Middlefield Banc: Q3 Earnings Insights

Middlefield BancMBCN stock fell by 2.68% on Tuesday after the company reported its Q3 earnings results on Monday, October 18, 2021 at 08:20 AM.

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

Middlefield Banc beat their estimated earnings by 32.81%, which surprised analysts.

Revenue was up $1,146,000 from the same period last year.

Last quarter the company beat on EPS by $0.13, which was followed by a 1.24% increase in the share price the next day.

Here's a look at Middlefield Banc's past performance and the resulting price change:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020
EPS Estimate	0.64	0.57	0.57	0.51	0.40
EPS Actual	0.85	0.70	0.65	0.39	0.29
Price Change %	-2.68%	1.24%	1.85%	-2.66%	-1.95%

Listen to the earnings announcement yourself by clicking here.

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