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

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

Marathon Bancorp, Inc. /MD/ Price Performance

NASDAQ:MBBC opened at $15.01 on Thursday. The company has a market cap of $44.28 million, a P/E ratio of 39.50 and a beta of -0.10. Marathon Bancorp, Inc. /MD/ has a 1 year low of $10.28 and a 1 year high of $15.79. The business has a 50 day moving average price of $15.07. The company has a current ratio of 1.31, a quick ratio of 1.31 and a debt-to-equity ratio of 0.50.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings downgraded Marathon Bancorp, Inc. /MD/ from a “buy (b-)” rating to a “hold (c)” rating in a research report on Wednesday, September 9th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has an average rating of “Hold”.

About Marathon Bancorp, Inc. /MD/

Marathon Bancorp, Inc is the Maryland-based bank holding company for Marathon Bank, a community banking institution serving customers in central Wisconsin. Through its banking subsidiary, the company provides deposit, lending and other financial services to individuals, families, businesses and organizations.

Marathon Bank offers traditional banking products, including checking and savings accounts, certificates of deposit and other deposit services. Its lending activities include residential real estate, commercial real estate, construction, commercial business and consumer loans.