Infinity Bancorp Announces Quarterly Cash Dividend

Rhea-AI Summary

Infinity Bancorp (OTCQB:INFT) has announced its Board of Directors' approval of a quarterly cash dividend. Shareholders will receive $0.07 per common share, with the payment scheduled for February 28, 2025. Shareholders of record as of February 14, 2025 will be eligible for this dividend.

Infinity Bancorp, established in October 2022, operates exclusively through its subsidiary, Infinity Bank, which began operations in February 2018. The bank specializes in serving commercial businesses, professional service entities, and their associated stakeholders, offering various depository products and customized business loan and commercial real estate financing solutions.

Positive

• Consistent dividend payment indicates financial stability
• Regular cash return to shareholders through quarterly dividends

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• None.

SANTA ANA, CA / ACCESS Newswire / January 30, 2025 / Infinity Bancorp (OTCQB:INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.07 per common share, payable February 28, 2025 to shareholders of record on February 14, 2025.

Infinity Bank is the sole subsidiary of Infinity Bancorp. Infinity Bancorp, formed on October 21, 2022, is the bank holding company for Infinity Bank. The Bancorp does not have any operations other than through its sole subsidiary, Infinity Bank. The Bank is a community bank that commenced operations in February 2018. The Bank is focused on serving the banking needs of commercial businesses, professional service entities, their owners, employees, and families. The Bank offers a broad selection of depository products and services as well as business loan and commercial real estate financing products uniquely designed for each client. For more information about Infinity Bank and its services, please visit the website at www.infinity.bank

6 Hutton Centre Drive, Suite 100
Santa Ana, CA 92707

Bala Balkrishna CEO Phone:(657) 223-1000 Bala@infinity.bank

Victor Guerrero President, COO Phone: (562) 631-3042 Victor@infinity.bank

Allison Duncan CFO Phone: (657) 304-2378 Allisond@infinity.bank

SOURCE: Infinity Bank Santa Ana California

View the original press release on ACCESS Newswire

FAQ

What is the amount of Infinity Bancorp's (INFT) Q1 2025 dividend payment?

Infinity Bancorp (INFT) declared a quarterly cash dividend of $0.07 per common share for Q1 2025.

When is the payment date for INFT's latest quarterly dividend?

The dividend payment is scheduled for February 28, 2025.

What is the record date for Infinity Bancorp's Q1 2025 dividend?

The record date for the dividend is February 14, 2025.

What banking services does Infinity Bancorp (INFT) offer through its subsidiary?

Infinity Bank offers depository products, business loans, and commercial real estate financing products, specifically designed for commercial businesses and professional service entities.

When did Infinity Bank begin its operations?

Infinity Bank commenced operations in February 2018.