TCFC - Dividend announcements

WALDORF, Md., April 25, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported net income for the three months ended March 31, 2023 of $7.3 million, or $1.30 per diluted common share. This compares to net income of $7.6 million, or $1.35 per diluted common share for the fourth quarter of 2022, and net income of $6.3 million or $1.10 per diluted common share for the quarter ended March 31, 2022. First Quarter 2023 Highlights Stable Financial Performance: Net income totaled $7.3 million for the quarter ended March 31, 2023, or $1.30 per diluted common share compared to

WALDORF, Md., Feb. 27, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about April 24, 2023 to stockholders of record as of the close of business on April 12, 2023. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virg

WALDORF, Md., Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported its results of operations for the fourth quarter and year ended December 31, 2022. Net income for the three months ended December 31, 2022 of $7.6 million, or $1.35 per diluted common share compared with net income of $7.6 million, or $1.34 per diluted common share for the third quarter of 2022, and net income of $6.8 million, or $1.18 per diluted common share for the quarter ended December 31, 2021. The Company reported net income for the year ended December 31, 2022 of $28.3 million, or $5.

Highlights of the Announced Transaction: Creates a bank holding company with approximately $6 billion in assets and a market capitalization of approximately $650 millionThe combined company will have more than 40 branches, with leading and commanding market share positions in attractive Maryland markets and a growing presence in Virginia and Delaware Significant EPS accretion for ShoreAttractive, low-cost core funding base Like-minded institutions with strong cultural alignment and a deep commitment to shareholders, customers, employees, and the communities served by Shore and TCFC Meaningful value creation to shareholders and strong pro forma profitability Increased trading liquidity for bo

WALDORF, Md., Nov. 30, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about January 24, 2023 to stockholders of record as of the close of business on January 10, 2023.   The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg

WALDORF, Md., Oct. 24, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported record net income for the three months ended September 30, 2022 of $7.6 million, or $1.34 per diluted common share. This compares to net income of $6.8 million, or $1.21 per diluted common share for the second quarter of 2022, and net income of $6.4 million or $1.12 per diluted common share for the quarter ended September 30, 2021. The Company reported record net income for the nine months ended September 30, 2022 of $20.7 million or diluted earnings per share of $3.65 compared to net income

WALDORF, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about October 21, 2022 to stockholders of record as of the close of business on October 11, 2022.   The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksbur

WALDORF, Md., July 25, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the holding company for Community Bank of the Chesapeake (the "Bank"), today reported record net income for the three months ended June 30, 2022 of $6.8 million, or $1.21 per diluted common share. This compares to net income of $6.3 million, or $1.10 per diluted common share for the first quarter of 2022, and net income of $6.4 million or $1.10 per diluted common share for the quarter ended June 30, 2021. The Company reported record net income for the six months ended June 30, 2022 of $13.1 million or diluted earnings per share of $2.31 compared to net income for the comparabl

WALDORF, Md., May 25, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about July 26, 2022 to stockholders of record as of the close of business on July 12, 2022.   The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virgi

First Quarter 2022 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2022, or $1.10 per diluted common share compared to net income of $6.3 million or $1.07 per diluted common share for the quarter ended March 31, 2021 and $6.8 million or $1.18 per diluted common share for the quarter ended December 31, 2021.Robust Portfolio Loan Growth: Total portfolio loans increased to $1,629.5 million, an increase of $50.7 million or 12.9% annualized, compared to the prior quarter, and $121.5 million or 8.1% from March 31, 2021. The loan pipeline at March 31, 2022 was $193.0 million compared to $160.0 million at December 31, 2021.Strong Non-Interest Bearing and Trans

WALDORF, Md., Feb. 24, 2022 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock. The dividend will be paid on or about April 25, 2022 to stockholders of record as of the close of business on April 12, 2022. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virg

Fourth Quarter 2021 Highlights Record Net Income: Net income totaled $6.8 million for the quarter ended December 31, 2021, or $1.18 per diluted common share compared to net income of $6.1 million or $1.04 per diluted common share for the quarter ended December 31, 2020 and $6.4 million or $1.12 per diluted common share for the quarter ended September 30, 2021.Continued Solid Profitability: Return on average assets ("ROAA") and return on average common equity ("ROACE") were 1.18% and 13.00% for the three months ended December 31, 2021 compared to 1.18% and 12.51% for the three months ended December 31, 2020 and 1.17% and 12.45% for the three months ended September 30, 2021.Pre-tax, pre-provi

WALDORF, Md., Nov. 30, 2021 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company"), the bank holding company for Community Bank of the Chesapeake, announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per share of common stock, up from $0.15 in the previous quarter. This represents a 17% increase over the previous quarter. The dividend will be paid on or about January 24, 2022 to stockholders of record as of the close of business on January 10, 2022.   "Throughout the pandemic, diligence, thoughtful leadership and team commitment has driven our Company to strong financial results and to be well positioned for continued

October 25, 2021 Third Quarter 2021 Highlights Record Net Income: Net income totaled $6.4 million for the quarter ended September 30, 2021, or $1.12 per diluted common share compared to net income of $3.8 million or $0.64 per diluted common share for the quarter ended September 30, 2020 and $6.4 million or $1.10 per diluted common share for the quarter ended June 30, 2021.Continued Strong Profitability: Return on average assets ("ROAA") and return on average common equity ("ROACE") were 1.17% and 12.45% for the three months ended September 30, 2021 compared to 0.73% and 7.86% for the three months ended September 30, 2020 and 1.22% and 12.62% for the three months ended June 30, 2021. Third

WALDORF, Md., Sept. 22, 2021 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on or about October 18, 2021 to stockholders of record as of the close of business on October 4, 2021.   The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksbur

Second Quarter 2021 Highlights Net Income: Net income totaled $6.4 million for the quarter ended June 30, 2021, or $1.10 per diluted common share compared to net income of $3.5 million or $0.59 per diluted common share for the quarter ended June 30, 2020. Net income totaled $12.7 million for the six months ended June 30, 2021, or $2.17 per diluted common share compared to net income of $6.2 million or $1.05 per diluted common share for the six months ended June 30, 2020.Overall Profitability: This is the third consecutive quarter of record return on average assets ("ROAA") performance for the Company. The Company's ROAA and return on average common equity ("ROACE") were 1.22% and 12.62% for

WALDORF, Md., May 26, 2021 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ:TCFC) (the "Company") announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on or about July 23, 2021 to stockholders of record as of the close of business on July 12, 2021.   The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby and Prince Frederick, Maryland and Fredericksburg, Virginia. Forw

First Quarter 2021 Highlights Net Income: Net income totaled $6.3 million for the quarter ended March 31, 2021, or $1.07 per diluted common share compared to net income of $2.7 million or $0.47 per diluted common share for the quarter ended March 31, 2020.Overall Profitability: The Company's return on average assets ("ROAA") and return on average common equity ("ROACE") were 1.22% and 12.53% for the three months ended March 31, 2021 compared to 0.61% and 6.00% for the three months ended March 31, 2020. The Company improved ROAA from its previous record results of 1.18% reported in the fourth quarter of 2020.Core Profitability: Pre-tax, pre-provision ("PTPP") ROAA and PTPP ROACE increased to

WALDORF, Md., Feb. 25, 2021 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC) (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on or about April 26, 2021 to stockholders of record as of the close of business on April 12, 2021. The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virg

Fourth Quarter and Full Year 2020 Highlights Net Income: Net income totaled $6.1 million for the quarter ended December 31, 2020, or $1.04 per diluted common share, a 42% increase per share compared to net income of $4.1 million or $0.73 per diluted common share for the quarter ended December 31, 2019.Overall Profitability: The Company’s return on average assets ("ROAA") and return on average common equity ("ROACE") were 1.18% and 12.51% for the three months ended December 31, 2020 compared to 0.91% and 9.58% for the three months ended December 31, 2019. The Company’s ROAA and ROACE were 0.81% and 8.46% for the twelve months ended December 31, 2020 compared to 0.88% and 9.32% for the twel