M&F Bancorp (OTCMKTS:MFBP – Get Free Report) announced its quarterly earnings data on Friday. The financial services provider reported $0.14 EPS for the quarter, Zacks reports.
M&F Bancorp Price Performance
Shares of MFBP stock remained flat at $52.00 on Friday. 2,027 shares of the stock were exchanged, compared to its average volume of 3,172. M&F Bancorp has a 12 month low of $18.40 and a 12 month high of $52.33. The stock has a market capitalization of $100.88 million, a price-to-earnings ratio of 49.06 and a beta of -0.61. The stock’s 50 day moving average price is $49.04 and its 200-day moving average price is $34.01.
M&F Bancorp Company Profile
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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