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CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Retrieved on:

Friday, March 15, 2024

HILLSDALE, Mich., March 15, 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 1st Quarter of 2023, payable on April 12, 2024 for shareholders of record on March 28, 2024.

Key Points:

HILLSDALE, Mich., March 15, 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 1st Quarter of 2023, payable on April 12, 2024 for shareholders of record on March 28, 2024.

CNB COMMUNITY BANCORP, INC. REPORTS 2023 RESULTS

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Friday, January 12, 2024

OTCQX, ROE, CNBB, Futures contract, EPS, Total, ROA, The Company, CNB, Cryptocurrency

HILLSDALE, Mich., Jan. 12, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three months and twelve months ended December 31, 2023.

Key Points:

HILLSDALE, Mich., Jan. 12, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three months and twelve months ended December 31, 2023.
For the year ended December 31, 2023, CNB Community Bancorp, Inc. (the "Company") reported net income of $10.6 million, a decrease of $1.6 million, or 13.1%, from the $12.2 million earned during the year ended December 31, 2022.
Basic earnings per share decreased to $4.91 during the year ended December 31, 2023, down $0.77 from $5.68 during 2022.
Furthermore, the Company results demonstrate that this model works as CNB surpassed $1.25 billion in assets in 2023 and improved our Net Interest Margin to 3.62%."

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 15, 2023

CNB, CNBB, OTC, Holding company

HILLSDALE, Mich., Dec. 15, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTC: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, which is equal to the dividend paid for the 4th Quarter of 2022.

Key Points:

HILLSDALE, Mich., Dec. 15, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTC: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, which is equal to the dividend paid for the 4th Quarter of 2022.
Furthermore, as a special annual dividend, the Board of Directors declared an additional $0.20 per share with both payable on January 12, 2024 for shareholders of record on December 31, 2023.

CNB COMMUNITY BANCORP, INC. REPORTS THIRD QUARTER 2023 RESULTS

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Friday, October 13, 2023

OTCQX, CNB, ROE, Chase County National Bank, EPS, Total, Clifton Bancorp, Inc., ROA, Growth, Uncertainty, The Company, CNBB, Cryptocurrency, Video game

HILLSDALE, Mich., Oct. 13, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three and nine months ended September 30, 2023.

Key Points:

HILLSDALE, Mich., Oct. 13, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three and nine months ended September 30, 2023.
Basic earnings per share for CNB Community Bancorp, Inc. (the "Company") decreased to $1.23 during the three months ended September 30, 2023, down $0.61 from $1.84 during the third quarter of 2022.
Net interest income in the third quarter of 2023 decreased $521,000 to $10.2 million compared to the third quarter of 2022.
Pre-tax, pre-provision income decreased $1.9 million to $3.3 million in the third quarter of 2023, compared to $5.2 million in the third quarter of 2022.

CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Retrieved on:

Friday, September 15, 2023

OTCQX, CNB, CNBB, Holding company

HILLSDALE, Mich., Sept. 15, 2023 /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, an increase of $0.02 from the dividend paid for the 3rd Quarter of 2022, payable on October 13, 2023 for shareholders of record on September 30, 2023.

Key Points:

HILLSDALE, Mich., Sept. 15, 2023 /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, an increase of $0.02 from the dividend paid for the 3rd Quarter of 2022, payable on October 13, 2023 for shareholders of record on September 30, 2023.

CNB COMMUNITY BANCORP, INC. REPORTS SECOND QUARTER 2023 RESULTS

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Friday, July 14, 2023

CNB, CNBB, ROA, Chase County National Bank, The Company, OTCQX, Growth, EPS, ROE, Total, Cryptocurrency, Bank

HILLSDALE, Mich., July 14, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three and six months ended June 30, 2023.

Key Points:

HILLSDALE, Mich., July 14, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three and six months ended June 30, 2023.
Basic earnings per share for CNB Community Bancorp, Inc. (the "Company") decreased to $1.18 during the three months ended June 30, 2023, down $0.18 from $1.36 for the second quarter of 2022.
The annualized return on average equity (ROE) decreased to 11.18% for the current quarter, down from 14.37% for the second quarter of 2022.
Net income decreased $385,000, 13.3%, to $2.5 million in the second quarter of 2023 and basic EPS decreased $0.18, or 13.4%, to $1.18 from $1.36 in the second quarter of 2022.

CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Retrieved on:

Friday, June 16, 2023

OTCQX, CNB, CNBB, Holding company

HILLSDALE, Mich., June 16, 2023 /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, an increase of $0.02 from the dividend paid for the 2nd Quarter of 2022, payable on July 14, 2023 for shareholders of record on June 30, 2023.

Key Points:

HILLSDALE, Mich., June 16, 2023 /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, an increase of $0.02 from the dividend paid for the 2nd Quarter of 2022, payable on July 14, 2023 for shareholders of record on June 30, 2023.

CNB COMMUNITY BANCORP, INC. REPORTS FIRST QUARTER 2023 RESULTS

Retrieved on:

Friday, April 14, 2023

CNB, CNBB, PPP, Delaware County National Bank, OTCQX, History of Federal Open Market Committee actions, EPS, Federal Open Market Committee, Total, Bank, Cryptocurrency, Beauty salon

HILLSDALE, Mich., April 14, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three months ended March 31, 2023.

Key Points:

HILLSDALE, Mich., April 14, 2023 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB), the parent company of County National Bank, today announced earnings for the three months ended March 31, 2023.
Basic earnings per share for CNB Community Bancorp, Inc. (the "Company") increased to $1.34 during the three months ended March 31, 2023, up $0.31 from $1.03 during the first quarter of 2022.
The annualized return on average equity ("ROE") increased to 13.2% for the current quarter, up from 11.1% for the first quarter of 2022.
Pre-tax, pre-provision income increased $798,000 to $4.0 million in the first quarter of 2023, compared to $3.2 million in the first quarter of 2022.

CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Retrieved on:

Friday, March 10, 2023

CNB, OTCQX, CNBB, Holding company

HILLSDALE, Mich., March 10, 2023 /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, an increase of $0.02 from the dividend paid for the 1st Quarter of 2022, payable on April 14, 2023 for shareholders of record on March 31, 2023.

Key Points:

HILLSDALE, Mich., March 10, 2023 /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, an increase of $0.02 from the dividend paid for the 1st Quarter of 2022, payable on April 14, 2023 for shareholders of record on March 31, 2023.

CNB COMMUNITY BANCORP, INC. REPORTS RECORD 2022 RESULTS

Retrieved on:

Friday, January 13, 2023

CNB, ROE, The Company, EPS, CNBB, Delaware County National Bank, ROA, Total, OTCQX

Earnings during the fourth quarter of 2022 totaled $3.1 million, an increase of $901,000 from the $2.2 million earned during the three months ended December 31, 2021.

Key Points:

Earnings during the fourth quarter of 2022 totaled $3.1 million, an increase of $901,000 from the $2.2 million earned during the three months ended December 31, 2021.
For the year ended December 31, 2022, CNB Community Bancorp, Inc. (the "Company") reported record net income of $12.2 million, an increase of $769,000, or 6.7%, from the $11.4 million earned during the year ended December 31, 2021.
Basic earnings per share increased to $5.68 during the year ended December 31, 2022, up $0.32 from $5.36 during 2021.
Joseph R. Williams, President and Chief Executive Officer of CNB Community Bancorp, Inc. and County National Bank, stated, "2022 resulted in record earnings for CNB mostly due to rising interest rates.