CBB Bancorp (OTCMKTS:CBBI) Shares Up 1.5%

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

CBB Bancorp Stock Performance

The company’s 50-day simple moving average is $9.66 and its 200 day simple moving average is $9.73. The company has a market cap of $102.17 million, a PE ratio of 3.73 and a beta of 0.55.

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

CBB Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 24th. Stockholders of record on Friday, May 10th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 3.32%. The ex-dividend date of this dividend was Thursday, May 9th. CBB Bancorp’s dividend payout ratio (DPR) is presently 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.