Codorus Valley Bancorp, Inc (NASDAQ:CVLY) announced its quarterly earnings results on Thursday. The financial services provider reported $0.43 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $17.47 million during the quarter. Codorus Valley Bancorp had a return on equity of 8.82% and a net margin of 18.51%.

Codorus Valley Bancorp (CVLY) opened at 28.00 on Friday. The stock has a market capitalization of $236.26 million, a PE ratio of 17.28 and a beta of 0.55. The stock has a 50 day moving average price of $27.49 and a 200 day moving average price of $26.89. Codorus Valley Bancorp has a 12 month low of $19.00 and a 12 month high of $29.56.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, August 8th. Stockholders of record on Tuesday, July 25th will be given a $0.135 dividend. This represents a $0.54 annualized dividend and a dividend yield of 1.93%. The ex-dividend date is Friday, July 21st. Codorus Valley Bancorp’s dividend payout ratio (DPR) is presently 33.69%.

WARNING: “Codorus Valley Bancorp, Inc (NASDAQ:CVLY) Posts Quarterly Earnings Results” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this story on another domain, it was stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this story can be accessed at https://www.americanbankingnews.com/2017/07/21/codorus-valley-bancorp-inc-nasdaqcvly-posts-quarterly-earnings-results.html.

In related news, Director John W. Giambalvo acquired 945 shares of Codorus Valley Bancorp stock in a transaction dated Friday, April 28th. The stock was purchased at an average cost of $29.05 per share, for a total transaction of $27,452.25. Following the purchase, the director now directly owns 1,473 shares of the company’s stock, valued at approximately $42,790.65. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Harry R. Esq Swift sold 3,344 shares of the company’s stock in a transaction on Wednesday, April 26th. The stock was sold at an average price of $29.08, for a total value of $97,243.52. Following the completion of the sale, the director now owns 7,877 shares of the company’s stock, valued at $229,063.16. The disclosure for this sale can be found here. Insiders sold a total of 5,974 shares of company stock valued at $170,798 over the last 90 days. 4.16% of the stock is currently owned by company insiders.

Codorus Valley Bancorp Company Profile

Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.

Earnings History for Codorus Valley Bancorp (NASDAQ:CVLY)

Receive News & Ratings for Codorus Valley Bancorp Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Codorus Valley Bancorp Inc and related companies with MarketBeat.com's FREE daily email newsletter.