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BANK OF BOTETOURT BUCH VA - BORT STOCK NEWS

Welcome to our dedicated news page for BANK OF BOTETOURT BUCH VA (Ticker: BORT), a resource for investors and traders seeking the latest updates and insights on BANK OF BOTETOURT BUCH VA.

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 BANK OF BOTETOURT BUCH VA'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 BANK OF BOTETOURT BUCH VA's position in the market.

News
Bank of Botetourt posts profitable first quarter financial results
Rhea-AI Summary
Bank of Botetourt reported a profitable first quarter with net income of $1,828,000, showing a decrease from the previous year. Key highlights include a return on average assets of 0.92%, return on average equity of 9.69%, and total deposit growth of 1.42%. The Board of Directors approved a 7.00% preferred dividend and a $0.20 per share quarterly dividend. CEO G. Lyn Hayth, III emphasized the importance of sustainable growth and delivering shareholder value.
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Bank of Botetourt Appoints Hostetter to Board of Directors
Rhea-AI Summary
Bank of Botetourt appoints A. Randy Hostetter, bringing 30 years of experience to the Board of Directors.
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-0.39%
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Bank of Botetourt Records Profitable 2023; Board Votes to Increase Common Dividend by 3.9%
Rhea-AI Summary
Bank of Botetourt (OTCPK: BORT and BORTP) released its unaudited financial results for the three and twelve months-ended December 31, 2023. The bank produced net income of $1,800,000 or $0.86 per basic share in the fourth quarter, compared to $2,191,000 or $1.13 per share for the same period last year. The twelve-month net income was $8,173,000 or $3.95 per basic share, compared to $7,805,000 or $4.04 per share for the same period last year. Key highlights include a 10.55% total asset growth, a 22.87% total loan growth, and a 7.10% total deposit growth. The Board of Directors voted to pay the 7.00% preferred dividend and increased the quarterly common dividend from $0.1925 to $0.20 per share.
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1.74%
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Bank of Botetourt posts profitable third quarter financial results
Rhea-AI Summary
Bank of Botetourt announces unaudited financial results for Q3 2023, with net income of $2.08M. Total deposit growth of 0.91% and total asset growth of 3.69%. CEO states strong financial performance despite challenges.
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Bank of Botetourt posts profitable second quarter financial results
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2.56%
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Bank of Botetourt posts strong first quarter financial results
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Bank of Botetourt Files Application for New Office in the Town of Rocky Mount
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Bank of Botetourt Names Austin its 7th President and Appoints to Board of Directors; Names CEO Hayth as Vice Chair of the Board of Directors
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FINRA Approves Bank of Botetourt';s Preferred Stock Ticker Symbol BORTP
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Bank of Botetourt Announces Final Results of Rights Offering
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BANK OF BOTETOURT BUCH VA

OTC:BORT

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BORT Stock Data

55.59M
1.76M
7.92%
Commercial Banking
Finance and Insurance
Link
United States of America
Buchanan

About BORT

at bank of botetourt "taking care of you" is more than a slogan, it's our promise to the community. for over 100 years, bank of botetourt has been committed to reaching out within our local communities to do all we can to further the area's overall economic development. as a community partner, we make charitable contributions for education, culture and the arts, social service agencies, charitable activities, community and economic development, and other programs that impact the needs of our communities. by bridging the needs of our local communities with the resources of bank of botetourt, we help to improve the quality of life for residents in our service areas. we realize that we can only be as successful as the communities we serve!