Elmira Savings Bank Declares Cash Dividend

Rhea-AI Summary

Elmira Savings Bank (NASDAQ:ESBK) has declared a $0.15 cash dividend per share for its common stock, payable on September 10, 2021. The record date for this dividend is September 2, 2021. The bank, with total assets of $653.1 million, operates multiple offices across New York, serving regions in Chemung, Tompkins, Steuben, Cayuga, and Schuyler counties, along with a loan center in Broome County.

Positive

• Declaration of a $0.15 cash dividend per share, enhancing shareholder income.
• Strong asset base of $653.1 million, indicating financial stability.

Negative

• None.

ELMIRA, N.Y., Aug. 18, 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 September 10, 2021 to shareholders of record September 2, 2021.

Elmira Savings Bank, with $653.1 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?

The board has declared a $0.15 cash dividend per share.

When is the dividend payment date for ESBK?

The dividend will be paid on September 10, 2021.

What is the record date for the dividend declaration by Elmira Savings Bank?

The record date for the dividend is September 2, 2021.

How many total assets does Elmira Savings Bank have?

Elmira Savings Bank has total assets of $653.1 million.