CMUV BANCORP - CMUV STOCK NEWS

CMUV Bancorp reported unaudited 2nd quarter 2022 results, with a net income of $1,009,044 or $0.55 per share. The company's total assets increased to $295 million, and gross loans reached $206.6 million. The bank maintains a strong leverage capital ratio of 10.97% and an allowance for loan and lease losses at 1.14% of total loans. Non-accrual and past due loans are low at 0.91%. The book value of common stock was $13.89 per share, with trading at $14.30 as of June 30, 2022.

CMUV Bancorp (CMUV) has announced a cash dividend of $0.10 per common share for the 2nd quarter of 2022. This dividend will be payable on June 30, 2022, to all shareholders of record as of June 8, 2022. The approval by the Board of Directors reflects the company's commitment to returning value to its shareholders.

CMUV Bancorp reported a record net income of $1,066,067 for Q1 2022, equating to $0.57 per share. Total assets increased to $284.7 million, with deposits at $248.7 million and gross loans exceeding $201.8 million. The bank's leverage capital ratio was at 10.76%, indicating strong capitalization. The allowance for loan losses stood at $2,369,670, or 1.17% of total loans, with low non-accrual and past due loans at 0.95%. The book value per share was $13.49 as of March 31, 2022.

CMUV Bancorp has announced a cash dividend of $0.10 per common share for the 1st Quarter of 2022. This dividend is set to be paid on March 31, 2022, to shareholders recorded as of March 10, 2022. This decision reflects the company's commitment to returning value to its shareholders.

CMUV Bancorp reported strong unaudited year-end results for 2021, with earnings of $5,198,800, a significant increase from $3,386,757 in 2020. The organization benefited from the SBA PPP loan program and achieved over $211 million in gross loans, up by $3 million year-over-year. Total assets rose by $17 million to $277 million, while total deposits reached nearly $240 million. Earnings per share were $2.83, compared to $1.31 in 2020. The bank maintained a Community Bank Capital Leverage ratio of 10.73%, and non-accrual loans remained low at 0.87%, reflecting strong financial health.

CMUV Bancorp has declared a cash dividend of $0.10 per common share for the 4th Quarter of 2021. This dividend will be paid on December 31, 2021, to all shareholders on record as of December 13, 2021. This decision reflects the company's ongoing commitment to providing value to its shareholders and highlights its financial stability during the quarter.

CMUV Bancorp reported impressive unaudited 3rd quarter results for the period ending September 30, 2021, with a net income of $2,003,929, translating to $0.87 per share. A significant 90% increase in income was recorded for the first nine months of 2021 compared to the previous year, totaling $4,141,804. Total assets reached $271 million, with deposits at $233 million and gross loans at $206 million. The bank maintains a robust leverage capital ratio of 10.47% and a low non-accrual loan rate of 0.22%. Book value per share stands at $13.16, compared to a trading price of $11.55.

CMUV Bancorp (OTCQB: CMUV) announced the expiration of its tender offer to buy back up to 459,052 shares at $13.05, with 461,503 shares (20.1% of outstanding shares) tendered and accepted. The company also raised $7,500,000 through an institutional private placement of subordinated debt, which will partially fund the share buyback. The principal is due on October 26, 2031, with an initial fixed interest rate of 3.625% for the first five years. Excess funds will be utilized for general corporate purposes.

CMUV Bancorp (OTCQB: CMUV) has announced a tender offer to buy back up to 459,052 shares of its common stock at $13.05 per share, representing 20% of its total shares outstanding. This offer will expire on October 15, 2021. Currently, CMUV has 2,295,264 shares issued and outstanding. The buyback, estimated at $6 million, aims to provide liquidity to shareholders amidst limited trading conditions. While the offer price reflects a 12.4% premium over the last trade on September 10, 2021, CMUV will fund this buyback through subordinated debt issuance.