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Stock Market & Financial Investment News

News Breaks
April 5, 2011
07:16 EDTBCBPBCB Bancorp, Allegiance Community Bank to merge
BCB Bancorp and Allegiance Community Bank announced the signing of a definitive merger agreement. Under the terms of the agreement ACB will merge with and into BCBPs subsidiary BCB Community Bank. ACB stockholders will receive 0.35 shares of BCBP for each share of ACB. The Board of Directors of BCBP and its subsidiary BCB Community Bank will be expanded by two seats for representation from ACB. Members of the ACB management team are expected to join BCBP. The merger will add approximately $120M in assets to BCBPs $1.1B asset base and will add two branch locations to BCBPs branch network. Management expects the merger to be accretive to BCBPs 2012 earnings per share.
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April 23, 2014
08:39 EDTBCBPBCB Bancorp increases dividend by 16.7% to 14c
The company said, "The board unanimously declared a quarterly cash dividend of 14c per common share payable on Monday, May 19, with a record date of May 7, an increase of 2c per common share or 16.7% as compared to our prior quarters amount. The increase of our quarterly cash dividend is a testament to the prospective confidence our board has in our ability to deliver value and a competitive return to our shareholders while maintaining our standing as a well capitalized financial institution predicated upon all quantitative measurements promulgated by our regulatory agencies. We remain diligent in our exploration of corporate initiatives that we believe provide the opportunity for growth in both franchise and shareholder value.
08:37 EDTBCBPBCB Bancorp reports Q1 EPS 24c vs. 27c last year
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