OTCMKTS:CLDB - Cortland Bancorp Stock Price, Price Target & More

$22.05 -0.24 (-1.08 %)
(As of 04/23/2018 04:00 PM ET)
Previous Close$22.29
Today's Range$22.05 - $22.06
52-Week Range$17.00 - $26.00
Volume500 shs
Average Volume2,082 shs
Market Capitalization$97.23 million
P/E Ratio17.36
Dividend Yield1.97%
Beta0.14

About Cortland Bancorp (OTCMKTS:CLDB)

Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. Its deposit products include demand deposits, savings, money market, time deposit, and checking accounts. The company's loan portfolio comprises commercial loans consisting of commercial, financial loans, real estate construction and development loans, commercial real estate loans, small business lending, and trade financing; and consumer loans, such as residential real estate, home equity, and installment loans. It also provides brokerage and investment services; asset management services; night depository services, automated teller services, safe deposit boxes, and other services; and Internet and mobile banking options. As of January 29, 2018, it operated 13 full-service community banking offices located in the counties of Trumbull, Mahoning, Portage, Ashtabula, and Summit in Northeastern Ohio, as well as 2 financial services centers in Beachwood and Fairlawn, Ohio. The company was founded in 1892 and is headquartered in Cortland, Ohio.

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Industry, Sector and Symbol

Industry Federal savings institutions
Sub-IndustryN/A
SectorFinance
SymbolOTCMKTS:CLDB
CUSIPN/A
Phone330-637-8040

Debt

Debt-to-Equity Ratio0.83%
Current Ratio0.86%
Quick Ratio0.85%

Price-To-Earnings

Trailing P/E Ratio17.36
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$28.65 million
Price / Sales3.39
Cash Flow$1.8718 per share
Price / Cash11.78
Book Value$13.93 per share
Price / Book1.58

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$4.35 million
Net Margins15.18%
Return on Equity9.20%
Return on Assets0.85%

Miscellaneous

Employees159
Outstanding Shares4,410,000

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Cortland Bancorp (OTCMKTS:CLDB) Frequently Asked Questions

What is Cortland Bancorp's stock symbol?

Cortland Bancorp trades on the OTCMKTS under the ticker symbol "CLDB."

How often does Cortland Bancorp pay dividends? What is the dividend yield for Cortland Bancorp?

Cortland Bancorp announced a quarterly dividend on Tuesday, January 23rd. Investors of record on Thursday, February 8th will be paid a dividend of $0.11 per share on Thursday, March 1st. This represents a $0.44 annualized dividend and a yield of 2.00%. The ex-dividend date is Wednesday, February 7th. This is an increase from Cortland Bancorp's previous quarterly dividend of $0.08. View Cortland Bancorp's Dividend History.

How were Cortland Bancorp's earnings last quarter?

Cortland Bancorp Inc (OTCMKTS:CLDB) issued its quarterly earnings results on Monday, January, 29th. The financial services provider reported $0.29 EPS for the quarter. The financial services provider earned $6.25 million during the quarter. Cortland Bancorp had a net margin of 15.18% and a return on equity of 9.20%. View Cortland Bancorp's Earnings History.

When is Cortland Bancorp's next earnings date?

Cortland Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 25th 2018. View Earnings Estimates for Cortland Bancorp.

Who are some of Cortland Bancorp's key competitors?

Who are Cortland Bancorp's key executives?

Cortland Bancorp's management team includes the folowing people:
  • Mr. James M. Gasior, Chief Exec. Officer, Pres & Director (Age 58)
  • Mr. David J. Lucido CPA, CFO, Chief Accounting Officer & SVP (Age 60)
  • Mr. Timothy Carney, COO, Exec. VP, Corp. Sec. & Director (Age 52)
  • Mr. Douglas L. Blay, VP
  • Ms. Lana Muir, Director of Marketing

Has Cortland Bancorp been receiving favorable news coverage?

Headlines about CLDB stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cortland Bancorp earned a daily sentiment score of 0.16 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.96 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

How do I buy shares of Cortland Bancorp?

Shares of CLDB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cortland Bancorp's stock price today?

One share of CLDB stock can currently be purchased for approximately $22.05.

How big of a company is Cortland Bancorp?

Cortland Bancorp has a market capitalization of $97.23 million and generates $28.65 million in revenue each year. Cortland Bancorp employs 159 workers across the globe.

How can I contact Cortland Bancorp?

Cortland Bancorp's mailing address is 194 WEST MAIN STREET, CORTLAND OH, 44410. The financial services provider can be reached via phone at 330-637-8040 or via email at [email protected]


MarketBeat Community Rating for Cortland Bancorp (CLDB)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  26 (Vote Outperform)
Underperform Votes:  26 (Vote Underperform)
Total Votes:  52
MarketBeat's community ratings are surveys of what our community members think about Cortland Bancorp and other stocks. Vote "Outperform" if you believe CLDB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLDB will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Cortland Bancorp (OTCMKTS:CLDB) Analyst Ratings History

DateBrokerageActionRatingPrice TargetDetails
(Data available from 4/23/2016 forward)

Earnings

Cortland Bancorp (OTCMKTS:CLDB) Earnings History and Estimates Chart

Earnings by Quarter for Cortland Bancorp (OTCMKTS:CLDB)

Cortland Bancorp (OTCMKTS CLDB) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2018        
1/29/2018Q4 2017$0.29$6.25 millionViewN/AView Earnings Details
10/31/2017Q3 2017$0.49$7.26 millionViewN/AView Earnings Details
7/27/2017Q2 2017$0.26$6.13 millionViewN/AView Earnings Details
4/26/2017Q1 2017$0.23$5.83 millionViewN/AView Earnings Details
1/25/2017Q4 2016$0.26$5.90 millionViewN/AView Earnings Details
10/25/2016Q3 2016$0.27$5.95 millionViewN/AView Earnings Details
7/26/2016Q2 2016$0.27$6.18 millionViewN/AView Earnings Details
4/26/2016Q1 2016$0.31$5.78 millionViewN/AView Earnings Details
1/27/2016Q4 2015$0.24$5.62 millionViewN/AView Earnings Details
10/27/2015Q3 2015$0.27$5.65 millionViewN/AView Earnings Details
7/24/2015Q2 2015$0.21$5.47 millionViewN/AView Earnings Details
4/29/2015Q1 2015$0.25$5.62 millionViewN/AView Earnings Details
2/2/2015Q4 2014$0.12$5.43 millionViewN/AView Earnings Details
11/3/2014Q3 2014$0.21$5.15 millionViewN/AView Earnings Details
7/28/2014Q2 2014$0.23$5.20 millionViewN/AView Earnings Details
4/30/2014Q1 2014$0.29$5.33 millionViewN/AView Earnings Details
1/31/2014Q4($0.11)$5.19 millionViewN/AView Earnings Details
11/13/2013Q3 2013$0.14$5.39 millionViewN/AView Earnings Details
8/13/2013Q2 2013$0.18$5.50 millionViewN/AView Earnings Details
5/15/2013Q1 2013$0.18$5.44 millionViewN/AView Earnings Details
3/29/2013Q4 2012($0.11)ViewN/AView Earnings Details
11/13/2012Q3 2012$0.28ViewN/AView Earnings Details
8/13/2012Q2 2012$0.21ViewN/AView Earnings Details
5/14/2012Q1 2012$0.26ViewN/AView Earnings Details
3/29/2012Q4 2011$0.18ViewN/AView Earnings Details
11/14/2011Q3 2011$0.24ViewN/AView Earnings Details
8/15/2011Q2 2011$0.29ViewN/AView Earnings Details
5/16/2011Q1 2011$0.19ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Cortland Bancorp (OTCMKTS:CLDB) Dividend Information

Cortland Bancorp pays an annual dividend of $0.44 per share, with a dividend yield of 2.00%. CLDB's most recent quarterly dividend payment was Thursday, March 1.
Most Recent Dividend:3/1/2018
Annual Dividend:$0.44
Dividend Yield:2.00%
Payout Ratio:N/A
Dividend Payments by Quarter for Cortland Bancorp (OTCMKTS:CLDB)

Cortland Bancorp (OTCMKTS:CLDB) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/23/2018Quarterly$0.111.9%2/7/20182/8/20183/1/2018
10/31/2017Quarterly$0.0811/10/201711/13/201712/1/2017
7/25/2017Quarterly$0.088/8/20178/10/20179/1/2017
(Data available from 1/1/2013 forward)

Insider Trades

Cortland Bancorp (OTCMKTS CLDB) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 9.53%
Institutional Ownership Percentage: 0.78%
Insider Trading History for Cortland Bancorp (OTCMKTS:CLDB)

Cortland Bancorp (OTCMKTS CLDB) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
4/5/2018Joseph P LanghenryDirectorBuy35$22.95$803.25View SEC Filing  
1/2/2018Timothy K WoofterDirectorBuy71$21.00$1,491.00View SEC Filing  
12/19/2017Timothy CarneyCOOBuy2,173$20.25$44,003.25View SEC Filing  
11/27/2017J Martin ErbaughDirectorBuy500$19.20$9,600.00View SEC Filing  
11/22/2017J Martin ErbaughDirectorBuy2,650$19.16$50,774.00View SEC Filing  
11/16/2017Stanley P FeretSVPBuy700$18.95$13,265.00View SEC Filing  
10/2/2017David C ColeDirectorBuy44$18.31$805.64View SEC Filing  
8/1/2017Anthony R VrossDirectorBuy56$17.90$1,002.406,159View SEC Filing  
7/3/2017Joseph E KochDirectorBuy44$18.00$792.0011,334View SEC Filing  
4/3/2017James E Hoffman IIIDirectorBuy86$18.65$1,603.907,976View SEC Filing  
3/9/2017Thomas P PerciakDirectorBuy3,235$18.38$59,459.309,995View SEC Filing  
3/8/2017David J LucidoCFOBuy120$18.48$2,217.601,593View SEC Filing  
2/3/2017Anthony R VrossDirectorBuy55$18.23$1,002.655,623View SEC Filing  
1/6/2017Joseph P LanghenryDirectorBuy45$17.90$805.509,473View SEC Filing  
12/2/2016Anthony R. VrossDirectorBuy57$17.60$1,003.20View SEC Filing  
12/1/2016J Martin ErbaughDirectorBuy2,000$17.00$34,000.005,177View SEC Filing  
11/2/2016Anthony R VrossDirectorBuy64$15.69$1,004.165,441View SEC Filing  
10/6/2016Neil J KabackDirectorBuy49$16.25$796.255,224View SEC Filing  
9/13/2016Neil J KabackDirectorBuy50$15.95$797.505,175View SEC Filing  
8/4/2016J Martin ErbaughDirectorBuy420$15.60$6,552.005,177View SEC Filing  
8/3/2016David C ColeDirectorBuy53$15.20$805.603,593View SEC Filing  
7/6/2016David C ColeDirectorBuy52$15.40$800.803,540View SEC Filing  
6/16/2016J Martin ErbaughDirectorBuy3,000$15.75$47,250.005,177View SEC Filing  
6/3/2016David C ColeDirectorBuy49$16.20$793.803,488View SEC Filing  
5/25/2016David C ColeDirectorBuy51$15.75$803.253,424View SEC Filing  
4/6/2016David C ColeDirectorBuy52$15.40$800.803,196View SEC Filing  
3/4/2016David C ColeDirectorBuy50$15.95$797.503,144View SEC Filing  
2/18/2016Thomas P PerciakDirectorBuy1,000$16.50$16,500.006,814View SEC Filing  
2/10/2016Thomas P PerciakDirectorBuy5,814$16.65$96,803.105,814View SEC Filing  
2/3/2016David C. ColeDirectorBuy48$16.50$792.00View SEC Filing  
1/5/2016David C ColeDirectorBuy50$15.90$795.003,032View SEC Filing  
3/19/2015Richard B ThompsonDirectorBuy16,875$15.70$264,937.50View SEC Filing  
2/27/2015Joseph P LanghenryDirectorBuy10,000$15.71$157,100.00View SEC Filing  
6/7/2013Neil J KabackDirectorBuy1,000$10.30$10,300.00View SEC Filing  
12/18/2012Jerry A CarletonDirectorBuy1,058$10.00$10,580.00View SEC Filing  
9/17/2012Timothy CarneyCOOBuy5,208$9.60$49,996.80View SEC Filing  
9/12/2012Neil J KabackDirectorBuy1,000$10.24$10,240.00View SEC Filing  
8/23/2012David J LucidoCFOBuy2,451$10.20$25,000.20View SEC Filing  
8/6/2012Richard B ThompsonDirectorBuy2,000$10.20$20,400.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Cortland Bancorp (OTCMKTS CLDB) News Headlines

Source:
DateHeadline
Cortland Bancorp Earns $4.4 Million for Full Year 2017, Following DTA Adjustment; Raises Quarterly Cash Dividend 38% to $0.11 per ShareCortland Bancorp Earns $4.4 Million for Full Year 2017, Following DTA Adjustment; Raises Quarterly Cash Dividend 38% to $0.11 per Share
finance.yahoo.com - February 14 at 2:39 PM
Cortland Bancorp Raises Quarterly Cash Dividend 38% to $0.11 Per Share; Authorizes Share Repurchase ProgramCortland Bancorp Raises Quarterly Cash Dividend 38% to $0.11 Per Share; Authorizes Share Repurchase Program
finance.yahoo.com - February 14 at 2:39 PM
Cortland Bancorp Inc (CLDB) to Issue Quarterly Dividend of $0.11Cortland Bancorp Inc (CLDB) to Issue Quarterly Dividend of $0.11
www.americanbankingnews.com - February 2 at 10:46 AM
Cortland Bancorp Inc (CLDB) COO Buys $44,003.25 in StockCortland Bancorp Inc (CLDB) COO Buys $44,003.25 in Stock
www.americanbankingnews.com - December 22 at 3:10 PM
Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q3, 2017 By the Numbers : December 19, 2017Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q3, 2017 By the Numbers : December 19, 2017
finance.yahoo.com - December 19 at 6:23 PM
Insider Buying: Cortland Bancorp (CLDB) Director Buys 2,650 Shares of StockInsider Buying: Cortland Bancorp (CLDB) Director Buys 2,650 Shares of Stock
www.americanbankingnews.com - November 22 at 8:45 PM
Insider Buying: Cortland Bancorp (CLDB) SVP Buys 700 Shares of StockInsider Buying: Cortland Bancorp (CLDB) SVP Buys 700 Shares of Stock
www.americanbankingnews.com - November 20 at 4:42 PM
Cortland Bancorp, Inc. (Ohio) : Overvalued relative to peers, but may deserve another lookCortland Bancorp, Inc. (Ohio) : Overvalued relative to peers, but may deserve another look
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : November 10th, 2016 (record date) : By the numbers : January 10, 2017Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : November 10th, 2016 (record date) : By the numbers : January 10, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q4, 2016 By the Numbers : February 1, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : May 10th, 2017 (record date) : By the numbers : May 9, 2017Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : May 10th, 2017 (record date) : By the numbers : May 9, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 9, 2017Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q1, 2017 By the Numbers : June 9, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : August 10th, 2017 (record date) : By the numbers : September 12, 2017Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : August 10th, 2017 (record date) : By the numbers : September 12, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017Cortland Bancorp, Inc. (Ohio) :CLDB-US: Earnings Analysis: Q2, 2017 By the Numbers : September 28, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp Earns $2.1 Million, or $0.49 Per Share, for 3Q17; Declares Regular Quarterly Dividend of $0.08 per ShareCortland Bancorp Earns $2.1 Million, or $0.49 Per Share, for 3Q17; Declares Regular Quarterly Dividend of $0.08 per Share
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp Declares Quarterly Cash Dividend of $0.08 Per ShareCortland Bancorp Declares Quarterly Cash Dividend of $0.08 Per Share
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : November 13th, 2017 (record date) : By the numbers : November 14, 2017Cortland Bancorp, Inc. (Ohio) : CLDB-US: Dividend Analysis : November 13th, 2017 (record date) : By the numbers : November 14, 2017
finance.yahoo.com - November 17 at 11:09 AM
Cortland Bancorp (CLDB) Announces  Earnings ResultsCortland Bancorp (CLDB) Announces Earnings Results
www.americanbankingnews.com - November 1 at 2:26 PM
Cortland Bancorp (CLDB) Plans $0.08 Quarterly DividendCortland Bancorp (CLDB) Plans $0.08 Quarterly Dividend
www.americanbankingnews.com - November 1 at 10:32 AM
Cortland Bancorp (CLDB) Set to Announce Earnings on MondayCortland Bancorp (CLDB) Set to Announce Earnings on Monday
www.americanbankingnews.com - October 16 at 5:02 AM
Cortland Bancorp (CLDB) Issues  Earnings ResultsCortland Bancorp (CLDB) Issues Earnings Results
www.americanbankingnews.com - July 28 at 2:53 PM
Cortland Bancorp (CLDB) to Issue Quarterly Dividend of $0.08Cortland Bancorp (CLDB) to Issue Quarterly Dividend of $0.08
www.americanbankingnews.com - July 26 at 12:24 PM
Cortland Bancorp (CLDB) Scheduled to Post Quarterly Earnings on MondayCortland Bancorp (CLDB) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - July 22 at 10:22 AM
CORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, OthCORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure, Oth
biz.yahoo.com - January 27 at 5:01 PM
CORTLAND BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and ExhibitsCORTLAND BANCORP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
biz.yahoo.com - December 29 at 1:50 PM
CORTLAND BANCORP INC Files SEC form 10-Q, Quarterly ReportCORTLAND BANCORP INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 12 at 3:35 PM
CORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial StateCORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Other Events, Financial State
biz.yahoo.com - October 27 at 4:02 PM
CORTLAND BANCORP INC Files SEC form 8-K, Other EventsCORTLAND BANCORP INC Files SEC form 8-K, Other Events
biz.yahoo.com - July 28 at 4:01 PM
CORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial ConditionCORTLAND BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition
biz.yahoo.com - July 24 at 4:01 PM

SEC Filings

Cortland Bancorp (OTCMKTS:CLDB) SEC Filings

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Social Media

Financials

Cortland Bancorp (OTCMKTS:CLDB) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Cortland Bancorp (OTCMKTS CLDB) Stock Chart for Monday, April, 23, 2018

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This page was last updated on 4/23/2018 by MarketBeat.com Staff

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