Home Uncategorized Seacoast Financial reports increase in quarterly earnings, declares dividend

Seacoast Financial reports increase in quarterly earnings, declares dividend

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.

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.

NO COMMENTS

Exit mobile version