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Stock impact report

Bank of Botetourt Records Profitable 2023; Board Votes to Increase Common Dividend by 3.9% [Yahoo! Finance]

BANK OF BOTETOURT BUCH VA (BORT) 
Company Research Source: Yahoo! Finance
for the three and twelve months-ended December 31, 2023 . The Bank produced net income amounting to or per basic share in the fourth quarter. This amount compares to a net income of or per share, for the same period last year. For the twelve months-ended December 31, 2023 the Bank produced net income amounting to or per basic share. This amount compares to net income of or per share, for the same period last year. At December 31, 2023 , select financial information and key highlights include: Return on average assets of 1.10% Return on average equity of 11.64% Book value of Total deposit growth of 7.10% Total asset growth of 10.55% Total loan growth of 22.87% Community Bank Leverage Ratio of 10.36% As a result of the solid financial performance, the Board of Directors voted to pay the 7.00% preferred dividend, which calculates to per share on February 9, 2024 to preferred shareholders of record February 2, 2024 . The Board voted to increase the quarterly common divid Show less Read more
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