Jeffersonville Bancorp (OTCMKTS:JFBC) Stock Price Down 2.1% - Here's Why

Key Points

• Jeffersonville Bancorp's stock price fell by 2.1% to $22.02, with approximately 955 shares traded during the decline.
• The company recently announced a dividend increase to $0.25 per share, up from $0.15, representing a yield of 461.0%.
• For the last quarter, Jeffersonville Bancorp reported an EPS of $0.78 and revenues of $8.27 million, reflecting a net margin of 34.98% and a return on equity of 12.72%.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report)'s stock price was down 2.1% during trading on Monday . The company traded as low as $22.02 and last traded at $22.02. Approximately 955 shares changed hands during mid-day trading, a decline of 2% from the average daily volume of 976 shares. The stock had previously closed at $22.50.

Jeffersonville Bancorp Price Performance

The stock has a market cap of $93.14 million, a price-to-earnings ratio of 7.92 and a beta of 0.21. The stock's 50-day moving average is $21.71 and its 200 day moving average is $20.77.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report) last released its quarterly earnings data on Tuesday, August 12th. The bank reported $0.78 EPS for the quarter. The firm had revenue of $8.27 million for the quarter. Jeffersonville Bancorp had a net margin of 34.98% and a return on equity of 12.72%.

Jeffersonville Bancorp Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 3rd. Investors of record on Friday, September 26th were issued a dividend of $0.25 per share. This is an increase from Jeffersonville Bancorp's previous dividend of $0.15. This represents a yield of 461.0%. The ex-dividend date of this dividend was Thursday, September 25th. Jeffersonville Bancorp's payout ratio is presently 21.58%.

About Jeffersonville Bancorp

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The company offers various deposit products, such as checking, money market, savings, and NOW, as well as demand and time deposits.

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