CBB Bancorp Declares Quarterly Cash Dividend of $.08 Per Share

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CBB Bancorp, Inc. declares quarterly cash dividend of $.08 per common share.

Positive

• CBB Bancorp, Inc. declares quarterly cash dividend of $.08 per common share.

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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 $.08 per common share. The dividend is payable on November 22, 2023, to all stockholders of record as of the close of business on November 10, 2023.

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 eleven 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/20231026156333/en/

Richard Koh, EVP & CFO

(323) 988-3037

RichardK@cbb-bank.com

Source: CBB Bancorp, Inc.

FAQ

When is the dividend payable?

The dividend is payable on November 22, 2023.

What is the amount of the dividend?

The dividend amount is $.08 per common share.

Who is eligible for the dividend?

All stockholders of record as of the close of business on November 10, 2023 are eligible for the dividend.