Middlefield Banc Corp. Logo

Middlefield Banc Corp.

MBCN

(2.5)
Stock Price

28,45 USD

0.99% ROA

8.77% ROE

13.96x PER

Market Cap.

241.887.216,00 USD

67.05% DER

2.84% Yield

21.58% NPM

Middlefield Banc Corp. Stock Analysis

Middlefield Banc Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Middlefield Banc Corp. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

2 ROE

ROE in an average range (8.84%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (0.99%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 PBV

The stock's PBV ratio (1.17x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

5 DER

The stock has a reasonable amount of debt compared to its ownership (67%), suggesting a balanced financial position and a moderate level of risk.

6 Assets Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

7 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

8 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

9 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (128) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

Middlefield Banc Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Middlefield Banc Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Middlefield Banc Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Middlefield Banc Corp. Revenue
Year Revenue Growth
2000 1.257.663
2001 1.364.193 7.81%
2002 1.443.217 5.48%
2003 1.743.144 17.21%
2004 1.953.231 10.76%
2005 2.421.237 19.33%
2006 2.487.455 2.66%
2007 3.061.983 18.76%
2008 14.206.235 78.45%
2009 16.936.036 16.12%
2010 20.772.000 18.47%
2011 23.312.000 10.9%
2012 25.750.000 9.47%
2013 26.073.000 1.24%
2014 27.005.000 3.45%
2015 28.208.000 4.26%
2016 29.434.000 4.17%
2017 42.207.000 30.26%
2018 44.176.000 4.46%
2019 46.226.000 4.43%
2020 49.378.000 6.38%
2021 55.476.000 10.99%
2022 55.016.000 -0.84%
2023 71.136.000 22.66%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Middlefield Banc Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Middlefield Banc Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 2.240.522
2001 2.316.342 3.27%
2002 2.523.433 8.21%
2003 3.085.451 18.22%
2004 3.442.262 10.37%
2005 3.568.603 3.54%
2006 3.675.120 2.9%
2007 4.458.075 17.56%
2008 5.958.666 25.18%
2009 6.855.229 13.08%
2010 8.320.000 17.61%
2011 8.892.000 6.43%
2012 8.386.000 -6.03%
2013 9.128.000 8.13%
2014 10.586.000 13.77%
2015 11.745.000 9.87%
2016 12.881.000 8.82%
2017 16.083.000 19.91%
2018 18.105.000 11.17%
2019 18.961.000 4.51%
2020 18.908.000 -0.28%
2021 20.525.000 7.88%
2022 17.877.000 -14.81%
2023 29.640.000 39.69%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Middlefield Banc Corp. EBITDA
Year EBITDA Growth
2000 9.421.829
2001 10.289.919 8.44%
2002 10.111.391 -1.77%
2003 10.032.403 -0.79%
2004 10.775.977 6.9%
2005 12.219.488 11.81%
2006 14.502.224 15.74%
2007 18.300.226 20.75%
2008 17.705.152 -3.36%
2009 14.171.107 -24.94%
2010 14.114.000 -0.4%
2011 14.109.000 -0.04%
2012 15.319.000 7.9%
2013 15.148.000 -1.13%
2014 14.291.000 -6%
2015 13.260.000 -7.78%
2016 13.577.000 2.33%
2017 21.989.000 38.26%
2018 26.410.000 16.74%
2019 16.282.000 -62.2%
2020 10.433.000 -56.06%
2021 23.380.000 55.38%
2022 25.467.000 8.19%
2023 19.312.000 -31.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Middlefield Banc Corp. Gross Profit
Year Gross Profit Growth
2000 1.257.663
2001 1.364.193 7.81%
2002 1.443.217 5.48%
2003 1.743.144 17.21%
2004 1.953.231 10.76%
2005 2.421.237 19.33%
2006 2.487.455 2.66%
2007 3.061.983 18.76%
2008 14.206.235 78.45%
2009 16.936.036 16.12%
2010 20.772.000 18.47%
2011 23.312.000 10.9%
2012 25.252.000 7.68%
2013 25.663.000 1.6%
2014 27.005.000 4.97%
2015 28.208.000 4.26%
2016 29.434.000 4.17%
2017 42.207.000 30.26%
2018 44.176.000 4.46%
2019 46.226.000 4.43%
2020 49.378.000 6.38%
2021 55.476.000 10.99%
2022 55.016.000 -0.84%
2023 71.136.000 22.66%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Middlefield Banc Corp. Net Profit
Year Net Profit Growth
2000 2.236.671
2001 2.270.607 1.49%
2002 2.500.949 9.21%
2003 2.798.620 10.64%
2004 3.273.163 14.5%
2005 3.701.332 11.57%
2006 3.884.247 4.71%
2007 3.375.343 -15.08%
2008 2.614.879 -29.08%
2009 1.780.986 -46.82%
2010 2.517.000 29.24%
2011 4.130.000 39.06%
2012 6.281.000 34.25%
2013 7.028.000 10.63%
2014 7.180.000 2.12%
2015 6.865.000 -4.59%
2016 6.416.000 -7%
2017 9.455.000 32.14%
2018 12.431.000 23.94%
2019 12.711.000 2.2%
2020 8.349.000 -52.25%
2021 18.633.000 55.19%
2022 15.673.000 -18.89%
2023 15.344.000 -2.14%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Middlefield Banc Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 2
2001 2 0%
2002 2 0%
2003 2 50%
2004 2 0%
2005 3 0%
2006 3 0%
2007 2 0%
2008 2 -100%
2009 1 0%
2010 2 0%
2011 1 0%
2012 2 0%
2013 2 0%
2014 2 0%
2015 2 0%
2016 2 0%
2017 2 0%
2018 2 0%
2019 2 0%
2020 1 0%
2021 3 66.67%
2022 2 -50%
2023 2 -100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Middlefield Banc Corp. Free Cashflow
Year Free Cashflow Growth
2000 2.802.035
2001 1.589.760 -76.26%
2002 2.612.285 39.14%
2003 2.750.701 5.03%
2004 3.804.304 27.7%
2005 3.504.415 -8.56%
2006 3.920.483 10.61%
2007 3.723.968 -5.28%
2008 1.789.239 -108.13%
2009 667.025 -168.24%
2010 5.407.000 87.66%
2011 8.563.000 36.86%
2012 9.285.000 7.78%
2013 8.063.000 -15.16%
2014 6.557.000 -22.97%
2015 6.675.000 1.77%
2016 5.635.000 -18.46%
2017 12.719.000 55.7%
2018 12.180.000 -4.43%
2019 11.562.000 -5.35%
2020 14.005.000 17.44%
2021 14.817.000 5.48%
2022 17.478.000 15.22%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Middlefield Banc Corp. Operating Cashflow
Year Operating Cashflow Growth
2000 2.952.396
2001 2.702.616 -9.24%
2002 3.202.768 15.62%
2003 3.455.447 7.31%
2004 4.017.884 14%
2005 3.959.983 -1.46%
2006 4.506.320 12.12%
2007 4.294.033 -4.94%
2008 3.196.870 -34.32%
2009 1.133.793 -181.96%
2010 5.734.000 80.23%
2011 9.146.000 37.31%
2012 10.282.000 11.05%
2013 9.897.000 -3.89%
2014 7.459.000 -32.69%
2015 7.182.000 -3.86%
2016 7.801.000 7.93%
2017 13.920.000 43.96%
2018 14.281.000 2.53%
2019 13.459.000 -6.11%
2020 15.082.000 10.76%
2021 15.422.000 2.2%
2022 18.362.000 16.01%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Middlefield Banc Corp. Capital Expenditure
Year Capital Expenditure Growth
2000 150.361
2001 1.112.856 86.49%
2002 590.483 -88.47%
2003 704.746 16.21%
2004 213.580 -229.97%
2005 455.568 53.12%
2006 585.837 22.24%
2007 570.065 -2.77%
2008 1.407.631 59.5%
2009 466.768 -201.57%
2010 327.000 -42.74%
2011 583.000 43.91%
2012 997.000 41.52%
2013 1.834.000 45.64%
2014 902.000 -103.33%
2015 507.000 -77.91%
2016 2.166.000 76.59%
2017 1.201.000 -80.35%
2018 2.101.000 42.84%
2019 1.897.000 -10.75%
2020 1.077.000 -76.14%
2021 605.000 -78.02%
2022 884.000 31.56%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Middlefield Banc Corp. Equity
Year Equity Growth
2000 18.243.362
2001 19.786.807 7.8%
2002 21.746.408 9.01%
2003 23.504.314 7.48%
2004 24.822.024 5.31%
2005 27.289.365 9.04%
2006 30.463.934 10.42%
2007 34.961.384 12.86%
2008 35.059.248 0.28%
2009 36.707.271 4.49%
2010 38.022.000 3.46%
2011 47.253.000 19.54%
2012 55.437.000 14.76%
2013 53.473.000 -3.67%
2014 63.867.000 16.27%
2015 62.304.000 -2.51%
2016 76.960.000 19.04%
2017 119.863.000 35.79%
2018 128.290.000 6.57%
2019 137.775.000 6.88%
2020 143.810.000 4.2%
2021 145.335.000 1.05%
2022 197.691.000 26.48%
2023 193.749.000 -2.03%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Middlefield Banc Corp. Assets
Year Assets Growth
2000 176.488.813
2001 197.857.964 10.8%
2002 226.245.533 12.55%
2003 262.369.448 13.77%
2004 291.213.986 9.9%
2005 311.214.191 6.43%
2006 340.851.704 8.7%
2007 434.273.056 21.51%
2008 467.846.935 7.18%
2009 558.657.769 16.26%
2010 632.197.000 11.63%
2011 654.551.000 3.42%
2012 670.288.000 2.35%
2013 647.090.000 -3.58%
2014 677.531.000 4.49%
2015 735.139.000 7.84%
2016 786.461.000 6.53%
2017 1.106.336.000 28.91%
2018 1.248.398.000 11.38%
2019 1.182.475.000 -5.58%
2020 1.391.979.000 15.05%
2021 1.331.006.000 -4.58%
2022 1.687.682.000 21.13%
2023 1.793.420.000 5.9%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Middlefield Banc Corp. Liabilities
Year Liabilities Growth
2000 158.245.451
2001 178.071.157 11.13%
2002 204.499.125 12.92%
2003 238.865.134 14.39%
2004 266.391.962 10.33%
2005 283.924.826 6.18%
2006 310.387.770 8.53%
2007 399.311.672 22.27%
2008 432.787.687 7.73%
2009 521.950.498 17.08%
2010 594.175.000 12.16%
2011 607.298.000 2.16%
2012 614.851.000 1.23%
2013 593.617.000 -3.58%
2014 613.664.000 3.27%
2015 672.835.000 8.79%
2016 709.501.000 5.17%
2017 986.473.000 28.08%
2018 1.120.108.000 11.93%
2019 1.044.700.000 -7.22%
2020 1.248.169.000 16.3%
2021 1.185.671.000 -5.27%
2022 1.489.991.000 20.42%
2023 1.599.671.000 6.86%

Middlefield Banc Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
8.62
Net Income per Share
2.14
Price to Earning Ratio
13.96x
Price To Sales Ratio
3.47x
POCF Ratio
13.66
PFCF Ratio
14.3
Price to Book Ratio
1.25
EV to Sales
4.53
EV Over EBITDA
11.38
EV to Operating CashFlow
17.82
EV to FreeCashFlow
18.66
Earnings Yield
0.07
FreeCashFlow Yield
0.07
Market Cap
0,24 Bil.
Enterprise Value
0,32 Bil.
Graham Number
33.96
Graham NetNet
-171.03

Income Statement Metrics

Net Income per Share
2.14
Income Quality
1.31
ROE
0.09
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.84
EBT Per Ebit
0.8
Ebit per Revenue
0.32
Effective Tax Rate
0.16

Margins

Sales, General, & Administrative to Revenue
0.35
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
1
Operating Profit Margin
0.32
Pretax Profit Margin
0.26
Net Profit Margin
0.22

Dividends

Dividend Yield
0.03
Dividend Yield %
2.84
Payout Ratio
0.33
Dividend Per Share
0.85

Operating Metrics

Operating Cashflow per Share
2.19
Free CashFlow per Share
2.09
Capex to Operating CashFlow
-0.05
Capex to Revenue
-0.01
Capex to Depreciation
-0.43
Return on Invested Capital
0.07
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-0.1

Balance Sheet

Cash per Share
26,65
Book Value per Share
23,94
Tangible Book Value per Share
18.62
Shareholders Equity per Share
23.94
Interest Debt per Share
18.35
Debt to Equity
0.67
Debt to Assets
0.07
Net Debt to EBITDA
2.66
Current Ratio
1.83
Tangible Asset Value
0,15 Bil.
Net Current Asset Value
-1,38 Bil.
Invested Capital
0.67
Working Capital
0,10 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,02 Bil.
Average Payables
0,01 Bil.
Average Inventory
0
Debt to Market Cap
0.54

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Middlefield Banc Corp. Dividends
Year Dividends Growth
2003 1
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 0%
2008 1 100%
2009 1 0%
2010 1 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

Middlefield Banc Corp. Profile

About Middlefield Banc Corp.

Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. It provides checking, savings, negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers' checks. The company also offers operational and working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. Further, it provides official checks, money orders, ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. In addition, the company resolves and disposes troubled assets in Ohio. As of December 31, 2021, it has 17 banking centers in Chardon, Newbury, and Middlefield, Garrettsville, Mantua, Orwell, Cortland, Dublin, Westerville, Sunbury, Powell, Beachwood, Solon, Twinsburg, and Plain City; as well as an administrative office in Middlefield, and a loan production office in Mentor. Middlefield Banc Corp. was founded in 1901 and is headquartered in Middlefield, Ohio.

CEO
Mr. Ronald L. Zimmerly Jr.
Employee
238
Address
15985 East High Street
Middlefield, 44062-0035

Middlefield Banc Corp. Executives & BODs

Middlefield Banc Corp. Executives & BODs
# Name Age
1 Mr. Ronald L. Zimmerly Jr.
Chief Executive Officer, President & Non-Independent Director
70
2 Ms. Sarah Winters
Senior Vice President & Chief Human Resource Officer
70
3 Ms. Julie E. Shaw
Secretary
70
4 Ms. Teresa M. Hetrick
Assistant Corporate Secretary
70
5 Mr. Michael C. Ranttila
Senior Vice President & Chief Financial Officer
70
6 Mr. Andrew M. Berger
Managing Director, SM Berger & Company, Inc.
70
7 Mr. Thomas Hart
Financial Consultant
70

Middlefield Banc Corp. Competitors