Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) Releases 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. The company had revenue of $2.30 million during the quarter. Marathon Bancorp, Inc. /MD/ had a return on equity of 2.38% and a net margin of 9.01%.

Marathon Bancorp, Inc. /MD/ Trading Down 3.7%

MBBC traded down $0.55 on Friday, hitting $14.41. 1,154 shares of the stock traded hands, compared to its average volume of 8,090. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 0.41. The firm has a market capitalization of $42.51 million and a price-to-earnings ratio of 37.92. Marathon Bancorp, Inc. /MD/ has a 52 week low of $9.90 and a 52 week high of $15.75.

Analysts Set New Price Targets

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