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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) posted its quarterly earnings data on Wednesday. The company reported $0.18 earnings per share for the quarter, FiscalAI reports. Marathon Bancorp, Inc. /MD/ had a net margin of 6.59% and a return on equity of 1.78%. The firm had revenue of $2.30 million during the quarter.

Marathon Bancorp, Inc. /MD/ Trading Down 1.2%

Shares of MBBC traded down $0.18 during trading hours on Wednesday, hitting $14.95. 588 shares of the stock traded hands, compared to its average volume of 15,387. The firm has a market capitalization of $44.10 million and a PE ratio of 55.37. Marathon Bancorp, Inc. /MD/ has a 1-year low of $9.90 and a 1-year high of $15.75. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.41.

Analyst Ratings Changes

Separately, Weiss Ratings began coverage on shares of Marathon Bancorp, Inc. /MD/ in a research report on Tuesday, March 17th. They set a “hold (c)” rating on the stock. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Marathon Bancorp, Inc. /MD/ currently has a consensus rating of “Hold”.

Marathon Bancorp, Inc. /MD/ Company Profile

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.