MBCN
Middlefield Banc Corp. Financial Services - Banks - Regional Investor Relations →
Middlefield Banc Corp. (MBCN) closed at $33.65 as of 2026-03-06, trading 27.5% above its 200-week moving average of $26.39. The stock is currently moving closer to the line, down from 27.8% last week. The 14-week RSI sits at 47, indicating neutral momentum.
Over the past 1280 weeks of data, MBCN has crossed below its 200-week moving average 14 times. On average, these episodes lasted 20 weeks. Historically, investors who bought MBCN at the start of these episodes saw an average one-year return of +21.9%.
With a market cap of $274 million, MBCN is a small-cap stock. Return on equity stands at 8.8%. The stock trades at 1.2x book value.
Share count has increased 37.1% over three years, indicating dilution.
Over the past 24.7 years, a hypothetical investment of $100 in MBCN would have grown to $877, compared to $890 for the S&P 500. MBCN has returned 9.2% annualized vs 9.3% for the index, underperforming the broader market over this period.
Free cash flow has been growing at a 4.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: MBCN vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After MBCN Crosses Below the Line?
Across 14 historical episodes, buying MBCN when it crossed below its 200-week moving average produced an average return of +17.7% after 12 months (median +26.0%), compared to +8.8% for the S&P 500 over the same periods. 77% of those episodes were profitable after one year. After 24 months, the average return was +32.6% vs +20.8% for the index.
Each line shows $100 invested at the moment MBCN crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
MBCN has crossed below its 200-week MA 14 times with an average 1-year return of +21.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2001 | Dec 2001 | 18 | 11.5% | +48.3% | +777.1% |
| Mar 2002 | Mar 2002 | 1 | 3.0% | +30.5% | +709.1% |
| Apr 2002 | May 2002 | 3 | 1.1% | +22.7% | +685.2% |
| Jun 2008 | Jan 2012 | 188 | 47.8% | -30.0% | +325.7% |
| May 2019 | Jun 2019 | 5 | 1.2% | -7.0% | +109.0% |
| Mar 2020 | Dec 2020 | 40 | 34.8% | +32.3% | +107.4% |
| Jan 2021 | Feb 2021 | 3 | 7.6% | +25.7% | +86.9% |
| Mar 2021 | Apr 2021 | 2 | 2.6% | +20.8% | +85.2% |
| May 2023 | May 2023 | 1 | 0.1% | +10.0% | +62.6% |
| Apr 2024 | Jul 2024 | 15 | 12.2% | +15.8% | +56.5% |
| Aug 2024 | Aug 2024 | 1 | 0.6% | +20.7% | +48.3% |
| Jan 2025 | Jan 2025 | 1 | 0.7% | +47.3% | +42.0% |
| Feb 2025 | Feb 2025 | 1 | 1.1% | +47.3% | +41.7% |
| Apr 2025 | Apr 2025 | 2 | 3.9% | N/A | +44.9% |
| Average | 20 | — | +21.9% | — |
Frequently Asked Questions
Is MBCN below its 200-week moving average?
No. Middlefield Banc Corp. (MBCN) is currently 27.5% above its 200-week moving average of $26.39. It would need to fall to $26.39 to cross below the line.
What is MBCN's 200-week moving average price?
Middlefield Banc Corp.'s 200-week moving average is $26.39 as of 2026-03-06. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when MBCN drops below its 200-week moving average?
MBCN has crossed below its 200-week moving average 14 times in our data. On average, buying at that moment produced a one-year return of +21.9%. These dips have historically been decent entry points. These episodes lasted 20 weeks on average.
Is MBCN a good value right now?
Here's what our data says about MBCN as of 2026-03-06: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 47. Return on equity is 8.8%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does MBCN compare to the S&P 500?
Over the past 24.7 years, $100 invested in MBCN would have grown to $877, compared to $890 for the S&P 500. That's 9.2% annualized vs 9.3% for the index. MBCN has underperformed the broader market over this period.
Does MBCN pay a dividend?
Yes. Middlefield Banc Corp. currently pays a dividend yield of 2.50%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-06