NEW BEDFORD, MASS. — Seacoast Financial Services Corp., holding company for CompassBank and Nantucket Bank, said it earned $7 million, or 29 cents per diluted share in the second quarter, compared to $6 million, or 25 cents per diluted share, during the year-ago period.
The company’s board of directors approved a quarterly cash dividend of 9 cents per share, payable on August 24 to shareholders of record on August 10.
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The company’s assets totaled $3.15 billion, compared to $2.3 billion last year.
SeaCoast operates 29 full service branches of CompassBank and seven ATMs in Southeastern Massachusetts. It operates three full service branch offices of Nantucket Bank on Nantucket Island.
