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Stock impact report

Oak Ridge Financial Services, Inc. Announces Fourth Quarter and Annual Results for 2018 and Initial Quarterly Cash Dividend of $0.05 Per Share

OAK RIDGE FINCL SVCS INC (BKOR) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/4160431
Company Research Source: GlobeNewswire
OAK RIDGE, N.C., Feb. 04, 2019 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (the “Company”) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the “Bank”), announced unaudited financial results for the fourth quarter and full year ending December 31, 2018 and an initial quarterly cash dividend of $0.05 per share. 2018 Highlights Earnings per share of $1.52 for 2018, up 41 cents, or 37%, from 2017; earnings per share of $0.44 for the three months ended December 31, 2018, up 18 cents, or 69%, from 2017Return on average common stockholders’ equity of 12.26% for 2018, compared to 9.19% for 2017; return on average common stockholders’ equity of 13.57% for the three months ended December 31, 2018, compared to 8.88% for the same period in 2017Period end book value per common share of $13.24, up $1.27, or 11%, from December 31, 2017Period end loans of $371.9 million, up 9.4% from December 31, 2017Period end deposits of $382.3 million, up 5.7% from December 31, 2017Period Show less Read more
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