M&F Bancorp (OTCMKTS:MFBP) Shares Pass Below 200 Day Moving Average – Here’s Why

Posted by Teresa Graham on Apr 5th, 2025

Shares of M&F Bancorp, Inc. (OTCMKTS:MFBP – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $18.84 and traded as low as $17.90. M&F Bancorp shares last traded at $17.95, with a volume of 12,944 shares.

M&F Bancorp Price Performance

The stock has a 50-day simple moving average of $18.58 and a 200-day simple moving average of $18.83.

M&F Bancorp (OTCMKTS:MFBP – Get Free Report) last issued its quarterly earnings results on Friday, February 7th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter.

M&F Bancorp Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Friday, February 21st were issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.33%. This is an increase from M&F Bancorp’s previous quarterly dividend of $0.05. The ex-dividend date was Friday, February 21st.

M&F Bancorp Company Profile

(Get Free Report)

M&F Bancorp, Inc operates as a bank holding company for the Mechanics and Farmers Bank that provides consumer and commercial banking products and services in North Carolina. It offers deposit products, including demand deposits; checking, savings, and money market accounts, as well as certificates of deposit.