Is MIDDLEFIELD BANC CORP (MBCN) Halal?

NASDAQ Financial Services United States $274M
✗ NOT HALAL
Confidence: 95/100
MIDDLEFIELD BANC CORP (MBCN) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
14.1
Forward: 12.3
EPS
$2.39
Dividend Yield
2.5%
Payout: 35.1%
P/B Ratio
1.2
Revenue
$68M
Growth: 12.3%
Beta
0.4
Low volatility

Profitability

Gross Margin 0.0%
Operating Margin 32.2%
Net Margin 25.0%
Return on Equity (ROE) 8.8%
Return on Assets (ROA) 1.0%

Cash Flow & Balance Sheet

Operating Cash Flow$17M
Free Cash Flow$17M
Total Debt$184M
Total Assets$1.9B

Price & Trading

Last Close$33.67
50-Day MA$34.54
200-Day MA$32.02
Avg Volume29K
Beta0.4
52-Week Range
$0.00
$37.67

About MIDDLEFIELD BANC CORP (MBCN)

CEO
Mr. Ronald L. Zimmerly Jr.
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$274M
Currency
USD

Middlefield Banc Corp. operates as the bank holding company for The Middlefield Banking Company that provides various commercial banking services to small and medium-sized businesses, professionals, small business owners, and retail customers in northeastern and central Ohio. The company offers checking, savings, and negotiable order of withdrawal accounts, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities, and travelers' checks. It also provides operational and working capital, term business, residential construction, professional, and residential and mortgage loans, as well as consumer installment loans for home improvements, automobiles, boats, and other personal expenditures; loans to finance capital purchases; selected guaranteed or subsidized loan programs for small businesses; and agricultural loans. In addition, the company resolves and disposes troubled assets in Ohio. Further, it offers official checks, money orders, and ATM services, as well as IRA accounts; online banking and bill payment services to individuals; and online cash management services to business customers. Middlefield Banc Corp. was founded in 1901 and is headquartered in Middlefield, Ohio. As of March 2, 2026, Middlefield Banc Corp. operates as a subsidiary of Farmers National Banc Corp.

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Frequently Asked Questions

Is MIDDLEFIELD BANC CORP (MBCN) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), MIDDLEFIELD BANC CORP is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is MIDDLEFIELD BANC CORP's debt ratio?

MIDDLEFIELD BANC CORP's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are MIDDLEFIELD BANC CORP's key financial metrics?

MIDDLEFIELD BANC CORP has a market capitalization of $274M, trailing P/E ratio of 14.1, and revenue of $68M. Return on equity stands at 8.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.