Welcome to our dedicated page for Muncy Bank Financial news (Ticker: MYBF), a resource for investors and traders seeking the latest updates and insights on Muncy Bank Financial stock.
Muncy Bank Financial, Inc. (MYBF) serves as a cornerstone of community banking with comprehensive financial solutions. This news hub provides investors and stakeholders with timely updates about the institution's strategic initiatives and market position.
Access verified information on MYBF's financial performance, including quarterly earnings and capital management strategies. Track developments in digital banking enhancements and customer service innovations that maintain the bank's competitive edge.
Our curated news collection features essential updates across key areas: regulatory filings, leadership announcements, product launches, and community reinvestment programs. Monitor progress on infrastructure upgrades like the mobile banking platform overhaul and sustainable lending practices.
Bookmark this page for direct access to Muncy Bank Financial's latest press releases and analyst commentaries. Regular updates ensure informed decision-making about this stable regional banking institution's trajectory.
CCFNB Bancorp and Muncy Bank Financial have signed a definitive merger agreement, creating a combined entity with approximately $1.6 billion in total assets and $1.2 billion in total deposits. The merger is valued at $65.6 million, with Muncy shareholders receiving 0.9259 shares of CCFNB for each Muncy share owned. The transaction aims to enhance market competitiveness in Central Pennsylvania without any mandatory layoffs or branch closures. The merger is expected to complete in Q4 2023, pending shareholder and regulatory approvals. Upon completion, the new bank will be named Muncy Columbia Bank. CCFNB's CEO, Lance O. Diehl, will lead the pro forma entity, which anticipates operational efficiencies and increased shareholder value.
Muncy Bank Financial has declared a first quarter 2023 cash dividend of $0.39 per share, up from $0.38 in 2022. This marks the 350th consecutive dividend payout since 1935, showcasing the bank's commitment to returning value to its shareholders. The dividend is payable on March 15, 2023, to shareholders of record as of March 3, 2023. Muncy Bank Financial has consistently increased its dividends since 1990, which reflects a strong financial performance and confidence in future earnings.
Muncy Bank Financial, Inc. (OTC-PINK:MYBF) reported its unaudited consolidated financial results for the year ended December 31, 2022. Key highlights include a 6% increase in total assets to $632.6 million and a 9% increase in net loans to $480.8 million. Cash dividends rose to $1.54/share, a 5.5% increase from 2021. However, net income declined to $6.3 million or $3.90/share, down from $7.6 million or $4.75/share in the previous year. The loan delinquency ratio worsened to 0.67% from 0.46%. The bank continues to maintain a strong asset base and has paid dividends for 349 consecutive quarters.
Muncy Bank Financial, Inc. (MYBF) has declared a fourth quarter 2022 cash dividend of $0.39 per share, up from $0.37 in the same period of 2021. This marks the 349th consecutive dividend payout since 1935, with a consistent increase in dividends since 1990. The dividend is payable on December 15, 2022, to shareholders of record as of December 5, 2022.
Muncy Bank Financial, Inc. (OTCQB:MYBF) reported its unaudited financial results for the nine months ended
- Net income decreased to
$4.83 million from$6.03 million year-over-year. - Cash dividends rose to
$1.15 per share, a 6% increase. - Total assets rose 1% to
$612.57 million . - Net loans increased 10% to
$465.20 million .
Overall, the bank maintains a solid financial position despite reduced net income.
Muncy Bank Financial, Inc. (OTCQB:MYBF) has declared a third quarter 2022 cash dividend of
Muncy Bank Financial, Inc. (MYBF) announced its financial results for the six months ending June 30, 2022. Key highlights include a 6% increase in cash dividends to $0.76 per share and 8% growth in total assets, reaching $606.56 million. Total deposits rose by 10% to $549.42 million, while net loans increased by 9% to $454.56 million. However, net income decreased to $3.35 million ($2.08 per share) from $4.25 million ($2.64 per share) year-over-year. The bank maintains a stable delinquency ratio of 0.36% and has paid consecutive dividends since 1935.
Muncy Bank Financial, Inc. (OTCQB:MYBF) achieved recognition as one of American Banker’s Top 200 Publicly Traded Community Banks in the U.S. for the second consecutive year, ranking #103, up from #129 last year. This accolade is based on Return on Average Equity (ROAE) over a three-year period, highlighting the bank's consistent performance over the past thirteen years. Chairman and CEO Robert J. Glunk emphasized the team’s continued commitment to their mission despite recent challenges, indicating a positive outlook for future growth.
Muncy Bank Financial, Inc. (MYBF) announced a cash dividend of $0.38 per share for Q2 2022, up from $0.36 in Q2 2021. This marks the 347th consecutive dividend payout since 1935, reflecting the company's commitment to shareholder returns. The dividend is scheduled for payment on June 15, 2022, to shareholders of record by June 3, 2022. Muncy Bank has a history of increasing its dividends since 1990, indicating a consistent performance and confidence in future earnings.
Muncy Bank Financial, Inc. (OTCQB:MYBF) reported strong financial results for Q1 2022, with a 10% increase in total assets to $617.7 million and a 15% rise in total deposits to $556.1 million. Net income was $1.73 million or $1.08 per share, down from $1.91 million or $1.19 per share in Q1 2021. The bank maintained a healthy loan delinquency ratio of 0.53%, improving from 0.73% a year earlier. The cash dividend increased to $0.38 per share, marking a 6% rise, representing the 346th consecutive payout since 1935.
