Middlefield Banc Corp. (MBCN) reported $16.82 million in income for the quarter ended September 2024, representing a year-over-year decline of 5.4%. EPS of $0.29 for a similar interval compares to $0.47 a yr in the past.
The reported income represents a shock of -1.66% over the Zacks Consensus Estimate of $17.1 million. With the consensus EPS estimate being $0.47, the EPS shock was -38.30%.
Whereas traders carefully watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s worth efficiency.
Right here is how Middlefield Banc carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Curiosity Margin: 3.5% in comparison with the three.5% common estimate based mostly on two analysts.
- Effectivity ratio: 67.9% in comparison with the 71.2% common estimate based mostly on two analysts.
- Complete Noninterest Earnings: $1.74 million versus the two-analyst common estimate of $1.85 million.
- Internet Curiosity Earnings: $15.07 million versus $15.20 million estimated by two analysts on common.
View all Key Company Metrics for Middlefield Banc here>>>
Shares of Middlefield Banc have returned +10% over the previous month versus the Zacks S&P 500 composite’s +3.8% change. The inventory at present has a Zacks Rank #1 (Robust Purchase), indicating that it might outperform the broader market within the close to time period.
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Middlefield Banc Corp. (MBCN) : Free Stock Analysis Report
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