
Middlefield Banc (MBCN) Stock Forecast & Price Target
Middlefield Banc (MBCN) Analyst Ratings
Bulls say
Middlefield Banc Corp demonstrated robust loan growth with end-of-period loans increasing by 8% quarter-over-quarter, driven primarily by commercial and industrial (C&I) loans as well as residential real estate. The bank's net interest income (NII) also improved by 0.8% quarter-over-quarter in Q3, indicating strong financial performance, despite a minor compression in the net interest margin (NIM) to 3.79%. Additionally, capital strength was evident with a 17bps increase in the tangible common equity (TCE) ratio to 9.44%, and the bank reported net credit recoveries for the third consecutive quarter, highlighting solid credit quality and operational efficiency.
Bears say
Middlefield Banc Corp faces several significant risks that contribute to a negative outlook on its stock, including a material slowdown in loan growth and adverse credit trends in Ohio. The company's financial performance is further threatened by volatile interest rates and the potential for a flattening or negative yield curve, which could impact profitability. Additionally, the bank's thinner equity market trading liquidity may hinder its ability to achieve a higher market valuation in the current uncertain economic climate.
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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