Insider Buying: Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Acquires 1,904 Shares of Stock

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CAO Nora Spatz acquired 1,904 shares of Marathon Bancorp, Inc. /MD/ stock in a transaction on Tuesday, June 9th. The shares were purchased at an average price of $14.50 per share, for a total transaction of $27,608.00. Following the completion of the purchase, the chief accounting officer directly owned 38,918 shares of the company’s stock, valued at approximately $564,311. This represents a 5.14% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Nora Spatz also recently made the following trade(s):

• On Wednesday, June 10th, Nora Spatz acquired 602 shares of Marathon Bancorp, Inc. /MD/ stock. The shares were purchased at an average price of $14.75 per share, for a total transaction of $8,879.50.
• On Monday, June 8th, Nora Spatz bought 197 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average cost of $14.24 per share, with a total value of $2,805.28.
• On Friday, June 5th, Nora Spatz bought 320 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average cost of $14.25 per share, with a total value of $4,560.00.
• On Thursday, June 4th, Nora Spatz bought 74 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average cost of $13.77 per share, with a total value of $1,018.98.
• On Wednesday, June 3rd, Nora Spatz bought 722 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average cost of $13.75 per share, with a total value of $9,927.50.

Marathon Bancorp, Inc. /MD/ Stock Up 1.1%

Shares of MBBC stock traded up $0.15 on Thursday, reaching $14.30. The company had a trading volume of 37,978 shares, compared to its average volume of 11,451. The firm has a market capitalization of $42.19 million, a PE ratio of 37.63 and a beta of -0.03. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.31 and a quick ratio of 1.31. Marathon Bancorp, Inc. /MD/ has a one year low of $9.90 and a one year high of $15.75. The firm has a 50-day simple moving average of $14.11.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last posted its earnings results on Wednesday, May 13th. The company reported $0.18 EPS for the quarter. The firm had revenue of $2.30 million during the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 9.01% and a return on equity of 2.36%.

Wall Street Analysts Forecast Growth

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

Key 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 made repeated open-market purchases of MBBC shares, signaling insider confidence in Marathon Bancorp’s prospects.
• Positive Sentiment: The insider buys were made at prices close to the current trading range, suggesting executives see value in the stock near recent levels.
• Neutral Sentiment: Marathon Bancorp remains a thinly traded, small-cap bank, so the stock can move sharply on limited news or volume.

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.