Terry Cornish Buys 693 Shares of Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Stock

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) SVP Terry Cornish acquired 693 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was acquired at an average cost of $14.50 per share, with a total value of $10,048.50. Following the acquisition, the senior vice president owned 26,986 shares of the company’s stock, valued at $391,297. This trade represents a 2.64% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Terry Cornish also recently made the following trade(s):

• On Wednesday, June 10th, Terry Cornish bought 219 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.75 per share, for a total transaction of $3,230.25.
• On Monday, June 8th, Terry Cornish bought 71 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.24 per share, for a total transaction of $1,011.04.
• On Friday, June 5th, Terry Cornish bought 116 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.25 per share, for a total transaction of $1,653.00.
• On Thursday, June 4th, Terry Cornish acquired 27 shares of Marathon Bancorp, Inc. /MD/ stock. The shares were bought at an average price of $13.77 per share, for a total transaction of $371.79.
• On Wednesday, June 3rd, Terry Cornish acquired 263 shares of Marathon Bancorp, Inc. /MD/ stock. The shares were bought at an average price of $13.75 per share, for a total transaction of $3,616.25.

Marathon Bancorp, Inc. /MD/ Stock Down 0.1%

Shares of NASDAQ MBBC opened at $14.29 on Friday. Marathon Bancorp, Inc. /MD/ has a fifty-two week low of $9.90 and a fifty-two week high of $15.75. The company’s 50-day moving average is $14.12. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $42.16 million, a PE ratio of 37.61 and a beta of -0.03.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last issued its quarterly earnings data on Wednesday, May 13th. The company reported $0.18 earnings per share for the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 9.01% and a return on equity of 2.36%. The business had revenue of $2.30 million for the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised Marathon Bancorp, Inc. /MD/ from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday. One 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”.

More Marathon Bancorp, Inc. /MD/ News

Here are the key news stories impacting Marathon Bancorp, Inc. /MD/ this week:

• Positive Sentiment: CEO Nicholas W. Zillges, COO Michelle Knopf, CAO Nora Spatz, and SVP Terry Cornish all bought shares between June 3 and June 10, signaling management confidence in the company’s outlook. Insider buying filing Insider buying filing Insider buying filing Insider buying filing
• Positive Sentiment: The buys were made in the mid-$13 to mid-$14 range, including multiple purchases at $13.75, $13.77, $14.24, $14.25, $14.50, and $14.75 per share, suggesting insiders see value around current trading levels.
• Neutral Sentiment: MarketBeat notes MBBC recently opened around $14.30 and remains close to its 50-day moving average of $14.11, while analyst coverage still reflects a Hold consensus, limiting near-term conviction.
• Neutral Sentiment: The company’s most recent quarterly results showed EPS of $0.18 on revenue of $2.30 million, which does not appear to be a fresh catalyst in the latest move.

Marathon Bancorp, Inc. /MD/ Company Profile

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.