33.54 USD
+0.31 (+0.93%)
At close: Jan 30, 2026
33.54 USD
0 (0%)
After Hours: 1/30/2026, 8:03:14 PM
MBCN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 383 industry peers in the Banks industry. While MBCN seems to be doing ok healthwise, there are quite some concerns on its profitability. MBCN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- MBCN had positive earnings in the past year.
- In the past year MBCN had a positive cash flow from operations.
- MBCN had positive earnings in each of the past 5 years.
- MBCN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 1.07%, MBCN is in the better half of the industry, outperforming 67.89% of the companies in the same industry.
- MBCN's Return On Equity of 9.44% is in line compared to the rest of the industry. MBCN outperforms 56.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.07% | ||
| ROE | 9.44% | ||
| 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
- Looking at the Profit Margin, with a value of 27.87%, MBCN is in the better half of the industry, outperforming 70.50% of the companies in the same industry.
- 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) | 27.87% | ||
| 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
2. Health
2.1 Basic Checks
- MBCN does not have a ROIC to compare to the WACC, probably because it is not profitable.
- MBCN has less shares outstanding than it did 1 year ago.
- MBCN has more shares outstanding than it did 5 years ago.
- MBCN has a better debt/assets ratio than last year.
2.2 Solvency
- MBCN has a debt to FCF ratio of 0.65. This is a very positive value and a sign of high solvency as it would only need 0.65 years to pay back of all of its debts.
- MBCN's Debt to FCF ratio of 0.65 is fine compared to the rest of the industry. MBCN outperforms 77.02% of its industry peers.
- A Debt/Equity ratio of 0.05 indicates that MBCN is not too dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.05, MBCN belongs to the top of the industry, outperforming 80.16% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 0.65 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC13.47%
2.3 Liquidity
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | N/A | ||
| Quick Ratio | N/A |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 35.11% over the past year.
- MBCN shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.06% yearly.
- The Revenue has grown by 12.63% in the past year. This is quite good.
- Measured over the past years, MBCN shows a small growth in Revenue. The Revenue has been growing by 7.99% on average per year.
EPS 1Y (TTM)35.11%
EPS 3Y-12.16%
EPS 5Y1.06%
EPS Q2Q%58.54%
Revenue 1Y (TTM)12.63%
Revenue growth 3Y7.02%
Revenue growth 5Y7.99%
Sales Q2Q%18.27%
3.2 Future
- Based on estimates for the next years, MBCN will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.05% on average per year.
- MBCN is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.09% yearly.
EPS Next Y33%
EPS Next 2Y14.02%
EPS Next 3Y13.05%
EPS Next 5YN/A
Revenue Next Year13.3%
Revenue Next 2Y10.32%
Revenue Next 3Y9.09%
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.
4. Valuation
4.1 Price/Earnings Ratio
- MBCN is valuated correctly with a Price/Earnings ratio of 13.20.
- Compared to the rest of the industry, the Price/Earnings ratio of MBCN is on the same level as its industry peers.
- MBCN is valuated cheaply when we compare the Price/Earnings ratio to 28.32, which is the current average of the S&P500 Index.
- MBCN is valuated correctly with a Price/Forward Earnings ratio of 12.65.
- Based on the Price/Forward Earnings ratio, MBCN is valued a bit more expensive than 63.97% of the companies in the same industry.
- MBCN is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.2 | ||
| Fwd PE | 12.65 |
4.2 Price Multiples
- Based on the Price/Free Cash Flow ratio, MBCN is valued a bit more expensive than the industry average as 63.45% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.43 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
- MBCN's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- A more expensive valuation may be justified as MBCN's earnings are expected to grow with 13.05% in the coming years.
PEG (NY)0.4
PEG (5Y)12.43
EPS Next 2Y14.02%
EPS Next 3Y13.05%
5. Dividend
5.1 Amount
- MBCN has a Yearly Dividend Yield of 2.50%.
- MBCN's Dividend Yield is comparable with the industry average which is at 2.67.
- Compared to an average S&P500 Dividend Yield of 1.83, MBCN pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.5% |
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.
Dividend Growth(5Y)6.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- MBCN pays out 31.71% of its income as dividend. This is a sustainable payout ratio.
- MBCN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP31.71%
EPS Next 2Y14.02%
EPS Next 3Y13.05%
MIDDLEFIELD BANC CORP / MBCN FAQ
What is the fundamental rating for MBCN stock?
ChartMill assigns a fundamental rating of 4 / 10 to MBCN.
What is the valuation status for MBCN stock?
ChartMill assigns a valuation rating of 4 / 10 to MIDDLEFIELD BANC CORP (MBCN). This can be considered as Fairly Valued.
How profitable is MIDDLEFIELD BANC CORP (MBCN) stock?
MIDDLEFIELD BANC CORP (MBCN) has a profitability rating of 3 / 10.
What is the financial health of MIDDLEFIELD BANC CORP (MBCN) stock?
The financial health rating of MIDDLEFIELD BANC CORP (MBCN) is 4 / 10.
Can you provide the dividend sustainability for MBCN stock?
The dividend rating of MIDDLEFIELD BANC CORP (MBCN) is 6 / 10 and the dividend payout ratio is 31.71%.