M&F Bancorp (OTCMKTS:MFBP) Announces Earnings Results

M&F Bancorp (OTCMKTS:MFBP) issued its quarterly earnings data on Tuesday. The financial services provider reported $0.24 EPS for the quarter, Zacks reports. The business had revenue of $5.74 million during the quarter.

M&F Bancorp Price Performance

Shares of OTCMKTS:MFBP opened at $25.10 on Wednesday. M&F Bancorp has a 1 year low of $17.95 and a 1 year high of $26.99. The firm has a market capitalization of $48.69 million, a price-to-earnings ratio of 16.51 and a beta of -0.55. The business’s 50 day moving average price is $24.17 and its 200-day moving average price is $21.04.

M&F Bancorp Company Profile

M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.

Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.