MBCN
Middlefield Banc
NASDAQ: MBCN · FINANCIAL SERVICES · BANKS - REGIONAL
$33.67
+0.00% today
Updated 2026-03-03
Market cap
$273.63M
P/E ratio
14.09
P/S ratio
3.53x
EPS (TTM)
$2.39
Dividend yield
2.49%
52W range
$22 – $37
Volume
0.0M
Middlefield Banc (MBCN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.05M | $27.50M | $28.26M | $28.72M | $31.72M | $31.77M | $31.70M | $30.91M | $31.07M | $32.64M | $33.95M | $48.85M | $54.09M | $59.37M | $58.63M | $59.58M | $61.65M | $90.30M | $108.47M | $112.31M |
| Revenue growth (YoY) | — | +148.8% | +2.8% | +1.6% | +10.4% | +0.2% | -0.2% | -2.5% | +0.5% | +5.0% | +4.0% | +43.9% | +10.7% | +9.8% | -1.2% | +1.6% | +3.5% | +46.5% | +20.1% | +3.5% |
| Cost of revenue | $8.63M | $13.96M | $14.67M | $14.36M | $14.53M | $11.74M | $8.62M | $5.45M | $4.44M | $4.13M | $4.76M | $7.69M | $10.75M | $14.03M | $19.09M | $4.89M | $4.73M | $28.10M | $42.59M | $38.35M |
| Gross profit | $2.43M | $13.54M | $13.60M | $14.36M | $17.19M | $20.03M | $23.08M | $25.47M | $26.64M | $28.50M | $29.19M | $41.16M | $43.34M | $45.34M | $39.54M | $54.69M | $56.92M | $90.30M | $65.89M | $73.96M |
| Gross margin | 22.0% | 49.2% | 48.1% | 50.0% | 54.2% | 63.1% | 72.8% | 82.4% | 85.7% | 87.3% | 86.0% | 84.3% | 80.1% | 76.4% | 67.4% | 91.8% | 92.3% | 100.0% | 60.7% | 65.8% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $3.68M | $5.37M | $5.71M | $7.56M | $8.32M | $9.21M | $8.77M | $9.69M | $10.96M | $11.29M | $12.02M | $16.08M | $18.11M | $19.22M | $18.91M | $17.64M | $17.88M | $2.29M | $25.70M | $31.78M |
| Operating income | $5.36M | $4.17M | $3.00M | $1.71M | $2.43M | $4.73M | $7.94M | $9.01M | $9.17M | $8.43M | $8.32M | $13.68M | $14.59M | $15.30M | $9.75M | $22.70M | $18.89M | $20.75M | $18.34M | $23.48M |
| Operating margin | 48.5% | 15.2% | 10.6% | 5.9% | 7.7% | 14.9% | 25.1% | 29.1% | 29.5% | 25.8% | 24.5% | 28.0% | 27.0% | 25.8% | 16.6% | 38.1% | 30.6% | 23.0% | 16.9% | 20.9% |
| EBITDA | $5.93M | $4.77M | $3.65M | $2.39M | $3.17M | $5.46M | $8.87M | $9.90M | $10.22M | $9.44M | $9.39M | $15.76M | $16.50M | $17.32M | $11.78M | $24.80M | $19.04M | $28.48M | $19.50M | $23.48M |
| EBITDA margin | 53.7% | 17.3% | 12.9% | 8.3% | 10.0% | 17.2% | 28.0% | 32.0% | 32.9% | 28.9% | 27.6% | 32.3% | 30.5% | 29.2% | 20.1% | 41.6% | 30.9% | 31.5% | 18.0% | 20.9% |
| EBIT | $5.36M | $4.17M | $3.00M | $1.71M | $2.43M | $4.73M | $7.94M | $9.01M | $9.17M | $8.43M | $8.32M | $13.68M | $14.59M | $15.30M | $9.75M | $22.70M | $18.89M | $20.75M | $18.34M | — |
| Interest expense | $8.57M | $13.53M | $14.06M | $11.78M | $10.95M | $8.65M | $6.45M | $5.25M | $4.07M | $3.82M | $4.19M | $6.65M | $9.91M | $13.14M | $9.25M | $4.20M | $4.73M | $25.10M | $40.58M | $38.85M |
| Income tax | $1.47M | $796223.00 | $387003.00 | $-73000.00 | $-88000.00 | $596000.00 | $1.66M | $1.98M | $1.99M | $1.56M | $1.91M | $4.22M | $2.16M | $2.59M | $1.40M | $4.07M | $3.22M | $3.39M | $2.83M | $4.06M |
| Effective tax rate | 27.5% | 19.1% | 12.9% | -4.3% | -3.6% | 12.6% | 20.9% | 22.0% | 21.7% | 18.5% | 22.9% | 30.9% | 14.8% | 16.9% | 14.4% | 17.9% | 17.0% | 16.3% | 15.4% | 17.3% |
| Net income | $3.88M | $3.38M | $2.61M | $1.78M | $2.52M | $4.13M | $6.28M | $7.03M | $7.18M | $6.87M | $6.42M | $9.46M | $12.43M | $12.71M | $8.35M | $18.63M | $15.67M | $17.37M | $15.52M | $19.42M |
| Net income growth (YoY) | — | -13.1% | -22.5% | -31.9% | +41.3% | +64.1% | +52.1% | +11.9% | +2.2% | -4.4% | -6.5% | +47.4% | +31.5% | +2.3% | -34.3% | +123.2% | -15.9% | +10.8% | -10.6% | +25.1% |
| Profit margin | 35.1% | 12.3% | 9.3% | 6.2% | 7.9% | 13.0% | 19.8% | 22.7% | 23.1% | 21.0% | 18.9% | 19.4% | 23.0% | 21.4% | 14.2% | 31.3% | 25.4% | 19.2% | 14.3% | 17.3% |