CBB Bancorp (OTCMKTS:CBBI) Shares Up 2.4% – What’s Next?

CBB Bancorp, Inc. (OTCMKTS:CBBI) shares were up 2.4% during trading on Friday . The stock traded as high as $11.48 and last traded at $10.75. Approximately 10,460 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 9,762 shares. The stock had previously closed at $10.50.

CBB Bancorp Stock Performance

The firm has a market capitalization of $113.84 million, a P/E ratio of 5.07 and a beta of 0.54. The firm’s 50-day moving average is $10.63 and its 200 day moving average is $10.50.

CBB Bancorp (OTCMKTS:CBBI) last posted its quarterly earnings data on Friday, January 31st. The company reported $0.54 EPS for the quarter.

CBB Bancorp Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.10 dividend. The ex-dividend date is Friday, February 14th. This represents a $0.40 annualized dividend and a yield of 3.72%. CBB Bancorp’s dividend payout ratio is currently 18.87%.

CBB Bancorp Company Profile

CBB Bancorp, Inc operates as the holding company for Commonwealth Business Bank that provides various commercial banking products and services to individuals and businesses in the United States. It offers checking, savings, money market, and certification of deposit accounts; SBA lending; business lines of credit; business term loans; business and commercial property loans; construction loans; and credit cards.