CBB Bancorp (OTCMKTS:CBBI) Trading 1.5% Higher

CBB Bancorp, Inc. (OTCMKTS:CBBI)’s share price was up 1.5% during trading on Wednesday . The stock traded as high as $9.65 and last traded at $9.65. Approximately 3,300 shares were traded during trading, a decline of 82% from the average daily volume of 18,482 shares. The stock had previously closed at $9.51.

CBB Bancorp Stock Performance

The stock has a market capitalization of $102.17 million, a price-to-earnings ratio of 3.73 and a beta of 0.55. The business’s 50 day simple moving average is $9.66 and its 200-day simple moving average is $9.73.

CBB Bancorp (OTCMKTS:CBBI) last released its quarterly earnings results on Friday, April 26th. The company reported $0.54 earnings per share for the quarter. The business had revenue of $18.37 million for the quarter.

CBB Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Friday, May 10th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.32%. The ex-dividend date was Thursday, May 9th. CBB Bancorp’s dividend payout ratio is currently 12.36%.

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.