MBCN Stock Splits - Middlefield Banc Corp

Price: 25.67 USD -0.19%

Market Cap: 207.4m USD

The company executed a 2-for-1 stock split, meaning that for every share held, investors received 2 new shares.

Before the split, MBCN traded at 46 per share. Afterward, the share price was about 20.0813.

The adjusted shares began trading on Nov 12, 2019. This was MBCN's 6th stock split, following the previous one in Nov 29, 2007.

Nov 12, 2019

2-for-1

Nov 29, 2007

105-for-100

Nov 29, 2006

105-for-100

Nov 29, 2004

105-for-100

Dec 1, 2003

105-for-100

Pre-Split Price

Post-Split Price

20.0813

Adjust Price

Nov 12, 2019

2-for-1

Nov 29, 2007

105-for-100

Nov 29, 2006

105-for-100

Nov 29, 2004

105-for-100

Dec 1, 2003

105-for-100

Middlefield Banc Corp
Stock Splits History

Logarithmic

Nov 12, 2019

Split 2-for-1

Pre-Split Price

19.6541

Post-Split Price

20.0813

Adjust Price

Nov 29, 2007

Split 105-for-100

x1.05

Pre-Split Price

9.9755

Post-Split Price

9.6686

Adjust Price

Nov 29, 2006

Split 105-for-100

x1.05

Pre-Split Price

9.864

Post-Split Price

10.5384

Adjust Price

Nov 29, 2004

Split 105-for-100

x1.05

Pre-Split Price

8.0548

Post-Split Price

7.9496

Adjust Price

Dec 1, 2003

Split 105-for-100

x1.05

Pre-Split Price

N/A

Post-Split Price

6.4477

Adjust Price

Sep 19, 2000

Split 2-for-1

Pre-Split Price

N/A

Post-Split Price

6.4477

Adjust Price

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Stock Splits Monitor

Forward Splits

Reverse Splits

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Date	Company		Split	Pre-Split Price	Post-Split Price
Apr 22, 2025		Seres Therapeutics Inc SWB:1S9 1S9 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-20 /20	0.3216 6.432 EUR	6.432 6.432 EUR
Apr 22, 2025	G	Golden Shield Resources Inc F:4LE0 4LE0 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.011 0.11 EUR	0.11 0.11 EUR
Apr 22, 2025	E	EV Advanced Material Co Ltd KOSDAQ:131400 131400 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	911-for-787 x1.1575603557814	1493 1493 KRW	1439 1439 KRW
Apr 22, 2025		Seres Therapeutics Inc F:1S9 1S9 Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-20 /20	0.01 0.2 EUR	0.2 0.2 EUR
Apr 22, 2025	G	Golden Shield Resources Inc OTC:GSRFF GSRFF Valuation & Fundamental Analysis Stock Splits Performance Benchmark	1-for-10 /10	0.024 0.24 USD	0.24 0.24 USD

Middlefield Banc Corp
Glance View

Market Cap

207.3m USD

Industry

Banking

Middlefield Banc Corp. is a holding company, which engages in the provision of personal and commercial banking solutions. The company is headquartered in Middlefield, Ohio and currently employs 185 full-time employees. The company went IPO on 2001-08-14. The firm's subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc. MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, negotiable order of withdrawal (NOW) accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, a variety of consumer loans, safe deposit facilities and travelers checks. MBC offers online banking and bill payment services to individuals and online cash management services to business customers through its Website at www.middlefieldbank.bank. MBC offers its services to small and medium-sized businesses, professionals, small business owners and retail customers. EMORECO exists to resolve and dispose of troubled assets in central Ohio.

View MBCN Analysis

MBCN Intrinsic Value

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

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Middlefield Banc Corp
NASDAQ:MBCN

MBCN's latest stock split occurred on Nov 12, 2019

Middlefield Banc Corp
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52 Week Range	20.3796 33.2843
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Middlefield Banc Corp NASDAQ:MBCN

MBCN's latest stock split occurred on Nov 12, 2019

Middlefield Banc Corp Stock Splits History

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Middlefield Banc Corp
NASDAQ:MBCN

Middlefield Banc Corp
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Middlefield Banc Corp
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