Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Posts Quarterly Earnings Results

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) announced its quarterly earnings data on Wednesday. The company reported $0.18 EPS for the quarter, FiscalAI reports. Marathon Bancorp, Inc. /MD/ had a return on equity of 1.78% and a net margin of 6.59%.The business had revenue of $2.30 million during the quarter.

Marathon Bancorp, Inc. /MD/ Stock Down 3.1%

MBBC traded down $0.48 during trading on Thursday, reaching $14.99. 5,803 shares of the company’s stock were exchanged, compared to its average volume of 8,130. The company has a market capitalization of $44.21 million and a P/E ratio of 55.50. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.27 and a quick ratio of 1.27. Marathon Bancorp, Inc. /MD/ has a fifty-two week low of $9.90 and a fifty-two week high of $15.75.

Wall Street Analyst Weigh In

Separately, Weiss Ratings began coverage on shares of Marathon Bancorp, Inc. /MD/ in a research note on Tuesday, March 17th. They issued a “hold (c)” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Marathon Bancorp, Inc. /MD/ currently has a consensus rating of “Hold”.

About Marathon Bancorp, Inc. /MD/

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.