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

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) released its earnings results on Wednesday. The company reported $0.13 EPS for the quarter, FiscalAI reports. Marathon Bancorp, Inc. /MD/ had a return on equity of 2.36% and a net margin of 9.01%.The business had revenue of $2.34 million during the quarter.

Marathon Bancorp, Inc. /MD/ Price Performance

Shares of MBBC stock opened at $15.01 on Wednesday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.31 and a current ratio of 1.31. The firm has a 50-day moving average price of $15.08. Marathon Bancorp, Inc. /MD/ has a one year low of $10.28 and a one year high of $15.79. The stock has a market capitalization of $44.28 million, a P/E ratio of 39.50 and a beta of -0.10.

Wall Street Analyst Weigh In

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 equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average 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.