trending Market Intelligence /marketintelligence/en/news-insights/trending/OjMx3xYIQGUMFG7CsZinuA2 content esgSubNav
In This List

Pasadena, Calif.-based Community Bank discloses branch opening, ups dividend

Blog

Balance Sheet Strategy in an Unusual Rate Environment

Blog

Investors' Views of the Industry Today & the Outlook for Tomorrow

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion


Pasadena, Calif.-based Community Bank discloses branch opening, ups dividend

Pasadena, Calif.-based CommunityBank disclosed a branch opening in Laguna Niguel in Orange County, Calif.,and increased its cash dividend to 50 cents per share.

The bank said it opened the new branch over the last severalmonths.

The dividend is payable June 1 to shareholders of record as ofMay 13. SNL data pegged the previous dividend at 48 cents per share.

In its April 29 earnings release, Community Bank reported first-quarternet income of $7.7 million, or $2.48 per diluted share.