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BANCORP 34 INC - $BCTF STOCK NEWS

Welcome to our dedicated page for BANCORP 34 news (Ticker: $BCTF), a resource for investors and traders seeking the latest updates and insights on BANCORP 34 stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BANCORP 34's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of BANCORP 34's position in the market.

Rhea-AI Summary
Bancorp 34, Inc. announces CEO resignation and new appointment, highlighting growth and merger achievements.
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End-of-Day
8.07%
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management
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Bancorp 34, Inc. completes a merger with CBOA Financial, Inc., creating a $1 billion in assets commercial bank serving Arizona and southern New Mexico / El Paso, Texas markets. The merger combines Commerce Bank of Arizona with Bank 34, resulting in total assets of approximately $1 billion, gross loans of $782 million, and total deposits of $819 million as of December 31, 2023.
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End-of-Day
-2.23%
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Rhea-AI Summary
Bancorp 34, Inc. reports a net loss in the fourth quarter of 2023 but shows an increase in total assets. The merger with CBOA Financial, Inc. impacted operating results due to higher expenses and funding costs. The Company anticipates rebranding as Southwest Heritage Bank after the merger.
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Rhea-AI Summary
Bancorp 34, Inc. and CBOA Financial, Inc. announced the rebranding of their combined bank to Southwest Heritage Bank post-merger, reflecting a commitment to the region's heritage and future. The CEOs emphasized continuity of service and customer focus.
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Rhea-AI Summary
Bancorp 34, Inc. (BCTF) Reports Revised Third Quarter 2023 Performance with a Net Loss of $2,275,000 and Amended Merger Agreement with CBOA Financial, Inc.
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Rhea-AI Summary
Bancorp 34, Inc. (BCTF) reports Q3 2023 performance, with net income of $3,000 and diluted EPS of $0.00, down from $1.0 million and $0.42 in Q3 2022. Total assets increased to $583.1 million from $574.3 million. Merger expenses and higher funding costs impacting profitability. Regulatory approval received for merger with CBOA Financial, Inc.
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-3.15%
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none
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-5.5%
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dividends
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1.29%
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buyback
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6.01%
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BANCORP 34 INC

OTC:BCTF

BCTF Rankings

BCTF Stock Data

69.83M
614.75k
16%
7.72%
Savings Institutions
Finance and Insurance
Link
United States of America
Scottsdale

About BCTF

the rewards and successes of those willing to stand independent are evident. since 1934, we’ve been standing independent and achieving these same successes while working to help our clients to do the same. we’re a local bank dedicated to truly helping you realize your passion of individualism and innovation, and reap the rewards of your creative efforts. our genuine attention to customer care has been shaped by our own lessons learned from what it takes to remain authentic in a world of large banks. we’re proud to stand independent, and feel privileged to help you do the same.