STOCK TITAN

The Community Financial Corporation Announces Quarterly Cash Dividend

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

WALDORF, Md., Dec. 30, 2020 (GLOBE NEWSWIRE) -- The Community Financial Corporation (NASDAQ: TCFC) (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.125 per share of common stock. The dividend will be paid on or about January 25, 2021 to stockholders of record as of the close of business on January 11, 2021.  

The Community Financial Corporation is the bank holding company for Community Bank of the Chesapeake, which conducts business through its main office in Waldorf, Maryland, and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virginia.

Forward-looking Statements - This news release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the fact that they do not relate strictly to historical or current facts. They often include words like "believe," "expect," "anticipate," "estimate" and "intend" or future or conditional verbs such as "will," "would," "should," "could" or "may." Statements in this release that are not strictly historical are forward-looking and are based upon current expectations that may differ materially from actual results. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by the statements made herein. These risks and uncertainties involve general economic trends, changes in earnings, changes in interest rates, loss of deposits and loan demand to other financial institutions, substantial changes in financial markets, changes in real estate value and the real estate market, regulatory changes, possibility of unforeseen events affecting the industry generally, the uncertainties associated with newly developed or acquired operations, the outcome of pending litigation, and market disruptions and other effects of terrorist activities. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unforeseen events, except as required under the rules and regulations of the Securities and Exchange Commission.

CONTACT:
William Pasenelli
President and Chief Executive Officer
240-427-1033


Community Financial Corp

NASDAQ:TCFC

TCFC Rankings

TCFC Latest News

TCFC Stock Data

Commercial Banking
Finance and Insurance
Link
Finance, Regional Banks, Finance and Insurance, Commercial Banking
US
Waldorf

About TCFC

at community bank, we’re committed to exceeding our customers’ expectations. we’ve been serving the financial needs of our neighbors throughout the region for generations. for convenience, service and value, there is no place like the community. community bank of the chesapeake's home office is located in waldorf, maryland. the bank operates twelve retail banking centers throughout southern maryland and fredericksburg, va and five dedicated commercial lending centers throughout the region, including annapolis, md. community bank of the chesapeake is a member of the federal deposit insurance corporation (fdic), the federal reserve system and the federal home loan bank of atlanta and is an equal housing lender and an equal opportunity employer. a few words about our social media policy: we invite all our visitors to this page to join the conversation. we ask that you please read and respect the guidelines we use to moderate messages. you may review them at this address: https://blog.cbtc