Middlefield Banc: Q4 Earnings Insights - Middlefield Banc (NASDAQ:MBCN)

Middlefield Banc MBCN reported its Q4 earnings results on Friday, January 26, 2024 at 07:30 AM.

Here's what investors need to know about the announcement.

Middlefield Banc missed estimated earnings by 12.0%, reporting an EPS of $0.44 versus an estimate of $0.5.

Revenue was up $482 thousand from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 0.9% drop in the share price the next day.

Here's a look at Middlefield Banc's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.58	0.59	0.6	0.77
EPS Actual	0.47	0.63	0.6	0.79
Revenue Estimate	18.30M	18.10M	18.30M	16.70M
Revenue Actual	17.78M	18.95M	18.18M	16.50M

** Listen to the earnings announcement yourself by clicking here. **

To track all earnings releases for Middlefield Banc visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.