Middlefield Banc MBCN reported its Q3 earnings results on Tuesday, October 18, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Middlefield Banc beat estimated earnings by 8.96%, reporting an EPS of $0.73 versus an estimate of $0.67.
Revenue was down $171 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 0.08% increase in the share price the next day.
Here’s a look at Middlefield Banc’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.65 | 0.61 | 0.74 | 0.64 |
| EPS Actual | 0.78 | 0.65 | 0.81 | 0.85 |
| Revenue Estimate | 13.25M | 12.95M | 13.80M | 13.30M |
| Revenue Actual | 13.41M | 12.87M | 13.53M | 14.32M |
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.65 | 0.61 | 0.74 | 0.64 |
| EPS Actual | 0.78 | 0.65 | 0.81 | 0.85 |
| Revenue Estimate | 13.25M | 12.95M | 13.80M | 13.30M |
| Revenue Actual | 13.41M | 12.87M | 13.53M | 14.32M |
Listen to the earnings announcement yourself by clicking here.
To track all earnings releases for Middlefield Banc visit their earnings calendar here.
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