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Eagle Financial Bancorp, Inc. Announces Cash Dividend, 2021 Annual Meeting Date and Fourth Quarter 2020 Results

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Eagle Financial Bancorp (OTCQB: EFBI) announced a cash dividend of $0.05 per common share, payable on February 28, 2021, to stockholders of record as of February 15, 2021. The annual meeting of stockholders is scheduled for April 20, 2021. As of December 31, 2020, the company reported $160.4 million in total assets, $128.4 million in total deposits, and $29.0 million in total stockholders’ equity, serving the community through its main office and two branches in Hamilton County, Ohio.

Positive
  • Declared a cash dividend of $0.05 per share.
  • Total assets increased to $160.4 million.
Negative
  • Dependence on economic conditions and interest rate trends.
  • Potential impacts of COVID-19 on financial stability.

Eagle Financial Bancorp, Inc. (the “Company”) (OTCQB: EFBI), the holding company for Eagle Savings Bank, today announced that its Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on or about February 28, 2021, to stockholders of record as of the close of business on February 15, 2021.

The Company also announced today that the 2021 annual meeting of stockholders of Eagle Financial Bancorp, Inc. will be held on April 20, 2021.

In addition, the Company announced today its results of operations for the quarter ended December 31, 2020. A copy of the announcement can be found on the Company’s website at www.eaglesavings.com under the heading “Investor Relations – Financial Reports.”

About Eagle Savings Bank

Eagle Savings Bank, an Ohio chartered savings association headquartered in Cincinnati, Ohio, was originally chartered in 1882. At December 31, 2020 Eagle Financial Bancorp, Inc., our holding company, had $160.4 million of total assets, $128.4 million of total deposits and $29.0 million of total stockholders’ equity. We provide financial services primarily to individuals, families and businesses through our main office and two branch offices located in Hamilton County, Ohio.

Forward-looking statements

This news release may contain certain forward-looking statements, such as statements of the Company’s plans, objectives, expectations, estimates and intentions. Forward-looking statements may be identified by the use of words such as “expects,” “subject,” “believe,” “will,” “intends,” “will be” or “would.” These statements are subject to change based on various important factors (some of which are beyond the Company’s control) and actual results may differ materially. Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management’s analysis of factors only as of the date of which they are given). These factors include general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, the ability of the Company to effectively manage its growth, the results of regulatory examinations, and the effect of the Coronavirus Disease 2019 (COVID-19) pandemic on our Company, the communities where we have our branches, the state of Ohio and the United States, including its effect on the economy and overall financial stability. The effects of the COVID-19 pandemic may also exacerbate the effects of the other factors listed herein. The foregoing list of important factors is not exclusive. Other factors including uncertainties and risks that may affect our results are disclosed in our SEC filings, including under the heading “Risk Factors.”

FAQ

What is the dividend amount declared by Eagle Financial Bancorp (EFBI)?

Eagle Financial Bancorp declared a cash dividend of $0.05 per common share.

When will the dividend for EFBI be paid?

The dividend will be paid on February 28, 2021.

What are the total assets reported by Eagle Financial Bancorp?

As of December 31, 2020, the total assets reported were $160.4 million.

When is the annual meeting of stockholders for Eagle Financial Bancorp?

The annual meeting will be held on April 20, 2021.

What are the risks mentioned in the Eagle Financial Bancorp press release?

The risks include economic conditions, interest rate trends, and the impact of COVID-19.

Eagle Financial Bancorp, Inc.

OTC:EFBI

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Banks - Regional
Financial Services
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United States
Cincinnati