Eagle Financial Bancorp, Inc. Announces Cash Dividend and 2022 Annual Meeting Date

Rhea-AI Summary

Eagle Financial Bancorp (OTC-PINK: EFBI) announced a cash dividend of $0.07 per common share, set to be paid on February 28, 2022, to shareholders recorded by the close of business on February 15, 2022. The Company also stated that its annual meeting will be held on April 19, 2022. As of December 31, 2021, Eagle Financial Bancorp reported total assets of $174.8 million, total deposits of $141.5 million, and stockholders' equity of $30.1 million.

Positive

• Declared a cash dividend of $0.07 per share.
• Strong asset base with total assets of $174.8 million.

Negative

• Dependence on general economic conditions and interest rate trends.
• Potential impact of COVID-19 on operations and financial stability.

CINCINNATI--(BUSINESS WIRE)-- Eagle Financial Bancorp, Inc. (the “Company”) (OTCQB: EFBI), the holding company for EAGLE.bank, today announced that its Board of Directors declared a cash dividend of $0.07 per common share. The dividend will be paid on or about February 28, 2022, to stockholders of record as of the close of business on February 15, 2022.

The Company also announced today that the 2022 annual meeting of stockholders of Eagle Financial Bancorp, Inc. will be held on April 19, 2022.

About EAGLE.bank

EAGLE.bank, an Ohio chartered bank headquartered in Cincinnati, Ohio, was originally chartered in 1882. At December 31, 2021 Eagle Financial Bancorp, Inc., our holding company, had $174.8 million of total assets, $141.5 million of total deposits and $30.1 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.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20220204005496/en/

Gary J. Koester

Chief Executive Officer

(513) 574-0700

gary.koester@eagle.bank

Source: Eagle Financial Bancorp, Inc.

FAQ

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

Eagle Financial Bancorp declared a dividend of $0.07 per common share.

When will the dividend be paid to shareholders of EFBI?

The dividend will be paid on or about February 28, 2022.

What is the record date for the dividend payment of EFBI?

The record date for the dividend payment is February 15, 2022.

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

The annual meeting will be held on April 19, 2022.