M&F Bancorp (OTCMKTS:MFBP) Stock Crosses Below 200-Day Moving Average – What’s Next?

Posted by Lauren Steadman on Apr 18th, 2025

Shares of M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.80 and traded as low as $18.10. M&F Bancorp shares last traded at $18.10, with a volume of 100 shares traded.

M&F Bancorp Trading Up 0.6 %

The stock’s 50-day moving average is $18.19 and its 200 day moving average is $18.80.

M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last released its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter.

M&F Bancorp Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Investors of record on Friday, February 21st were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 1.33%. The ex-dividend date was Friday, February 21st. This is a positive change from M&F Bancorp’s previous quarterly dividend of $0.05.

About M&F Bancorp

(Get Free Report)

M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.