Infinity Bancorp Announces Quarterly Cash Dividend
Rhea-AI Summary
Infinity Bancorp (OTCQB:INFT), the holding company for Infinity Bank, has announced a quarterly cash dividend of $0.07 per common share. The dividend is payable on August 26, 2024 to shareholders of record on August 12, 2024. Infinity Bank, the sole subsidiary of Infinity Bancorp, is a community bank that began operations in February 2018. The bank focuses on serving the banking needs of commercial businesses, professional service entities, and their associated individuals. It offers a range of depository products and services, as well as business loan and commercial real estate financing products tailored to each client's needs.
Positive
- Declared a quarterly cash dividend of $0.07 per common share
- Demonstrates ability to return value to shareholders
- Indicates financial stability and confidence in the company's performance
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, INFT gained 2.20%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
SANTA ANA, CA / ACCESSWIRE / July 25, 2024 / 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
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 |
| Victor Guerrero |
| Allison Duncan |
CEO |
| President, COO |
| CFO |
Phone: (657) 223-1000 |
| Phone: (562) 631-3042 |
| Phone: (657) 304-2378 |
|
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SOURCE: Infinity Bank Santa Ana California
View the original press release on accesswire.com
FAQ
What is the amount of Infinity Bancorp's (INFT) quarterly dividend for 2024?
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When did Infinity Bank, a subsidiary of Infinity Bancorp (INFT), start operations?
