Elmira Savings Bank (NASDAQ:ESBK) reported quarterly earnings of $0.33 per share. This is a 2.94 percent decrease over earnings of $0.34 per share from the same period last year.
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Elmira Savings Bank (NASDAQ:ESBK) reported quarterly earnings of $0.33 per share. This is a 2.94 percent decrease over earnings of $0.34 per share from the same period last year.
Tuesday marks the last chance for investors to receive the next dividend payout from Elmira Savings Bank (NASDAQ:ESBK). What's Happening The company announced on Thursday that it would pay shareholders a quarterly dividend of $0.15 per share. On Wednesday, Elmira Savings Bank will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.15 lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own ESBK as of the end of Tuesday's session are eligible to receive the $0.15 div
Community Bank System, Inc. ("Community Bank System") (NYSE:CBU), the parent company of Community Bank, N.A. ("Community Bank"), announced today that Community Bank completed its merger with Elmira Savings Bank, a New York state chartered savings bank ("Elmira") (NASDAQ:ESBK) on May 13, 2022. Community Bank acquired Elmira in an all cash transaction representing total consideration valued at approximately $82.8 million. The merger added eight branch locations across a five-county area in the Central New York and Southern Tier markets. With completion of the merger, Community Bank System has over $16.2 billion in assets and over $13.8 billion in deposits. Mark E. Tryniski, President and Chi
ELMIRA, N.Y., April 27, 2022 (GLOBE NEWSWIRE) -- Elmira Savings Bank (NASDAQ:ESBK) Highlights Net income was $1,168,000 for the three months ended March 31, 2022, compared to $1,204,000 for the same period in 2021.Diluted earnings per share were $.33 per share for the three months ended March 31, 2022, compared to $.34 per share for the same period in 2021. Return on average assets was .76% for the three months ended March 31, 2022, and .75% for the same period in 2021.Return on average equity was 7.32% for the three months ended March 31, 2022, compared to 7.93% for the same period in 2021. "Earnings per share and return on assets are consistent with last year's first
ELMIRA, N.Y., Feb. 17, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Elmira Savings Bank (NASDAQ:ESBK) has declared a $0.15 per share cash dividend on their existing common shares outstanding. The cash dividend will be paid on March 11, 2022 to shareholders of record March 3, 2022. Elmira Savings Bank, with $622.3 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state-chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; one office in Cayuga County, NY; one office in Schuyler County; and a loan center in Broome County, NY. Except for the historical informati
ELMIRA, N.Y., April 27, 2022 (GLOBE NEWSWIRE) -- Elmira Savings Bank (NASDAQ:ESBK) Highlights Net income was $1,168,000 for the three months ended March 31, 2022, compared to $1,204,000 for the same period in 2021.Diluted earnings per share were $.33 per share for the three months ended March 31, 2022, compared to $.34 per share for the same period in 2021. Return on average assets was .76% for the three months ended March 31, 2022, and .75% for the same period in 2021.Return on average equity was 7.32% for the three months ended March 31, 2022, compared to 7.93% for the same period in 2021. "Earnings per share and return on assets are consistent with last year's first
ELMIRA, N.Y., Feb. 17, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Elmira Savings Bank (NASDAQ:ESBK) has declared a $0.15 per share cash dividend on their existing common shares outstanding. The cash dividend will be paid on March 11, 2022 to shareholders of record March 3, 2022. Elmira Savings Bank, with $622.3 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state-chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; one office in Cayuga County, NY; one office in Schuyler County; and a loan center in Broome County, NY. Except for the historical informati
ELMIRA, N.Y., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Elmira Savings Bank (NASDAQ:ESBK) Highlights Net income was $1,102,000 and $5,219,000 for the three and twelve months ended December 31, 2021 compared to $1,284,000 and $4,159,000 for the same periods in 2020.Diluted earnings per share were $.31 per share and $1.48 per share for the three and twelve months ended December 31, 2021 compared to $.37 per share and $1.19 per share for the same periods in 2020. Return on average assets was .69% and .81% for the three and twelve months ended December 31, 2021 compared to .78% and .64% for the three and twelve months ended December 31, 2020.Return on average equity was 6.82% and 8.31% for the th