Middlefield Banc Announces Merger with Farmers National

Middlefield Banc ( (MBCN) ) has provided an announcement.

On October 22, 2025, Middlefield Banc Corp. announced a merger agreement with Farmers National Banc Corp., where Middlefield will merge into Farmers, making Farmers the surviving entity. This merger will see Middlefield Bank merge into Farmers Bank, with the latter as the surviving bank. The merger agreement outlines an exchange ratio for Middlefield’s shareholders and includes provisions for the integration of board members from Middlefield into Farmers’ board. The merger is subject to various conditions, including shareholder and regulatory approvals, and is expected to close in the first quarter of 2026. The agreement also details termination rights and a termination fee if certain conditions are not met.

The most recent analyst rating on (MBCN) stock is a Buy with a $38.00 price target. To see the full list of analyst forecasts on Middlefield Banc stock, see the MBCN Stock Forecast page.

Spark’s Take on MBCN Stock

According to Spark, TipRanks’ AI Analyst, MBCN is a Outperform.

Middlefield Banc’s overall stock score is driven by its solid financial performance and attractive valuation. The company’s consistent revenue growth and effective cost management contribute positively, while the improved leverage on the balance sheet adds stability. The technical analysis indicates a generally positive trend, though caution is advised due to potential short-term bearish signals. The stock’s valuation is appealing, with a low P/E ratio and a reasonable dividend yield, making it an attractive option for value and income-focused investors.

To see Spark’s full report on MBCN stock, click here.

More about Middlefield Banc

Average Trading Volume: 10,532

Technical Sentiment Signal: Buy

Current Market Cap: $276.3M

For detailed information about MBCN stock, go to TipRanks’ Stock Analysis page.