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MBBC

Marathon Bancorp, Inc.

MBBC

Marathon Bancorp, Inc. • NASDAQ
$11.15 ▼ -2.19% (-0.25)
Market Cap $32.77 M
52w High $12.89
52w Low $7.21
Dividend Yield 0%
P/E 85.77
Volume 2.60K
Outstanding Shares 2.94M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $3.065M ▲ $1.635M ▼ $444.293K ▲ 14.495% ▲ $0.17 ▲ $617.313K ▲
Q4-2025 $2.806M ▲ $2.279M ▲ $-331.992K ▼ -11.83% ▼ $-0.11 ▼ $-369.41K ▼
Q3-2025 $2.541M ▲ $1.517M ▼ $148.403K ▲ 5.841% ▲ $0.096 ▲ $266.03K ▲
Q2-2025 $2.448M ▼ $1.526M ▼ $51.127K ▼ 2.089% ▼ $0.041 ▼ $123.649K ▼
Q1-2025 $2.505M $1.553M $174.907K 6.981% $0.12 $285.624K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $4.003M ▼ $245.988M ▲ $199.708M ▲ $46.281M ▲
Q4-2025 $4.345M ▼ $238.835M ▲ $193.126M ▼ $45.709M ▲
Q3-2025 $7.228M ▼ $236.839M ▲ $204.886M ▲ $31.954M ▲
Q2-2025 $9.171M ▲ $217.931M ▲ $186.247M ▲ $31.685M ▲
Q1-2025 $8.877M $216.45M $184.863M $31.587M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $444.293M ▲ $463.961M ▲ $-5.87B ▼ $6.481B ▲ $1.075B ▲ $456.634M ▲
Q4-2025 $-331.992K ▼ $-459.344K ▼ $-11.875M ▼ $3.049M ▼ $-9.285M ▼ $-530.25K ▼
Q3-2025 $148.403K ▲ $848.995K ▲ $-10.956M ▼ $17.606M ▲ $7.499M ▲ $773.165K ▲
Q2-2025 $51.127K ▼ $113.62K ▼ $-215.323K ▼ $1.252M ▲ $1.15M ▼ $104.978K ▼
Q1-2025 $174.907K $945.24K $7.464M $-3.86M $4.55M $921.575K

Five-Year Company Overview

Income Statement

Income Statement The reported income statement is very thin and somewhat uneven. For several years the bank showed almost no revenue or profit, then in the most recent year it reports a meaningful step up in revenue but only a very small profit. That suggests the franchise is either still in an early stage of scaling or that the historical data are presented on a very different basis from the latest year. Earnings per share also swing sharply from year to year, which makes it hard to read a clear, stable profitability trend. Overall, the business looks to have only recently moved from essentially flat results to modest profitability, with limited cushion if conditions worsen.

Balance Sheet

Balance Sheet The balance sheet looks like that of a very small community bank, but with a sizeable base of assets relative to its equity. Reported equity is substantial for its size, and interest-bearing debt appears minimal, which points to conservative funding with deposits and capital rather than borrowings. Cash on hand is a small slice of total assets, typical for a bank that puts most funds into loans and securities. In plain terms, this appears to be a lightly leveraged, conservatively financed balance sheet by banking standards, though the absolute scale is quite small and the historical figures before the latest year look too tiny to interpret confidently.

Cash Flow

Cash Flow Cash flow from operations in the most recent period is negative, and free cash flow is also negative, with no notable capital spending recorded. For a bank, negative operating cash flow can reflect changes in loans and deposits rather than underlying weakness, but it still means cash moved out of the business during the year. With only a single year of meaningful data and no clear multi‑year pattern, it is difficult to judge whether this is a one‑off effect from balance sheet growth or a recurring strain. As of now, the cash flow picture is best described as weak and dependent on how the loan and deposit book is managed.

Competitive Edge

Competitive Edge Marathon Bancorp appears to be a very small regional or community bank competing in a crowded space against larger regional banks, national banks, and digital‑first players. Its likely strengths are local relationships, knowledge of its immediate markets, and a more personal approach to customers. Its main structural challenges are limited scale, less bargaining power on funding and technology, and higher relative regulatory and compliance costs. In such a niche, success typically depends on disciplined lending, stable core deposits, and tight cost control rather than aggressive growth. The small size also means that external shocks or local economic downturns can have a proportionally larger impact.

Innovation and R&D

Innovation and R&D The long innovation discussion provided actually refers to Marathon Digital Holdings, a Bitcoin miner, not Marathon Bancorp, the community bank here. For Marathon Bancorp itself, there is no specific disclosure of innovation or research spending in the data. As a small bank, it is unlikely to run large in‑house R&D programs; instead, it would typically adopt off‑the‑shelf banking technology platforms for online banking, payments, and compliance. Any “innovation” is more likely to be incremental—improving digital channels, enhancing customer service tools, and meeting regulatory requirements—rather than developing proprietary technology or products at scale.

Summary

Putting it together, Marathon Bancorp looks like a very small, conservatively funded community bank that has only recently begun to show more meaningful reported revenue and a slim profit. The older financial data are so small that they may reflect changes in reporting rather than the true long‑term performance of the franchise, so the track record as a public company is still quite short and somewhat opaque. The balance sheet appears cautious, with low reliance on debt and a solid capital base, but cash flow in the latest period is negative, likely tied to how loans and deposits have been managed. Competitively, the bank operates in a demanding niche where relationship lending and cost discipline are key, while scale, technology, and regulation are ongoing challenges. Overall, this is a small, early‑stage public banking story with limited visibility and a business model that will be highly sensitive to credit quality, local economic conditions, and management discipline over the next several years.