M&F Bancorp (OTCMKTS:MFBP) Announces Quarterly Earnings Results
by Scott Moore · The Cerbat GemM&F Bancorp (OTCMKTS:MFBP – Get Free Report) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.24 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $5.74 million during the quarter.
M&F Bancorp Stock Performance
Shares of MFBP remained flat at $25.10 during midday trading on Thursday. The stock had a trading volume of 6,700 shares, compared to its average volume of 1,152. The firm has a market cap of $48.69 million, a price-to-earnings ratio of 16.51 and a beta of -0.55. M&F Bancorp has a 1-year low of $17.95 and a 1-year high of $26.99. The stock’s 50-day moving average is $24.23 and its two-hundred day moving average is $21.08.
M&F Bancorp Company Profile
M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.
Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.