Welcome to our dedicated page for North Dallas Bank & Trust Co. (TX) news (Ticker: NODB), a resource for investors and traders seeking the latest updates and insights on North Dallas Bank & Trust Co. (TX) stock.
North Dallas Bank & Trust Co. (NODB) delivers trusted community banking services across Texas, blending personalized financial solutions with modern digital tools. This news hub provides investors and stakeholders with verified updates on the institution's operations, strategic initiatives, and community impact.
Access official press releases covering earnings reports, leadership announcements, product launches, and regulatory filings. Stay informed about NODB's wealth management innovations, local business partnerships, and financial health indicators through curated news articles.
Key updates include quarterly performance summaries, service expansions in Texas markets, and insights into the bank's approach to balancing traditional values with technological advancement. Bookmark this page for real-time notifications about dividend declarations, corporate governance changes, and community reinvestment programs.
All content undergoes strict verification to ensure compliance with financial reporting standards. For comprehensive understanding of NODB's market position and community banking expertise, revisit this resource regularly.
NDBT (North Dallas Bank & Trust Co.) reported a net income of $1,393,780 or $0.54 per share for the three months ending March 31, 2023. This marks a decrease from $2,134,090 or $0.83 per share in the same quarter of 2022, primarily due to increased interest expenses on deposits.
The financial results indicate challenges faced by the bank, including a significant drop in earnings year-over-year. Despite the reported earnings, it is crucial to note that results were prepared internally without independent review, emphasizing that future results may vary.
On March 21, 2023, North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.33 per share. This dividend is payable to shareholders of record by April 3, 2023, with the payment scheduled for April 7, 2023. While the dividends reflect the bank's current financial condition, they do not guarantee future payments. Founded in 1961, NDBT operates five banking centers across Dallas and neighboring areas, focusing on providing authentic banking solutions and wealth management services.
