Codorus Valley Bancorp, Inc (CVLY) Issues Quarterly Earnings Results
Codorus Valley Bancorp, Inc (NASDAQ:CVLY) announced its quarterly earnings results on Thursday. The financial services provider reported $0.38 EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $18.10 million for the quarter. Codorus Valley Bancorp had a net margin of 18.78% and a return on equity of 9.12%.
Shares of Codorus Valley Bancorp (NASDAQ:CVLY) traded up 0.26% during trading on Friday, reaching $34.14. 3,344 shares of the company’s stock traded hands. Codorus Valley Bancorp has a 1-year low of $19.99 and a 1-year high of $34.75. The stock has a market capitalization of $288.59 million, a PE ratio of 20.20 and a beta of 0.64. The company has a 50 day moving average price of $29.34 and a 200 day moving average price of $27.64.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, November 14th. Shareholders of record on Tuesday, October 24th will be paid a $0.135 dividend. The ex-dividend date is Monday, October 23rd. This represents a $0.54 annualized dividend and a yield of 1.59%. Codorus Valley Bancorp’s dividend payout ratio is currently 32.32%.
In other Codorus Valley Bancorp news, Director Macgregor S. Jones sold 3,971 shares of the company’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $28.09, for a total value of $111,545.39. Following the transaction, the director now directly owns 27,763 shares of the company’s stock, valued at approximately $779,862.67. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Macgregor S. Jones sold 1,450 shares of the company’s stock in a transaction that occurred on Thursday, July 27th. The shares were sold at an average price of $28.01, for a total value of $40,614.50. Following the completion of the transaction, the director now directly owns 28,739 shares in the company, valued at $804,979.39. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,561 shares of company stock worth $155,920. 4.16% of the stock is currently owned by corporate 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.
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.