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FNCB Bancorp Inc. - $FNCB STOCK NEWS

Welcome to our dedicated page for FNCB Bancorp news (Ticker: $FNCB), a resource for investors and traders seeking the latest updates and insights on FNCB Bancorp 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 FNCB Bancorp'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 FNCB Bancorp's position in the market.

Rhea-AI Summary

FNCB Bancorp, Inc. reported a net income of $3.5 million for Q1 2024, a 32.6% increase from Q1 2023. The annualized return on average assets and equity also improved. The company declared dividends of $0.09 per share for both Q1 2024 and 2023. FNCB is set to merge with PFIS, pending regulatory approval.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
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Rhea-AI Summary
FNCB Bancorp, Inc. announced a dividend of $0.090 per share for the second quarter of 2024, with year-to-date dividends totaling $0.18 per share. The dividend is payable on June 17, 2024, to shareholders of record as of June 3, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
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dividends earnings
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Rhea-AI Summary
Peoples Financial Services Corp. (PFIS) and FNCB Bancorp, Inc. shareholders approve merger, with PFIS as the surviving , subject to regulatory approvals and closing conditions.
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Rhea-AI Sentiment
End-of-Day
-1.52%
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Rhea-AI Summary
FNCB Bancorp, Inc. reported a 36.5% reduction in net income for 2023 compared to 2022, primarily due to a decrease in net interest income, non-interest income, and an increase in non-interest expense. The company also announced a strategic combination with Peoples Financial Services Corp. and a reduction in dividends declared and paid. The financial position at the end of 2023 showed an increase in total assets, net loans and leases, and total deposits, but a decrease in annualized return on average assets and shareholders' equity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.11%
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Rhea-AI Summary
FNCB Bancorp, Inc. (NASDAQ:FNCB) declared a dividend of $0.09 per share for the first quarter of 2024, payable on March 15, 2024 to shareholders of record as of March 1, 2024. This dividend remains unchanged from the first quarter of 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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dividends earnings
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Rhea-AI Summary
FNCB Bancorp, Inc. reports a decrease in net income for Q3 2023 compared to the same period in 2022. The company's annualized return on average assets and equity also declined. FNCB declared dividends to shareholders for Q3 2023. FNCB and Peoples Financial Services Corp. have entered into a merger agreement, pending regulatory and shareholder approvals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
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Rhea-AI Summary
FNCB Bancorp, Inc. declares a dividend of $0.090 per share for Q4 2023, marking a 9.1% increase compared to 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
dividends earnings
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Rhea-AI Summary
Peoples Financial Services Corp. and FNCB Bancorp, Inc. have entered into a definitive agreement for an all-stock strategic merger valued at approximately $129.0 million. The merger is expected to create a bank holding company with nearly $5.5 billion in assets and a combined market capitalization of approximately $444 million. The transaction is projected to deliver 59% EPS accretion to Peoples' 2025 estimated EPS and be 40+ accretive to FNCB's EPS. The combined company is expected to deliver top-tier operating and return metrics. The merger is expected to close in the first half of 2024, subject to customary closing conditions and regulatory approvals.
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Rhea-AI Sentiment
End-of-Day
-5.25%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
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dividends earnings
FNCB Bancorp Inc.

Nasdaq:FNCB

FNCB Rankings

FNCB Stock Data

108.68M
15.77M
19.2%
13.6%
0.29%
Commercial Banking
Finance and Insurance
Link
United States of America
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About FNCB

about fncb, simply a better bank™ fncb, locally-based for over 100 years, continues as northeastern pennsylvania's premier community bank — offering a full suite of personal, small business and commercial banking solutions with industry-leading mobile, online and in-branch products and services. fncb remains dedicated to the communities they serve with an on-going mission to be: simply a better bank™. for more information, visit www.fncb.com.