Cortland Bancorp (CLDB)
|Net Income (ttm)||8.26M|
|Trading Day||April 20|
|Day's Range||22.95 - 23.00|
|52-Week Range||10.96 - 23.90|
Net income improves 47% on quarter basis and 13% year over year, despite COVID-19 challenges
Board additionally authorizes a supplemental dividend of $.05 per share Board additionally authorizes a supplemental dividend of $.05 per share
CORTLAND, Ohio, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Cortland Bancorp (NASDAQ: CLDB), the holding company for The Cortland Savings and Banking Company, today adopted a new stock repurchase program (“progra...
Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. It offers deposit products, including demand and time deposits, savings, money market, and checking accounts. The company also provides commercial loans, such as commercial, financial, real estate construction and development, and commercial real estate loans, as well as small business lending and trade financing; and consumer loans, including resid... [Read more...]
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In 2020, CLDB's revenue was $29.21 million, an increase of 2.86% compared to the previous year's $28.40 million. Earnings were $8.26 million, an increase of 13.47%.