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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) issued its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share for the quarter, FiscalAI reports. The company had revenue of $2.48 million for the quarter. Marathon Bancorp, Inc. /MD/ had a net margin of 13.59% and a return on equity of 3.79%.

Marathon Bancorp, Inc. /MD/ Stock Performance

Shares of MBBC traded up $0.28 during midday trading on Thursday, reaching $14.46. 951 shares of the stock were exchanged, compared to its average volume of 1,171. The stock’s 50 day simple moving average is $14.84 and its 200 day simple moving average is $14.64. The company has a market cap of $43.49 million, a P/E ratio of 21.91 and a beta of 0.03. Marathon Bancorp, Inc. /MD/ has a twelve month low of $10.75 and a twelve month high of $15.79. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.42.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Marathon Bancorp, Inc. /MD/ from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, September 9th. One analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of “Hold”.

Marathon Bancorp, Inc. /MD/ Company Profile

Marathon Bancorp, Inc. is the holding company for Marathon Bank, a community-focused bank headquartered in Wausau, Wisconsin. Through its subsidiary, the company provides banking and financial services to individuals, families, businesses, and other organizations in central Wisconsin. Marathon Bank offers deposit products, including checking and savings accounts, certificates of deposit, and related cash-management services. Its lending activities include residential real estate and mortgage loans, home equity financing, consumer loans, and commercial real estate and business lending.