Nicholas Zillges Purchases 970 Shares of Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Stock

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBCGet Free Report) CEO Nicholas Zillges acquired 970 shares of Marathon Bancorp, Inc. /MD/ stock in a transaction dated Tuesday, June 16th. The stock was purchased at an average price of $15.00 per share, with a total value of $14,550.00. Following the completion of the purchase, the chief executive officer directly owned 57,205 shares of the company’s stock, valued at $858,075. The trade was a 1.72% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Marathon Bancorp, Inc. /MD/ Trading Up 3.2%

NASDAQ MBBC opened at $15.31 on Friday. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.50. The business’s fifty day moving average price is $14.23. The company has a market cap of $45.16 million, a P/E ratio of 40.29 and a beta of -0.03. Marathon Bancorp, Inc. /MD/ has a 1 year low of $9.95 and a 1 year high of $15.75.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBCGet Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. The business had revenue of $2.30 million for the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 9.01% and a return on equity of 2.36%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded Marathon Bancorp, Inc. /MD/ from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

View Our Latest Stock Analysis on MBBC

About Marathon Bancorp, Inc. /MD/

(Get Free Report)

Marathon Bancorp, Inc (NASDAQ: MBBC) is a bank holding company that operates through its banking subsidiary to provide a range of commercial and retail banking services. Its core business centers on deposit-taking and lending activities for individual and business customers, with an emphasis on relationship-driven community banking. The company’s banking operations typically include checking and savings accounts, certificates of deposit, and other consumer deposit products.

On the lending side, Marathon Bancorp’s subsidiary offers commercial loans, real estate and mortgage lending, and consumer loans, along with cash management and payment services for small and mid-sized businesses.

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