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Exchange Bank Declares Fourth Quarter Cash Dividend

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Exchange Bank has declared a quarterly cash dividend of $1.30 per share on common stock, payable on December 13, 2024, to shareholders of record as of November 29, 2024. Notably, 50.44% (approximately $1.12 million) of the dividend will be directed to the Doyle Trust, which supports Doyle Scholarships at Santa Rosa Junior College.

La Exchange Bank ha dichiarato un dividendo in contanti trimestrale di 1,30 dollari per azione sulle azioni ordinarie, che sarà pagato il 13 dicembre 2024 agli azionisti registrati al 29 novembre 2024. È importante notare che il 50,44% (circa 1,12 milioni di dollari) del dividendo sarà destinato al Doyle Trust, che sostiene le borse di studio Doyle presso il Santa Rosa Junior College.

Exchange Bank ha declarado un dividendo en efectivo trimestral de $1.30 por acción sobre las acciones comunes, que se pagará el 13 de diciembre de 2024 a los accionistas registrados hasta el 29 de noviembre de 2024. Notablemente, el 50.44% (aproximadamente $1.12 millones) del dividendo se destinará al Doyle Trust, que apoya las becas Doyle en el Santa Rosa Junior College.

익스체인지 은행은 주당 1.30달러의 분기 현금 배당금을 보통주에 대해 선언했으며, 2024년 12월 13일에 2024년 11월 29일 기준의 주주에게 지급됩니다. 특히, 50.44% (약 112만 달러)의 배당금은 샌타 로사 주니어 칼리지의 도일 장학금을 지원하는 도일 신탁으로 전달될 것입니다.

Exchange Bank a déclaré un dividende trimestriel en espèces de 1,30 $ par action sur les actions ordinaires, payable le 13 décembre 2024 aux actionnaires inscrits au 29 novembre 2024. À noter que 50,44% (environ 1,12 million de $) du dividende sera attribué à la Doyle Trust, qui soutient les bourses Doyle au Santa Rosa Junior College.

Die Exchange Bank hat eine auf Stammaktien erklärt, die am 13. Dezember 2024 an die Aktionäre, die zum 29. November 2024 registriert sind, ausgezahlt wird. Bemerkenswert ist, dass 50,44% (etwa 1,12 Millionen USD) der Dividende an den Doyle Trust geleitet wird, der die Doyle-Stipendien am Santa Rosa Junior College unterstützt.

Positive
  • Maintained quarterly dividend payment of $1.30 per share
  • Total dividend distribution amounts to approximately $2.22 million (calculated from $1.12M being 50.44%)
Negative
  • None.

SANTA ROSA, Calif.--(BUSINESS WIRE)-- On November 19, 2024, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.30 per share on common stock outstanding to shareholders of record at the close of business on November 29, 2024. The dividend will be paid on December 13, 2024.

50.44%, approximately $1.12 million, of the Bank’s cash dividend will go to the Doyle Trust which funds the Doyle Scholarships at the Santa Rosa Junior College.

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.

About Exchange Bank

Headquartered in Sonoma County and founded in 1890, Exchange Bank is a full-service community bank with assets of $3.41 billion. Exchange Bank provides a wide range of personal, commercial, and trust and investment management services with 17 retail branches in Sonoma County, a retail branch in Roseville and Trust & Investment Management offices in Santa Rosa, Roseville, Marin County and Silicon Valley. The Bank’s legacy of financial leadership and community support is grounded in its core values of commitment, respect, integrity, and teamwork. Exchange Bank is known for its people who care about their customers, their company, and the communities where they live and work. Exchange Bank is a 19-year winner of the North Bay Business Journal’s Best Places to Work survey and a 13-time winner of the Best Bank of Sonoma County by the Press Democrat’s Readers’ Choice 2024 awards. Exchange Bank was named Best Consumer Bank by the NorthBay biz Magazine’s Best of the North Bay readers’ poll and Best Local Bank by The Petaluma Argus Courier People’s Choice Awards 2024. Exchange Bank is also a winner of the 2024 San Francisco Business Times Corporate Philanthropy award, and the Bohemian Magazine’s Best of the North Bay 2024 named Exchange Bank Best Business Bank and Best Consumer Bank. www.exchangebank.com

Member FDIC — Equal Housing Lender — Equal Opportunity Employer

Charlotte Radmilovic

SVP, Chief Financial Officer

Exchange Bank

(707) 521-3751

Source: Exchange Bank

FAQ

What is Exchange Bank's dividend amount for Q4 2024?

Exchange Bank declared a quarterly cash dividend of $1.30 per share for Q4 2024.

When will Exchange Bank pay its Q4 2024 dividend?

Exchange Bank will pay its Q4 2024 dividend on December 13, 2024, to shareholders of record as of November 29, 2024.

How much of Exchange Bank's dividend goes to the Doyle Trust?

50.44% of Exchange Bank's dividend, approximately $1.12 million, goes to the Doyle Trust for Doyle Scholarships at Santa Rosa Junior College.

What is the record date for Exchange Bank's Q4 2024 dividend?

The record date for Exchange Bank's Q4 2024 dividend is November 29, 2024.

EXCHANGE BK SANTA ROSA

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186.86M
1.71M
8.54%
Banks - Regional
Financial Services
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United States of America
Santa Rosa