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

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

CBB Bancorp Trading Up 2.4 %

The business’s fifty day simple moving average is $10.63 and its 200 day simple moving average is $10.50. The stock has a market cap of $113.84 million, a price-to-earnings ratio of 5.07 and a beta of 0.54.

CBB Bancorp (OTCMKTS:CBBI) last announced its quarterly earnings results on Friday, January 31st. The company reported $0.54 earnings per share for the quarter.

CBB Bancorp Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.72%. CBB Bancorp’s dividend payout ratio is 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.