MBCN
Middlefield Banc Corp. Financial Services - Banks - Regional Investor Relations →
Middlefield Banc Corp. (MBCN) closed at $34.86 as of 2026-02-02, trading 32.4% above its 200-week moving average of $26.32. The stock moved further from the line this week, up from 27.7% last week. The 14-week RSI sits at 60, indicating neutral momentum.
Over the past 1149 weeks of data, MBCN has crossed below its 200-week moving average 11 times. On average, these episodes lasted 24 weeks. Historically, investors who bought MBCN at the start of these episodes saw an average one-year return of +14.3%.
With a market cap of $282 million, MBCN is a small-cap stock. Return on equity stands at 9.7%. The stock trades at 1.3x book value.
Share count has increased 37.1% over three years, indicating dilution.
Over the past 22.1 years, a hypothetical investment of $100 in MBCN would have grown to $520, compared to $902 for the S&P 500. MBCN has returned 7.8% annualized vs 10.5% 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.
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 11 historical episodes, buying MBCN when it crossed below its 200-week moving average produced an average return of +13.3% after 12 months (median +28.0%), compared to +16.6% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +24.0% vs +30.8% 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 11 times with an average 1-year return of +14.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| May 2008 | Jan 2012 | 192 | 47.9% | -36.6% | +278.5% |
| May 2019 | Jun 2019 | 5 | 1.2% | -7.0% | +115.2% |
| Mar 2020 | Dec 2020 | 40 | 34.8% | +32.3% | +113.6% |
| Jan 2021 | Feb 2021 | 3 | 7.6% | +25.7% | +92.5% |
| Mar 2021 | Apr 2021 | 2 | 2.6% | +20.8% | +90.7% |
| May 2023 | May 2023 | 1 | 0.1% | +10.0% | +67.4% |
| Apr 2024 | Jul 2024 | 15 | 12.2% | +15.8% | +61.1% |
| Aug 2024 | Aug 2024 | 1 | 0.6% | +20.7% | +52.7% |
| Jan 2025 | Jan 2025 | 1 | 0.7% | +47.3% | +46.2% |
| Feb 2025 | Feb 2025 | 1 | 1.1% | N/A | +45.9% |
| Apr 2025 | Apr 2025 | 2 | 3.9% | N/A | +49.2% |
| Average | 24 | — | +14.3% | — |
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 Friday close, 2026-02-02