M&F Bancorp (OTCMKTS:MFBP – Get Free Report) released its earnings results on Friday. The financial services provider reported $0.14 earnings per share for the quarter, Zacks reports.
M&F Bancorp Stock Performance
Shares of OTCMKTS:MFBP remained flat at $52.00 during midday trading on Friday. The company had a trading volume of 2,027 shares, compared to its average volume of 3,172. The company’s fifty day moving average is $49.04 and its 200 day moving average is $34.01. The firm has a market capitalization of $100.88 million, a PE ratio of 49.06 and a beta of -0.61. M&F Bancorp has a twelve month low of $18.40 and a twelve month high of $52.33.
M&F Bancorp Company Profile
M&F Bancorp, Inc is a bank holding company headquartered in Durham, North Carolina. Through its subsidiary, Mechanics and Farmers Bank, the company provides banking and financial services to individuals, businesses, and organizations.
Mechanics and Farmers Bank offers deposit accounts, consumer and commercial lending, mortgage services, business banking, cash-management services, and online and mobile banking. The bank serves customers in North Carolina, with a presence in markets including Durham, Greensboro, Raleigh, and Charlotte.
Mechanics and Farmers Bank traces its history to 1907 and is recognized as one of the nation’s oldest African American-owned banks.
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