Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) SVP Purchases $10,048.50 in Stock

Marathon Bancorp, Inc. /MD/ (NASDAQ:MBBC) SVP Terry Cornish bought 693 shares of the stock in a transaction on Tuesday, June 9th. The stock was purchased at an average cost of $14.50 per share, with a total value of $10,048.50. Following the completion of the purchase, the senior vice president directly owned 26,986 shares in the company, valued at $391,297. This trade represents a 2.64% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Terry Cornish also recently made the following trade(s):

• On Wednesday, June 10th, Terry Cornish bought 219 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.75 per share, with a total value of $3,230.25.
• On Monday, June 8th, Terry Cornish bought 71 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.24 per share, with a total value of $1,011.04.
• On Friday, June 5th, Terry Cornish bought 116 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $14.25 per share, with a total value of $1,653.00.
• On Thursday, June 4th, Terry Cornish bought 27 shares of Marathon Bancorp, Inc. /MD/ stock. The stock was bought at an average price of $13.77 per share, with a total value of $371.79.
• On Wednesday, June 3rd, Terry Cornish acquired 263 shares of Marathon Bancorp, Inc. /MD/ stock. The shares were bought at an average cost of $13.75 per share, with a total value of $3,616.25.

Marathon Bancorp, Inc. /MD/ Stock Down 0.1%

Shares of NASDAQ MBBC opened at $14.29 on Friday. Marathon Bancorp, Inc. /MD/ has a 52-week low of $9.90 and a 52-week high of $15.75. The company’s fifty day moving average is $14.12. The stock has a market cap of $42.16 million, a PE ratio of 37.61 and a beta of -0.03. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.31 and a quick ratio of 1.31.

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

Marathon Bancorp, Inc. /MD/ News Summary

Here are the key news stories impacting Marathon Bancorp, Inc. /MD/ this week:

• Positive Sentiment: CEO Nicholas W. Zillges, COO Michelle Knopf, CAO Nora Spatz, and SVP Terry Cornish all bought shares between June 3 and June 10, signaling management confidence in the company’s outlook. Insider buying filing Insider buying filing Insider buying filing Insider buying filing
• Positive Sentiment: The buys were made in the mid-$13 to mid-$14 range, including multiple purchases at $13.75, $13.77, $14.24, $14.25, $14.50, and $14.75 per share, suggesting insiders see value around current trading levels.
• Neutral Sentiment: MarketBeat notes MBBC recently opened around $14.30 and remains close to its 50-day moving average of $14.11, while analyst coverage still reflects a Hold consensus, limiting near-term conviction.
• Neutral Sentiment: The company’s most recent quarterly results showed EPS of $0.18 on revenue of $2.30 million, which does not appear to be a fresh catalyst in the latest move.

Analyst Ratings Changes

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