Codorus Valley Bancorp (CVLY) Getting Somewhat Favorable Press Coverage, Report Shows

Press coverage about Codorus Valley Bancorp (NASDAQ:CVLY) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Codorus Valley Bancorp earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the financial services provider an impact score of 46.3504258469583 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Shares of Codorus Valley Bancorp (CVLY) opened at 25.41 on Friday. The firm has a market capitalization of $214.79 million, a PE ratio of 15.04 and a beta of 0.54. The firm’s 50-day moving average price is $27.73 and its 200-day moving average price is $26.97. Codorus Valley Bancorp has a 52-week low of $19.99 and a 52-week high of $29.56.

Codorus Valley Bancorp (NASDAQ:CVLY) last released its earnings results on Thursday, July 20th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter. The company had revenue of $17.47 million during the quarter. Codorus Valley Bancorp had a return on equity of 9.12% and a net margin of 18.78%.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 8th. Stockholders of record on Tuesday, July 25th were issued a $0.135 dividend. The ex-dividend date of this dividend was Friday, July 21st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 2.13%. Codorus Valley Bancorp’s payout ratio is currently 32.32%.

In other news, Director Macgregor S. Jones sold 3,971 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $28.09, for a total value of $111,545.39. Following the transaction, the director now directly owns 27,763 shares of the company’s stock, valued at $779,862.67. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Matthew A. Clemens sold 1,358 shares of the company’s stock in a transaction on Monday, June 19th. The stock was sold at an average price of $27.00, for a total transaction of $36,666.00. Following the completion of the transaction, the senior vice president now directly owns 8,020 shares in the company, valued at $216,540. The disclosure for this sale can be found here. Insiders sold 6,779 shares of company stock valued at $188,826 in the last 90 days. Corporate insiders own 4.16% of the company’s stock.

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About Codorus Valley Bancorp

Codorus Valley Bancorp, Inc is a bank holding company. The Company provides a range of banking services through its subsidiary, PeoplesBank, A Codorus Valley Company (PeoplesBank). The Company operates through the community banking segment. PeoplesBank is a chartered bank that offers a range of business and consumer banking services.