VSB Bancorp Inc. (VSBN) Issues Earnings Results
VSB Bancorp Inc. (OTCMKTS:VSBN) released its quarterly earnings data on Tuesday. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The company had revenue of $3.44 million for the quarter.
Shares of VSB Bancorp (OTCMKTS VSBN) opened at 18.01 on Wednesday. The company has a market capitalization of $32.15 million, a price-to-earnings ratio of 12.06 and a beta of 0.33. The firm’s 50-day moving average is $18.06 and its 200-day moving average is $16.74. VSB Bancorp has a 12-month low of $13.00 and a 12-month high of $18.84.
The firm also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Friday, September 22nd were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.78%. This is a positive change from VSB Bancorp’s previous quarterly dividend of $0.06. The ex-dividend date was Thursday, September 21st. VSB Bancorp’s payout ratio is presently 21.33%.
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About VSB Bancorp
VSB Bancorp, Inc is the holding company for Victory State Bank (the Bank), a commercial bank. The Company owns all of the issued and outstanding stock of the Bank. The Bank is a New York State chartered commercial bank, supervised by the New York State Department of Financial Services (NYSDFS) and the Federal Deposit Insurance Corporation (FDIC).
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