Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CEO Nicholas Zillges Buys 970 Shares

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) CEO Nicholas Zillges purchased 970 shares of the firm’s stock in a transaction that occurred on Tuesday, June 16th. The shares were acquired at an average cost of $15.00 per share, with a total value of $14,550.00. Following the completion of the transaction, the chief executive officer directly owned 57,205 shares of the company’s stock, valued at $858,075. The trade was a 1.72% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Marathon Bancorp, Inc. /MD/ Trading Down 2.8%

Shares of MBBC traded down $0.42 on Wednesday, reaching $14.56. 1,927 shares of the company’s stock traded hands, compared to its average volume of 11,237. 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 market capitalization of $42.95 million, a PE ratio of 38.32 and a beta of -0.03. The business has a 50 day moving average price of $14.17. Marathon Bancorp, Inc. /MD/ has a 52-week low of $9.90 and a 52-week high of $15.75.

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) last released its earnings results on Wednesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter. Marathon Bancorp, Inc. /MD/ had a return on equity of 2.36% and a net margin of 9.01%.The business had revenue of $2.30 million during the quarter.

Analyst Ratings Changes

Separately, Weiss Ratings raised Marathon Bancorp, Inc. /MD/ from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, June 11th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus 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.