Welcome to our dedicated page for EMCF news (Ticker: EMCF), a resource for investors and traders seeking the latest updates and insights on EMCF stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect EMCF's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of EMCF's position in the market.
Emclaire Financial Corp (NASDAQ:EMCF) reported a 52% increase in net income for 2021, totaling $10 million or $3.63 per diluted share. This growth was driven by an increase in net interest income of $2.4 million and a decrease in loan loss provisions by $2.2 million. Noninterest income grew by 5.2% to $4.6 million. However, noninterest expenses rose by 2.6% to $22.6 million. Total assets increased 2.6% to $1.1 billion as of December 31, 2021.
The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share on November 17, 2021. This dividend, payable on December 17, 2021, to shareholders of record as of December 1, 2021, reflects an annualized yield of 4.0%, based on the closing price of $29.65 per share on November 16, 2021. CEO William C. Marsh indicated that this dividend demonstrates the company's robust growth and strong financial performance over recent quarters.
Emclaire Financial Corp (NASDAQ:EMCF) reported a consolidated net income of $3.4 million, or $1.23 per diluted share, for Q3 2021, reflecting an 87.7% increase from $1.8 million in Q3 2020. For the nine-month period, net income rose 76.3% to $7.4 million, or $2.69 per diluted share, compared to $4.2 million in 2020. Key factors included a $1.4 million increase in net interest income and a significant decrease in the provision for loan losses by 83.3%. Noninterest expenses rose slightly, impacting overall profitability.
The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share on August 18, 2021, payable on September 17, 2021. This decision reflects an annualized dividend yield of 4.2% based on the stock's closing price of $28.69 per share on August 17, 2021. Chairman William C. Marsh indicated that the dividend showcases the Corporation’s ongoing growth and robust financial performance.
Emclaire Financial Corp (NASDAQ:EMCF) reported a consolidated net income of $1.8 million, or $0.67 per diluted share for Q2 2021, a 52.9% increase from Q2 2020's $1.2 million. For the first half of 2021, net income rose to $4.0 million or $1.46 per share, up 67.7% year-over-year. The growth was driven by higher net interest income and a reduced provision for loan losses, despite declines in noninterest income. Total assets reached $1.1 billion with a strong deposit increase, while the bank maintained its focus on lending and customer service recovery from the pandemic.
EMLENTON, Pa., May 19, 2021 – Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share, payable on June 18, 2021, to shareholders of record on June 1, 2021. This dividend indicates an annualized yield of 4.3% based on a closing stock price of $28.00 on May 18, 2021. Chairman William C. Marsh highlighted that the dividend reflects the company’s sustained growth and robust financial performance in recent quarters.
Emclaire Financial Corp (NASDAQ:EMCF) reported a consolidated net income of $2.2 million or $0.79 per diluted share for Q1 2021, marking an 82.7% increase from $1.2 million in Q1 2020. This rise is attributed to higher net interest income and a decrease in the provision for loan losses. Total assets grew by $35.4 million to $1.1 billion. However, stockholders' equity decreased by $610,000 to $90.9 million. The Bank continues to support local businesses with $22.8 million in PPP loans.
On February 17, 2021, Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per share, payable on March 19, 2021. Shareholders of record on March 1, 2021 will receive this dividend, representing an annualized yield of 4.6% based on a closing stock price of $26.20 on February 16, 2021. William C. Marsh, the Corporation’s CEO, emphasized that this dividend reflects ongoing growth and robust financial performance.
Emclaire Financial Corp (NASDAQ:EMCF) reported a net income of $6.6 million ($2.41 per diluted share) for 2020, a 15.6% decline from $7.8 million ($2.86 per share) in 2019. This drop was primarily due to a $2.5 million increase in the provision for loan losses amid economic uncertainties from COVID-19. Despite challenges, net interest income rose 3.7% to $29.1 million, driven by loan growth, including $54.9 million in Paycheck Protection Program (PPP) loans. Total assets grew 12.8% to $1 billion. The annual shareholder meeting is scheduled for April 21, 2021.
The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share on November 18, 2020. This dividend is payable on December 18, 2020, to shareholders of record on December 1, 2020, reflecting an annualized dividend yield of 4.8% based on a closing price of $24.87 per share on November 17, 2020. Chairman William C. Marsh attributed the dividend increase to the Corporation’s robust growth and strong financial performance in recent quarters.
FAQ
What is the market cap of EMCF (EMCF)?
