M&F Bancorp (OTCMKTS:MFBP – Get Free Report) announced its quarterly earnings data on Friday. The financial services provider reported $0.14 earnings per share for the quarter, Zacks reports.
M&F Bancorp Price Performance
Shares of OTCMKTS:MFBP remained flat at $52.00 during trading on Friday. 2,027 shares of the company’s stock traded hands, compared to its average volume of 8,703. The firm’s fifty day simple moving average is $49.11 and its 200 day simple moving average is $34.17. The stock has a market cap of $100.88 million, a P/E ratio of 48.11 and a beta of -0.61. M&F Bancorp has a fifty-two week low of $18.40 and a fifty-two week high of $52.33.
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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