Exchange Bank Declares First Quarter Cash Dividend
On February 15, 2022, Exchange Bank (OTC: EXSR) declared a quarterly cash dividend of $1.20 per share, payable to shareholders on March 18, 2022, unchanged from the prior quarter. 50.44% of the dividend will support the Doyle Trust for scholarships at Santa Rosa Junior College. Exchange Bank, with assets of $3.5 billion, provides personal, commercial, and trust services across multiple locations. This continued dividend reflects the bank's stable financial performance and commitment to shareholder returns.
- Declaration of a quarterly cash dividend of $1.20 per share.
- Dividend remains stable compared to the previous quarter.
- Support for community initiatives through the Doyle Trust.
- None.
FORWARD-LOOKING INFORMATION:
The following appears in accordance with the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking statements about the Company, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words “believe,” “expect,” “anticipate,” “intend,” “plan,” “estimate,” or words of similar meaning, or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.”
Forward-looking statements, by their nature, are subject to risks and uncertainties. A number of factors — many of which are beyond the Company’s control — could cause actual conditions, events or results to differ significantly from those described in the forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date forward looking statements are made.
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