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Commonwealth Business Bank Q3 2024 Earnings Results & Report

Commonwealth Business Bank logo
$13.77 -0.23 (-1.64%)
As of 01:26 PM Eastern

Commonwealth Business Bank reported Q3 2024 earnings on October 25, 2024. The company reported EPS of $0.53, while revenue was $17.69 million.

Earnings Announcement Details

Quarter
Q3 2024
Report Date

Commonwealth Business Bank EPS Results

Actual EPS
$0.53
Consensus EPS
N/A
Beat/Miss
N/A
One Year Ago EPS
N/A

Commonwealth Business Bank Revenue Results

Actual Revenue
$17.69 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Conference Call Resources

Commonwealth Business Bank Q3 2024 Earnings FAQ

Commonwealth Business Bank (OTCMKTS:CBBI) reported earnings of $0.53 per share for Q3 2024. The report was announced on Friday, October 25, 2024.

Commonwealth Business Bank reported revenue of $17.69 million for Q3 2024.

Commonwealth Business Bank Earnings Headlines

Trump goes "all-in" on Grand Canyon energy breakthrough
A drilling crew near the Grand Canyon uncovered a clean energy well producing nearly eight times the output of Saudi Arabia's largest oil field, with potential to last two million years. While the One Big Beautiful Bill Act eliminated federal credits for solar, wind, and EVs, this energy source was reclassified alongside oil and nuclear power and given eight years of tax credits. Google signed a 15-year contract, and Bill Gates committed $100 million. One company controls the entire supply chain behind this discovery.tc pixel
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About Commonwealth Business Bank

Commonwealth Business Bank (OTCMKTS:CBBI) is a community-focused commercial bank that provides banking services to small and mid-sized businesses, professionals and individual customers. Its offerings include business and personal checking and savings accounts, commercial and real estate lending, lines of credit, residential mortgage loans and other traditional deposit and lending products.

The bank has historically emphasized relationship-based banking and service to business owners and local communities, including Korean American and other multicultural business communities. Its activities have been centered primarily in California, with a presence in selected markets outside the state reported at various points in its history.

Commonwealth Business Bank was established in 2001 and has operated as a locally oriented financial institution rather than a nationwide bank. Information about its current corporate leadership and operating structure is limited in the available public record.

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