Elmira Savings Bank Declares Cash Dividend

Rhea-AI Summary

The Board of Directors of Elmira Savings Bank (NASDAQ:ESBK) has declared a cash dividend of $0.15 per share on its common shares. The dividend is set to be paid on June 11, 2021, to shareholders of record as of June 3, 2021. Elmira Savings Bank, which has total assets of $656.3 million, is federally insured and operates multiple branches across several counties in New York.

Positive

• Declaration of a $0.15 cash dividend per share for shareholders.
• Strong asset base of $656.3 million.

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• None.

ELMIRA, N.Y., May 24, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Elmira Savings Bank (NASDAQ:ESBK) has declared a $0.15 per share cash dividend on their existing common shares outstanding. The cash dividend will be paid on June 11, 2021 to shareholders of record June 3, 2021.

Elmira Savings Bank, with $656.3 million in total assets, is insured by the Federal Deposit Insurance Corporation (FDIC) and is a state-chartered bank with five offices in Chemung County, NY; three offices in Tompkins County, NY; two offices in Steuben County, NY; one office in Cayuga County, NY; one office in Schuyler County; and a loan center in Broome County, NY.

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank’s publicly available regulatory reports.

For further information contact:
Thomas M. Carr, President & CEO
Elmira Savings Bank
333 East Water Street
Elmira, New York 14901
(607) 735-8660
E-Mail tcarr@elmirasavingsbank.com

 

FAQ

What is the dividend amount declared by Elmira Savings Bank (ESBK)?

Elmira Savings Bank has declared a cash dividend of $0.15 per share.

When will the dividend be paid to shareholders of ESBK?

The dividend will be paid on June 11, 2021.

What date do I need to be a shareholder to receive the ESBK dividend?

Shareholders must be on record by June 3, 2021, to receive the dividend.

How many branches does Elmira Savings Bank operate?

Elmira Savings Bank operates multiple branches in Chemung, Tompkins, Steuben, Cayuga, and Schuyler Counties.

Is Elmira Savings Bank insured?

Yes, Elmira Savings Bank is insured by the Federal Deposit Insurance Corporation (FDIC).