About Embassy Bancorp, Inc. This document may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various risks, uncertainties and other factors. Such risks, uncertainties and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: ineffectiveness of the company's business strate ...

WHITE PLAINS, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the "Company") (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on or about August 6, 2024 to shareholders of record as of the close of business on July 5, 2024. NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which con ...

WESTERLY, R.I., June 20, 2024 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2024. The dividend will be paid July 12, 2024 to shareholders of record on July 1, 2024. SOURCE Washington Trust Bancorp, Inc. ABOUT WASHINGTON TRUST BANCORP, INC. Washington Trust Bancorp, Inc. ("the Corporation), NASDAQ: WASH, is the publicly-owned holding company of The Washington Trust Company ("W ...

Martin Duering /iStock Editorial via Getty Images New York Community Bancorp is focused on managing the risks to its portfolio and recovering to generate long-term shareholder returns. New York Community Bancorp, Inc. (NYSE:NYCB) is among the numerous small banks that potentially faced bankruptcy. The company has a market cap of just over $3 billion, after a partial equity rescue, due to loan losses, that leaves it more than 70% below its pre-disaster highs. As we'll see throughout this article, the company ...

SHIPPENSBURG, Pa. and YORK, Pa., June 17, 2024 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. ("Orrstown") (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. ("Codorus Valley") (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, today announced that they have received the requisite regulatory approvals and waivers from the Board of Governors of the Federal Reserve System and the Pennsylvania Department of Banking and Securities for their pre ...

emyu Introduction U.S. Bancorp (NYSE:USB) is a large regional bank that has not been immune to the industry struggles related to higher interest rates and the retention of deposits. Twice, I have examined the bank's series A preferred shares (NYSE:USB.PR.A) as a good source of income, with the most recent update coming in January. Despite the run-up in price, the series A preferred shares still provide the most income when compared to the bank's stock and other preferred shares, and I believe they are still ...

Share prices of New York Community Bancorp (NYCB -2.87%) have fallen roughly 70% over the past year. In the first-quarter 2024 earnings update, the first bullet point in management's comments was that the company is targeting "peer level profitability by fourth quarter 2026." Buy New York Community Bancorp Bolstering the balance sheet led to a massive dividend cut, with the quarterly dividend falling from $0.17 per share to $0.01 in less than a year. This aggressive move was also necessitated by the fact th ...

Richard Moore, Chief Executive Officer of First Bancorp, stated, "Your company continued to perform well during the first quarter of 2024 with increases in our liquidity and capital along with strong credit quality. We are pleased that our financial performance and capital position allow us to continue distributing the level of cash dividend providing our shareholders with a valuable return on their investments." Please visit our website at www.LocalFirstBank.com for more information. SOURCE First Bancorp S ...

About CNB Community Bancorp, Inc. SOURCE CNB Community Bancorp, Inc. HILLSDALE, Mich., June 14, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX:CNBB) announced that the Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.29 per share, consistent with the dividend paid for the 2nd Quarter of 2023, payable on July 12, 2024 for shareholders of record on June 28, 2024. CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company. Its subsi ...

OSWEGO, N.Y., June 13, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. ("Pathfinder" or "Company") (NASDAQ: PBHC), announced that its banking subsidiary, Pathfinder Bank ("Bank"), has received the required regulatory agency approvals from both the New York State Department of Financial Services and the Federal Deposit Insurance Corporation to complete its pending acquisition of the East Syracuse, New York branch of Berkshire Bank, Pittsfield, MA located on 6611 Manlius Center Road. James A. Dowd, Presiden ...