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Sound Financial Bancorp, Inc. Reports Net Income of $3.5 Million for Fourth Quarter 2020
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SEATTLE, Jan. 28, 2021 (GLOBE NEWSWIRE) -- Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the parent company of Sound Community Bank, issued press releases announcing fourth quarter 2020 financial results and declaring dividends. The Company reported net income of $3.5 million for the quarter ended December 31, 2020, or $1.34 diluted earnings per share, compared to net income of $2.3 million, or $0.90 diluted earnings per share, for the quarter ended September 30, 2020 and $1.9 million, or $0.72 diluted earnings per share, for the quarter ended December 31, 2019. The Company also announced today that the Board of Directors has declared on Company common stock a regular quarterly cash dividend of $0.17 per share and a special cash dividend of $0.10 per share. The dividends will be payable on February 24, 2021 to stockholders of record as of the close of business on February 10, 2021.
sound community bank is a state-chartered commercial bank headquartered in seattle, washington. we offer a variety of banking services for consumers and small businesses, including mortgage, commercial and consumer loans, checking, savings, money market accounts and certificates of deposit.
