M&F Bancorp (OTCMKTS:MFBP – Get Free Report) issued its quarterly earnings data on Friday. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, Zacks reports. The company had revenue of $5.73 million for the quarter.
M&F Bancorp Price Performance
MFBP remained flat at $52.00 during trading on Friday. 2,027 shares of the company’s stock were exchanged, compared to its average volume of 8,703. M&F Bancorp has a twelve month low of $18.40 and a twelve month high of $52.33. The company has a 50 day simple moving average of $49.11 and a 200-day simple moving average of $34.17. The stock has a market capitalization of $100.72 million, a PE ratio of 49.06 and a beta of -0.61.
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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