This quarterly report represents an earnings surprise of 23.81%. A quarter ago, it was expected that this company would post earnings of $0.45 per share when it actually produced earnings of $0.51, delivering a surprise of 13.33%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Middlefield Banc has underperformed the market so far this year, the questio ...

Exhibit 99.1 Filer: Middlefield Banc Corp. Project Type: 8-K Description: (LED) Form 8-K Q2 Earnings Release Document Type: 8-K Document Version: 7 Project ID: 106163 Created By: Damon Yoder Created At: 7/16/2024 9:51:22 PM EDT 15985 East High Street P. O. Box 35 Middlefield, Ohio 44062 Phone: 440/632-1666 FAX: 440/632-1700 www.middlefieldbank.bank PRESS RELEASE Ronald L. Zimmerly, Jr. President and Chief Executive Officer Middlefield Banc Corp. (419) 673-1217 rzimmerly@middlefieldbank.com Company Contact: ...

Net income was $8.3 million, compared to $10.0 million Pre-tax, pre-provision net income(1) was $9.7 million, compared to $13.3 million Earnings were $1.03 per diluted share, compared to $1.23 per diluted share Net interest income after the provision for credit losses was $30.1 million, compared to $32.5 million Noninterest income increased 8.7% to $3.6 million, compared to $3.3 million Total loans increased 6.3% to a record $1.50 billion, compared to $1.41 billion Total deposits increased 2.6% to a record ...

Noninterest expense for the 2024 first half was $23.9 million, compared to $23.8 million for the 2023 first half. "We also continue to pursue our multi-year strategic growth goals, which are focused on increasing revenue opportunities, improving our customer experience, and advancing operational performance to create lasting value for our shareholders. For the 2024 second quarter, noninterest income increased 10.6% over the same period a year ago, and total deposits were up 2.6% over the past year to a reco ...

Commission File Number 001-36613 Middlefield Banc Corp. Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ | Title of Each Class | Trading Symbol(s) | Name of Each ...

MIDDLEFIELD, Ohio, May 14, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ:MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The second-quarter dividend is payable on June 14, 2024, to shareholders of record on May 31, 2024. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.82 billion at March 31, 2024. The Bank o ...

Middlefield Banc Corp. (MBCN) reported $16.77 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 7.8%. EPS of $0.51 for the same period compares to $0.60 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $17.1 million, representing a surprise of -1.96%. The company delivered an EPS surprise of +13.33%, with the consensus EPS estimate being $0.45.While investors scrutinize revenue and earnings changes year-over-year and how they compare wit ...

Middlefield Banc Corp. (MBCN) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.45 per share. This compares to earnings of $0.60 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.33%. A quarter ago, it was expected that this company would post earnings of $0.53 per share when it actually produced earnings of $0.44, delivering a surprise of -16.98%.Over the last four quarters, the ...

15985 East High Street P. O. Box 35 Middlefield, Ohio 44062 Phone: 440/632-1666 FAX: 440/632-1700 www.middlefieldbank.bank PRESS RELEASE Company Contact: Investor and Media Contact: Ronald L. Zimmerly, Jr. President and Chief Executive Officer Middlefield Banc Corp. (419) 673-1217 rzimmerly@middlefieldbank.com Andrew M. Berger Managing Director SM Berger & Company, Inc. (216) 464-6400 andrew@smberger.com Middlefield Banc Corp. Reports 2024 First Quarter Financial Results MIDDLEFIELD, OHIO, April 30, 2024 ◆◆ ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ . Middlefield Banc Corp. (Exact Name of Registrant as Specified in its Charter) Ohio 34-1585111 State or Other Jurisdi ...