CBB Bancorp Declares Quarterly Cash Dividend of $.077 Per Share

Rhea-AI Summary

CBB Bancorp, Inc. (OTC PINK: CBBI) has declared a quarterly cash dividend of $.077 per common share, payable on February 25, 2022, to stockholders of record as of February 11, 2022. This dividend reflects the company's ongoing commitment to providing returns to its shareholders. CBB Bancorp operates Commonwealth Business Bank, offering services primarily to small- to medium-sized businesses across various locations including Los Angeles, Orange, Dallas, and Honolulu.

Positive

• Quarterly cash dividend of $.077 per share announced.
• Dividend payable on February 25, 2022, showing commitment to shareholder returns.

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• None.

LOS ANGELES--(BUSINESS WIRE)-- CBB Bancorp, Inc. (the "Company') (OTCQX: CBBI) announced today that its Board of Directors declared a quarterly cash dividend of $.077 per common share. The dividend is payable on or about February 25, 2022, to all stockholders of record as of the close of business on February 11, 2022.

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in small- to medium-sized businesses and does business as “CBB Bank.” The Bank has ten full-service branches in Los Angeles, Orange, and Dallas Counties and Honolulu, Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and five loan production offices in Texas, Georgia, Colorado, and Washington.

For additional information, please go to www.cbb-bank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220128005424/en/

Douglas J Goddard, EVP & CFO

(323) 988-3010

DouglasG@cbb-bank.com

Source: CBB Bancorp, Inc.

FAQ

What is the dividend amount for CBB Bancorp, Inc. (CBBI)?

CBB Bancorp, Inc. has declared a quarterly cash dividend of $.077 per common share.

When will the dividend for CBBI be paid?

The dividend is payable on February 25, 2022.

What is the record date for CBB Bancorp's dividend?

The record date for the dividend is February 11, 2022.