
Middlefield Banc (MBCN) Stock Forecast & Price Target
Middlefield Banc (MBCN) Analyst Ratings
Bulls say
Middlefield Banc Corp demonstrated robust loan growth in Q2, with ending loans increasing by 8% on a last quarter annualized basis, primarily driven by increases in commercial and industrial (C&I) loans and residential real estate. The company also saw a quarterly increase in net interest income (NII) of 0.8% in Q3, supported by solid earnings generation reflected in a return on assets (ROA) of 1.09% and a return on tangible common equity (ROTCE) of 12.4%. Additionally, the tangible common equity (TCE) ratio improved to 9.44%, indicating strong capital build, while the company reported net credit recoveries for the third consecutive quarter, further enhancing its positive financial outlook.
Bears say
Middlefield Banc Corp faces significant risks that contribute to a negative outlook, primarily characterized by a potential slowdown in loan growth and adverse credit trends in Ohio. The bank is also exposed to volatile interest rate conditions, which include the possibility of a flattening or negative yield curve that could hinder profitability. Additionally, the company's limited equity market trading liquidity may restrict the potential for share price appreciation in the current unpredictable financial environment.
This aggregate rating is based on analysts' research of Middlefield Banc and is not a guaranteed prediction by Public.com or investment advice.
Middlefield Banc (MBCN) Analyst Forecast & Price Prediction
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