CBB Bancorp (OTCMKTS:CBBI) Posts Earnings Results

CBB Bancorp (OTCMKTS:CBBI) posted its earnings results on Friday. The company reported $0.54 EPS for the quarter, Zacks reports.

CBB Bancorp Price Performance

Shares of OTCMKTS:CBBI opened at $10.60 on Friday. The firm has a market capitalization of $112.25 million, a PE ratio of 4.73 and a beta of 0.54. The business has a 50 day simple moving average of $10.67 and a two-hundred day simple moving average of $10.45. CBB Bancorp has a 1 year low of $9.22 and a 1 year high of $11.50.

CBB Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a dividend of $0.10 per share. The ex-dividend date is Friday, February 14th. This represents a $0.40 annualized dividend and a yield of 3.77%. CBB Bancorp’s payout ratio is 17.86%.

About CBB Bancorp

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.