VSB Bancorp Inc. (VSBN) Issues Quarterly Earnings Results

VSB Bancorp Inc. (OTCMKTS:VSBN) announced its earnings results on Tuesday. The financial services provider reported $0.40 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $3.44 million for the quarter.

Shares of VSB Bancorp (OTCMKTS VSBN) opened at 18.01 on Wednesday. The stock has a market capitalization of $32.15 million, a price-to-earnings ratio of 12.06 and a beta of 0.33. The company has a 50-day moving average of $18.06 and a 200 day moving average of $16.74. VSB Bancorp has a one year low of $13.00 and a one year high of $18.84.

The company also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Friday, September 22nd were given a dividend of $0.08 per share. This is a boost from VSB Bancorp’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $0.32 annualized dividend and a dividend yield of 1.78%. VSB Bancorp’s payout ratio is presently 21.33%.

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About VSB Bancorp

VSB Bancorp, Inc is the holding company for Victory State Bank (the Bank), a commercial bank. The Company owns all of the issued and outstanding stock of the Bank. The Bank is a New York State chartered commercial bank, supervised by the New York State Department of Financial Services (NYSDFS) and the Federal Deposit Insurance Corporation (FDIC).

Earnings History for VSB Bancorp (OTCMKTS:VSBN)

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