratio than last year.

2.2 Solvency

The Debt to FCF ratio of MBCN is 0.70, which is an excellent value as it means it would take MBCN, only 0.70 years of fcf income to pay off all of its debts.

MBCN's Debt to FCF ratio of 0.70 is fine compared to the rest of the industry. MBCN outperforms 79.09% of its industry peers.

MBCN has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.

The Debt to Equity ratio of MBCN (0.06) is better than 80.35% of its industry peers.

		Industry Rank	Sector Rank
Debt/Equity	0.06
Debt/FCF	0.7
Altman-Z	N/A

ROIC/WACCN/A

WACC14.05%

2.3 Liquidity

		Industry Rank	Sector Rank
Current Ratio	N/A
Quick Ratio	N/A

More info and screens

WACC

Debt/Equity

How to determine the health of a company

Altman-Z score

Show peers with great health

3. Growth

3.1 Past

The earnings per share for MBCN have decreased by -5.12% in the last year.

The Earnings Per Share has been growing slightly by 1.06% on average over the past years.

The Revenue has decreased by -5.57% in the past year.

The Revenue has been growing slightly by 7.99% on average over the past years.

EPS 1Y (TTM)-5.12%

EPS 3Y-12.16%

EPS 5Y1.06%

EPS Q2Q%36.36%

Revenue 1Y (TTM)-5.57%

Revenue growth 3Y7.02%

Revenue growth 5Y7.99%

Sales Q2Q%2.89%

3.2 Future

MBCN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.13% yearly.

MBCN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.83% yearly.

EPS Next Y-3.12%

EPS Next 2Y2.13%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue Next Year8.67%

Revenue Next 2Y6.83%

Revenue Next 3YN/A

Revenue Next 5YN/A

3.3 Evolution

When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.

The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.

More info and screens

Find the best growth stocks

Show best growing peers

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 14.35, MBCN is valued correctly.

MBCN's Price/Earnings ratio is a bit more expensive when compared to the industry. MBCN is more expensive than 67.51% of the companies in the same industry.

MBCN is valuated rather cheaply when we compare the Price/Earnings ratio to 24.21, which is the current average of the S&P500 Index.

MBCN is valuated correctly with a Price/Forward Earnings ratio of 14.82.

72.54% of the companies in the same industry are cheaper than MBCN, based on the Price/Forward Earnings ratio.

Compared to an average S&P500 Price/Forward Earnings ratio of 20.44, MBCN is valued a bit cheaper.

		Industry Rank	Sector Rank
PE	14.35
Fwd PE	14.82

4.2 Price Multiples

Compared to the rest of the industry, the Price/Free Cash Flow ratio of MBCN is on the same level as its industry peers.

		Industry Rank	Sector Rank
P/FCF	14.17
EV/EBITDA	N/A

4.3 Compensation for Growth

PEG (NY)N/A

PEG (5Y)13.51

EPS Next 2Y2.13%

EPS Next 3YN/A

More info and screens

Show best valued peers

5. Dividend

5.1 Amount

MBCN has a Yearly Dividend Yield of 2.81%. Purely for dividend investing, there may be better candidates out there.

MBCN's Dividend Yield is comparable with the industry average which is at 3.42.

Compared to an average S&P500 Dividend Yield of 2.41, MBCN has a dividend comparable with the average S&P500 company.

		Industry Rank	Sector Rank
Dividend Yield	2.81%

5.2 History

The dividend of MBCN is nicely growing with an annual growth rate of 6.90%!

MBCN has been paying a dividend for at least 10 years, so it has a reliable track record.

MBCN has not decreased their dividend for at least 10 years, which is a reliable track record.

Dividend Growth(5Y)6.9%

Div Incr Years6

Div Non Decr Years17

5.3 Sustainability

MBCN pays out 41.61% of its income as dividend. This is a bit on the high side, but may be sustainable.

MBCN's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.

DP41.61%

EPS Next 2Y2.13%

EPS Next 3YN/A

More info and screens

Find the best dividend stocks

Show peers with best dividend

MIDDLEFIELD BANC CORP

NASDAQ:MBCN (5/9/2025, 8:06:45 PM)

After market: 29.28 0 (0%)

29.28

-0.57 (-1.91%)

Chartmill FA Rating

GICS SectorFinancials

GICS IndustryGroupBanks

GICS IndustryBanks

Earnings (Last)04-24 2025-04-24/bmo

Earnings (Next)07-16 2025-07-16/bmo

Inst Owners27.08%

Inst Owner Change-0.65%

Ins Owners3.33%

Ins Owner Change0.81%

Market Cap236.58M

Analysts48.89

Price Target28.9 (-1.3%)

Short Float %0.74%

Short Ratio6.85

Dividend

		Industry Rank	Sector Rank
Dividend Yield	2.81%

Yearly Dividend0.8

Dividend Growth(5Y)6.9%

DP41.61%

Div Incr Years6

Div Non Decr Years17

Ex-Date02-28 2025-02-28 (0.21)

Surprises & Revisions

EPS beat(2)1

Avg EPS beat(2)8.39%

Min EPS beat(2)-11.17%

Max EPS beat(2)27.95%

EPS beat(4)3

Avg EPS beat(4)16%

Min EPS beat(4)-11.17%

Max EPS beat(4)27.95%

EPS beat(8)4

Avg EPS beat(8)4.09%

EPS beat(12)8

Avg EPS beat(12)6.05%

EPS beat(16)12

Avg EPS beat(16)8.73%

Revenue beat(2)0

Avg Revenue beat(2)-1.91%

Min Revenue beat(2)-3.78%

Max Revenue beat(2)-0.04%

Revenue beat(4)0

Avg Revenue beat(4)-2.31%

Min Revenue beat(4)-3.78%

Max Revenue beat(4)-0.04%

Revenue beat(8)1

Avg Revenue beat(8)-2.38%

Revenue beat(12)2

Avg Revenue beat(12)-2.09%

Revenue beat(16)4

Avg Revenue beat(16)-0.91%

PT rev (1m)2.41%

PT rev (3m)-1.16%

EPS NQ rev (1m)0%

EPS NQ rev (3m)0%

EPS NY rev (1m)0%

EPS NY rev (3m)3.76%

Revenue NQ rev (1m)0%

Revenue NQ rev (3m)0%

Revenue NY rev (1m)4.55%

Revenue NY rev (3m)4.55%

Valuation

		Industry Rank	Sector Rank
PE	14.35
Fwd PE	14.82
P/S	3.48
P/FCF	14.17
P/OCF	13.54
P/B	1.12
P/tB	1.4
EV/EBITDA	N/A

EPS(TTM)2.04

EY6.97%

EPS(NY)1.98

Fwd EY6.75%

FCF(TTM)2.07

FCFY7.06%

OCF(TTM)2.16

OCFY7.38%

SpS8.4

BVpS26.06

TBVpS20.87

PEG (NY)N/A

PEG (5Y)13.51

Profitability

		Industry Rank	Sector Rank
ROA	0.84%
ROE	7.37%
ROCE	N/A
ROIC	N/A
ROICexc	N/A
ROICexgc	N/A
OM	N/A
PM (TTM)	22.86%
GM	N/A
FCFM	24.59%

ROA(3y)0.91%

ROA(5y)0.94%

ROE(3y)7.91%

ROE(5y)8.47%

ROIC(3y)N/A

ROIC(5y)N/A

ROICexc(3y)N/A

ROICexc(5y)N/A

ROICexgc(3y)N/A

ROICexgc(5y)N/A

ROCE(3y)N/A

ROCE(5y)N/A

ROICexcg growth 3YN/A

ROICexcg growth 5YN/A

ROICexc growth 3YN/A

ROICexc growth 5YN/A

OM growth 3YN/A

OM growth 5YN/A

PM growth 3Y-12.08%

PM growth 5Y-3.63%

GM growth 3YN/A

GM growth 5YN/A

F-Score6

Asset Turnover0.04

Health

		Industry Rank	Sector Rank
Debt/Equity	0.06
Debt/FCF	0.7
Debt/EBITDA	N/A
Cap/Depr	63.04%
Cap/Sales	1.14%
Interest Coverage	N/A
Cash Conversion	N/A
Profit Quality	107.56%
Current Ratio	N/A
Quick Ratio	N/A
Altman-Z	N/A

F-Score6

WACC14.05%

ROIC/WACCN/A

Cap/Depr(3y)67.12%

Cap/Depr(5y)54.69%

Cap/Sales(3y)1.4%

Cap/Sales(5y)1.5%

Profit Quality(3y)113.84%

Profit Quality(5y)117.74%

High Growth Momentum

Growth

EPS 1Y (TTM)-5.12%

EPS 3Y-12.16%

EPS 5Y1.06%

EPS Q2Q%36.36%

EPS Next Y-3.12%

EPS Next 2Y2.13%

EPS Next 3YN/A

EPS Next 5YN/A

Revenue 1Y (TTM)-5.57%

Revenue growth 3Y7.02%

Revenue growth 5Y7.99%

Sales Q2Q%2.89%

Revenue Next Year8.67%

Revenue Next 2Y6.83%

Revenue Next 3YN/A

Revenue Next 5YN/A

EBIT growth 1YN/A

EBIT growth 3YN/A

EBIT growth 5YN/A

EBIT Next YearN/A

EBIT Next 3YN/A

EBIT Next 5YN/A

FCF growth 1Y-21.49%

FCF growth 3Y4.07%

FCF growth 5Y7.62%

OCF growth 1Y-21.86%

OCF growth 3Y4.24%

OCF growth 5Y5.35%

MIDDLEFIELD BANC CORP (MBCN) Stock Fundamental Analysis

1. Profitability

1.1 Basic Checks

1.2 Ratios

1.3 Margins

More info and screens

2. Health

2.1 Basic Checks

2.2 Solvency

2.3 Liquidity

More info and screens

3. Growth

3.1 Past

3.2 Future

3.3 Evolution

More info and screens

4. Valuation

4.1 Price/Earnings Ratio

4.2 Price Multiples

4.3 Compensation for Growth

More info and screens

5. Dividend

5.1 Amount

5.2 History

5.3 Sustainability

More info and screens