CBB Bancorp (OTCMKTS:CBBI) Trading Down 1.9%

CBB Bancorp, Inc. (OTCMKTS:CBBI) dropped 1.9% during mid-day trading on Wednesday . The company traded as low as $9.30 and last traded at $9.41. Approximately 96,996 shares were traded during mid-day trading, an increase of 258% from the average daily volume of 27,072 shares. The stock had previously closed at $9.59.

CBB Bancorp Stock Performance

The stock’s 50 day moving average price is $9.77 and its 200 day moving average price is $9.84. The company has a market capitalization of $102.19 million, a P/E ratio of 3.50 and a beta of 0.52.

CBB Bancorp (OTCMKTS:CBBI) last issued its quarterly earnings results on Friday, January 26th. The company reported $0.66 EPS for the quarter. The firm had revenue of $19.13 million for the quarter.

CBB Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Friday, February 9th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, February 8th. This represents a $0.32 annualized dividend and a yield of 3.32%. CBB Bancorp’s dividend payout ratio is currently 11.76%.

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.