Exchange Bank Declares Third Quarter Cash Dividend
On August 17, 2021, Exchange Bank declared a quarterly cash dividend of $1.20 per share, payable on September 17, 2021, to shareholders of record as of September 3, 2021. This dividend remains unchanged from the prior quarter. Notably, 50.44% of the bank's cash dividend funds the Doyle Scholarships at the Santa Rosa Junior College. Exchange Bank, founded in 1890, has assets totaling $3.1 billion and has earned multiple awards for its service quality and community support.
- Quarterly cash dividend of $1.20 per share indicates stable income for shareholders.
- Ongoing support of Doyle Scholarships reflects community engagement.
- Recognition as Best Bank in Sonoma County enhances company reputation.
- None.
On August 17, 2021, the Exchange Bank Board of Directors declared a quarterly cash dividend of
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 premier community bank with assets of
Exchange Bank is a 15-time winner of the North Bay Business Journal’s (NBBJ) Best Places to Work survey, a recipient of the 2020 North Bay Community Philanthropy Award and the 2020 Healthiest Companies in the North Bay Award. The Press Democrat Best of Sonoma County Reader’s Choice 2021 named Exchange Bank Best Bank and the NorthBay biz magazine named Exchange Bank the 2020 Best Consumer Bank and Best Business Bank. The Sonoma Valley People’s Choice awards named Exchange Bank the Best Local Bank 2021 and the North Bay Bohemian’s Best of 2020 Readers Poll named Exchange Bank the Best Business Bank and Best Consumer Bank. Exchange Bank can also be found in the NBBJ’s Book of Lists as a leading lender and wealth management advisor—retaining the #1 position in SBA 7(a) lending in Sonoma County for 2020. www.exchangebank.com.
Member FDIC — Equal Housing Lender — Equal Opportunity Employer
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FAQ
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