Clifton Bancorp, Inc.

IF Bancorp, Inc. Announces Results for Second Quarter of Fiscal Year 2023

Retrieved on: 
Friday, January 27, 2023
Banking, Professional Services, Finance, Income tax, PSLRA, ASU, Security (finance), Sale, Clifton Bancorp, Inc., Annual report, Accounting standard, COVID-19, Depreciation, External commercial borrowing, ESOP, Cryptocurrency

Interest income increased to $8.1 million for the three months ended December 31, 2022, from $6.3 million for the three months ended December 31, 2021.

Key Points: 
  • Interest income increased to $8.1 million for the three months ended December 31, 2022, from $6.3 million for the three months ended December 31, 2021.
  • Interest expense increased to $2.1 million for the three months ended December 31, 2022, from $627,000 for the three months ended December 31, 2021.
  • Non-interest income decreased to $868,000 for the three months ended December 31, 2022, from $1.4 million for the three months ended December 31, 2021.
  • Provision for income tax decreased to $486,000 for the three months ended December 31, 2022, from $629,000 for the three months ended December 31, 2021.

The Bancorp, Inc. Reports Fourth Quarter and Full Year 2022 Financial Results and Updates 2023 Guidance

Retrieved on: 
Thursday, January 26, 2023
Banking, Fintech, Professional Services, Finance, EPS, Insurance, Small business, ACH, PPP, Clifton Bancorp, Inc., National Association, Webcast, Sale, Growth, PacWest Bancorp, Conference, Business administration, NIM, GDV, LIVE, Bank holding company, Cryptocurrency, Bank

The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the fourth quarter of 2022.

Key Points: 
  • The Bancorp, Inc. ("The Bancorp" or “we”) (NASDAQ: TBBK), a financial holding company, today reported financial results for the fourth quarter of 2022.
  • Net interest income increased 47% to $76.8 million for the quarter ended December 31, 2022, compared to $52.2 million for the quarter ended December 31, 2021.
  • Net interest margin amounted to 4.21% for the quarter ended December 31, 2022, compared to 3.51% for the quarter ended December 31, 2021, and 3.69% for the quarter ended September 30, 2022.
  • Total prepaid, debit card, ACH and other payment fees increased 10% to $21.8 million for fourth quarter 2022 compared to the fourth quarter of 2021.

Territorial Bancorp Inc. Announces Fourth Quarter 2022 Results

Retrieved on: 
Thursday, January 26, 2023
Tax, Compact disc, ESOP, Sale, Environment, Clifton Bancorp, Inc., Share repurchase, Holding company, Airline, Bank

Territorial Bancorp Inc. paid a special dividend of $0.10 per share in the fourth quarter of 2022.

Key Points: 
  • Territorial Bancorp Inc. paid a special dividend of $0.10 per share in the fourth quarter of 2022.
  • The Board of Directors approved a quarterly cash dividend of $0.23 per share, representing Territorial Bancorp Inc.’s 53rd consecutive quarterly dividend.
  • HONOLULU, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announced net income of $3.45 million, or $0.39 per diluted share, for the three months ended December 31, 2022.
  • The ratio of non-performing assets to total assets was 0.11% at December 31, 2022 and 0.15% at December 31, 2021.

Territorial Bancorp Inc. Declares Dividend

Retrieved on: 
Thursday, January 26, 2023
Environment, Clifton Bancorp, Inc., Holding company, Bank

HONOLULU, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.

Key Points: 
  • HONOLULU, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors approved a quarterly cash dividend of $0.23 per share.
  • The dividend is expected to be paid on February 23, 2023 to stockholders of record as of February 9, 2023.
  • For our shareholders, we are proud to have announced our twelfth repurchase program during the December quarter as well as paying a special dividend.
  • We will continue to look for areas to enhance shareholder value, such as our recent corporate headquarters move to less expensive space, as we move forward.”

The Bancorp, Inc. Sets Fourth Quarter and Fiscal 2022 Financial Results Release Date and Conference Call

Retrieved on: 
Friday, January 13, 2023
Banking, Professional Services, Finance, Clifton Bancorp, Inc., Webcast, Bank holding company, Security (finance), Broadcasting, Video game

The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2022 financial results after market hours on Thursday, January 26, 2023, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 27, 2023, at 8:00 a.m. Eastern time.

Key Points: 
  • The Bancorp, Inc. (“Bancorp”) (Nasdaq: TBBK) today announced that it will release its fourth quarter and fiscal 2022 financial results after market hours on Thursday, January 26, 2023, and invites investors and other interested parties to listen to its earnings results conference call on Friday, January 27, 2023, at 8:00 a.m. Eastern time.
  • All interested parties can access the live conference call webcast by visiting The Bancorp site at www.thebancorp.com and clicking on the webcast link located on the home page or by dialing 1.888.396.8049, conference code 92735961.
  • For those who are not available to listen to the live broadcast, the replay will be available following the live call via webcast on Bancorp’s website and telephonically until Friday, February 3, 2023 by dialing 1.877.674.7070, access code 735961#.

Territorial Bancorp Inc. Declares Special Dividend

Retrieved on: 
Thursday, December 8, 2022
Federal Reserve Board of Governors, Pandemic, Financial Accounting Standards Board, Terrorism, Treasury, Security (finance), Government, Public Company Accounting Oversight Board, Office of the Supervising Architect for the U.S. Treasury, Unitary state, Environment, Growth, Clifton Bancorp, Inc., Finance, COVID-19, Holding company, Audit, Bank, Risk management

HONOLULU, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has declared a special cash dividend of $0.10 per share payable on December 29, 2022 to shareholders of record as of December 19, 2022.

Key Points: 
  • HONOLULU, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has declared a special cash dividend of $0.10 per share payable on December 29, 2022 to shareholders of record as of December 19, 2022.
  • In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change.
  • We are under no duty to and do not take any obligation to update any forward-looking statements after the date of this release.
  • Because of these and a wide variety of other uncertainties, our actual future results may be materially different from the results indicated by these forward-looking statements.

Territorial Bancorp Inc. Adopts Repurchase Program

Retrieved on: 
Monday, December 5, 2022
Annual report, Securities and Exchange Commission (Nigeria), Security (finance), Risk, Territory, Clifton Bancorp, Inc.

HONOLULU, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has adopted its twelfth stock repurchase program.

Key Points: 
  • HONOLULU, Dec. 05, 2022 (GLOBE NEWSWIRE) -- Territorial Bancorp Inc. (NASDAQ: TBNK) (the “Company”), headquartered in Honolulu, Hawaii, the holding company parent of Territorial Savings Bank, announces that its Board of Directors has adopted its twelfth stock repurchase program.
  • Under this repurchase program, the Company may repurchase up to $5,000,000 of the company’s outstanding shares.
  • The repurchase program does not obligate the Company to purchase any particular number of shares.
  • Territorial Bancorp Inc., headquartered in Honolulu, Hawaii, is the stock holding company for Territorial Savings Bank.

CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share and Special Annual Dividend of $0.20 Per Share

Retrieved on: 
Friday, December 16, 2022
Trust, Central Michigan, OTCQX, CNBB, CNB, OTC, Delaware County National Bank, Clifton Bancorp, Inc., Holding company, Bank

Furthermore, as a special annual dividend, the Board of Directors declared an additional $0.20 per share with both payable on January 13, 2023.

Key Points: 
  • Furthermore, as a special annual dividend, the Board of Directors declared an additional $0.20 per share with both payable on January 13, 2023.
  • CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company.
  • Its subsidiary bank, County National Bank ("CNB"), is a nationally chartered full-service community bank that also offers investment management and trust services, which has been serving South Central Michigan since 1934.
  • CNB provides a wide array of financial products and services through its 13 full-service offices and 19 ATMs.

The Bancorp Releases Environmental, Social, and Governance (ESG) Report

Retrieved on: 
Thursday, December 1, 2022
Finance, Environmental, Social and Governance (ESG), Banking, Professional Services, Fintech, ESG, Work, Multimedia, Bank, Clifton Bancorp, Inc., Quadriga Fintech Solutions, Lithium, Bank holding company

The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A.

Key Points: 
  • The Bancorp, Inc. (NASDAQ: TBBK) and its subsidiaries, including but not limited to The Bancorp Bank, N.A.
  • (Bank), released its inaugural ESG Report discussing its commitment to corporate responsibility by promoting good stewardship through continuous, sustainable, and values-based growth.
  • To learn more about The Bancorps ESG effort, visit https://www.thebancorp.com/ or read the full 2021 ESG Report .
  • The Bancorp Inc., (NASDAQ: TBBK), through its subsidiary, The Bancorp Bank, N.A., provides non-bank financial companies with the people, processes, and technology to meet their unique banking needs.

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2023 (Unaudited)

Retrieved on: 
Thursday, November 3, 2022
Banking, Professional Services, Insurance, Finance, Accounting standard, Annual report, Company, Private Securities Litigation Reform Act, Sale, ESOP, Clifton Bancorp, Inc., COVID-19, Income, Adoption, External commercial borrowing, U.S. Securities and Exchange Commission, PSLRA, NASDAQ, Security (finance), Depreciation, Association, ASU

Noninterest income decreased to $1.2 million for the three months ended September 30, 2022, from $1.5 million for the three months ended September 30, 2021.

Key Points: 
  • Noninterest income decreased to $1.2 million for the three months ended September 30, 2022, from $1.5 million for the three months ended September 30, 2021.
  • Noninterest expense increased to $4.8 million for the three months ended September 30, 2022, from $4.7 million for the three months ended September 30, 2021.
  • Cash and cash equivalents decreased to $11.4 million at September 30, 2022, from $75.8 million at June 30, 2022.
  • Total borrowings, including repurchase agreements, increased to $72.7 million at September 30, 2022 from $24.2 million at June 30, 2022.