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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) announced its quarterly earnings data on Tuesday. The company reported $0.16 earnings per share for the quarter, FiscalAI reports. Marathon Bancorp, Inc. /MD/ had a return on equity of 3.80% and a net margin of 14.06%. The firm had revenue of $2.48 million during the quarter.

Marathon Bancorp, Inc. /MD/ Trading Down 2.0%

Shares of NASDAQ MBBC traded down $0.29 during trading hours on Tuesday, hitting $14.18. The company’s stock had a trading volume of 951 shares, compared to its average volume of 7,600. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.26 and a current ratio of 1.26. The stock has a market cap of $42.68 million, a price-to-earnings ratio of 21.16 and a beta of 0.03. Marathon Bancorp, Inc. /MD/ has a 12 month low of $10.75 and a 12 month high of $15.79. The business has a 50-day simple moving average of $14.87 and a 200-day simple moving average of $14.64.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded 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 investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has a consensus 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.