M&F Bancorp (OTCMKTS:MFBP – Get Free Report) released its earnings results on Friday. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $5.73 million during the quarter.
M&F Bancorp Stock Performance
Shares of MFBP stock opened at $52.00 on Friday. The company has a market capitalization of $100.88 million, a price-to-earnings ratio of 167.74 and a beta of -0.61. M&F Bancorp has a 1-year low of $18.40 and a 1-year high of $52.33. The stock’s fifty day simple moving average is $49.11 and its 200-day simple moving average is $34.17.
About M&F Bancorp
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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