Shares of M&F Bancorp Inc. (OTCMKTS:MFBP – Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $26.31 and traded as high as $31.93. M&F Bancorp shares last traded at $30.25, with a volume of 1,521 shares changing hands.
M&F Bancorp Price Performance
The firm’s fifty day simple moving average is $26.31 and its 200 day simple moving average is $22.95. The company has a market capitalization of $58.69 million, a price-to-earnings ratio of 23.27 and a beta of -0.53.
M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last released its earnings results on Tuesday, May 5th. The financial services provider reported $0.24 earnings per share for the quarter. The firm had revenue of $5.74 million during the quarter.
M&F Bancorp Company Profile
M&F Bancorp, Inc is the bank holding company for M&F Bank, a community bank headquartered in Martinsville, Virginia. Through its subsidiary, the company offers a comprehensive suite of commercial and retail banking products and services designed to meet the needs of individuals, small- and medium-sized businesses, and municipal entities. Core offerings include checking and savings accounts, money market and time deposit products, consumer and mortgage loans, and commercial lending solutions.
Operating primarily in southwestern Virginia and northern North Carolina, M&F Bank maintains a network of full-service branches complemented by digital banking channels.
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