Middlefield Banc: Q3 Earnings Insights

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.

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.

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

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.

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