Routing Number: 053100452   •   Locations   •   Contact Us

Business Login
Personal Login
M&F Bank Logo
FDIC Digital Sign

M&F Bancorp, Inc. Announces First Quarter 2025 Results and Quarterly Cash Dividend

DURHAM, N.C., May 2, 2025 – M&F Bancorp, Inc. (“Company”) (OTC Pink: MFBP), the parent company of M&F Bank (“Bank”), announced unaudited financial results for the first quarter of 2025 and a quarterly cash common dividend of $0.06 per share.

First Quarter 2025 Highlights

  • Net income available to common stockholders totaled $557,000 and $812,000 for the three months ended March 31, 2025, and 2024, respectively, down 31.40%.
  • Basic and diluted earnings per common share of $0.28 for the three months ended March 31, 2025, down from $0.41 for the same period in 2024.
  • Return on average common stockholders’ equity of 6.91% for the three months ended March 31, 2025, compared with 11.62% for the same period in 2024.
  • Period end loans of $286.6 million, up 0.90% from December 31, 2024.
  • Provision for credit losses totaled $310,000 and $177,000 for the three months ended March 31, 2025, and 2024, respectively.
  • Period end deposits of $390.9 million, up 0.04% from December 31, 2024.
  • Period end assets of $528.3 million, up 0.63% from December 31, 2024.
Read Full Press Release

You are now leaving M&F Bank

M&F Bank provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by M&F Bank, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL