Welcome to our dedicated page for California First Leasing news (Ticker: CFNB), a resource for investors and traders seeking the latest updates and insights on California First Leasing stock.
California First Leasing Corporation (CFNB), a subsidiary of California First National Bancorp, provides essential updates for stakeholders through this dedicated news hub. As an FDIC-insured institution with over $780 million in assets, the company focuses on capital asset management and high-efficiency banking services while prioritizing shareholder value.
This resource offers investors and financial professionals timely access to official announcements including financial results, strategic initiatives, and regulatory updates. Recent developments feature the company’s tender offer to repurchase 200,000 common shares, reflecting its commitment to enhancing shareholder returns through disciplined capital management.
Key content areas include updates on leasing operations, banking service innovations, and income-generating investment strategies. Visitors will find verified information about CFNB’s market position, customer service approach, and financial health indicators without promotional bias.
Bookmark this page for direct access to California First Leasing’s latest verified updates. Check back regularly for insights into how the company maintains its focus on competitive financial solutions while balancing growth objectives with shareholder interests.
California First Leasing Corporation (OTCQX: CFNB) has announced the preliminary results of its tender offer to purchase up to 330,000 shares of its common stock at $18.50 per share. The tender offer, which expired on June 24, 2025, was oversubscribed with 669,285 shares properly tendered.
The company will purchase the shares on a pro rata basis with a preliminary proration factor of approximately 49.3%, except for odd lots which were accepted in full. The total cost of the purchase will be approximately $6.1 million, excluding fees and expenses. The accepted shares represent about 3.5% of CFNB's outstanding common stock.