Marathon Bancorp, Inc. /MD/MBBC
What Marathon Bancorp, Inc. /MD/ does.
Marathon Bancorp, Inc. (the “Company” or “Marathon Bancorp”), a Maryland corporation, was formed in December 2020 to serve as the mid-tier holding company for Marathon Bank (the “Bank”) upon the completion of the Bank’s mutual holding company reorganization and offering.
On April 14, 2021, the Bank completed its reorganization into the mutual holding company structure and the related stock offering of the Company, the Bank’s new holding company. As a result of the reorganization, the Bank became a wholly-owned subsidiary of the Company, the Company issued and sold 45.0% of its outstanding shares of common stock in its stock offering to the public, and the Company issued 55.0% of its outstanding shares of common stock to Marathon MHC (“Mutual Holding Company”), which was the Company’s mutual holding company.
On April 21, 2025, the Company completed its conversion from the mutual holding company form of organization to the stock holding company form of organization (the “Conversion”). In connection with the Conversion, the Mutual Holding Company ceased to exist. Also, as part of the Conversion, the Company sold 1,693,411 shares of its common stock, which included 135,472 shares issued to the Employee Stock Ownership Plan (“ESOP”), at a price of $10.00 per share to the public. Each outstanding share of Company common stock owned by the public stockholders of the Company (stockholders other than the Mutual Holding Company) were converted into new shares of Company common stock based on an exchange ratio of 1.3728-to-1. Following the completion of the Conversion, the Company’s shares of common stock began trading on the Nasdaq Capital Market under the trading symbol “MBBC.”
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $7.3M | $7.3M | $8.0M | $6.6M | $6.8M | $9.0M |
| Net income | $1.4M | $1.3M | $1.7M | -$186,994 | $42,445 | $1.8M |
| Free cash flow | $943,463 | $791,438 | $1.9M | -$1.8M | $1.3M | $2.0M |
More on MBBC.
- Marathon Bancorp, Inc. /MD/ summary
- Marathon Bancorp, Inc. /MD/ financial statements
- Marathon Bancorp, Inc. /MD/ key metrics
- Marathon Bancorp, Inc. /MD/ health scores and style box
- Marathon Bancorp, Inc. /MD/ earnings
- Marathon Bancorp, Inc. /MD/ dividends
- Marathon Bancorp, Inc. /MD/ valuation
- Marathon Bancorp, Inc. /MD/ ownership and insiders
- Marathon Bancorp, Inc. /MD/ peers
Figures from Marathon Bancorp, Inc. /MD/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.