Pamrapo Bancorp (PBCI) Reports a Q4 Loss; Approves 5% Stock Buyback Plan
More News related to PBCI
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- Pamrapo Bancorp (PBCI) Reports a Q4 Loss; Approves 5% Stock Buyback Plan
Pamrapo Bancorp, Inc. (NASDAQ: PBCI) reports a Q4 loss of $0.03 cents per share, as compared with a profit of $0.17 cents per share, in the fourth quarter of 2007.
Pamrapo Bancorp, Inc. today announced that its Board of Directors has authorized the repurchase of up to 5% of its outstanding common stock, or approximately 246,700 shares. The repurchases under the current program generally will be effected through open market purchases.
Pamrapo Bancorp, Inc. is a holding company whose principal subsidiary, Pamrapo Savings Bank, S.L.A., operates eleven branch offices in Bayonne, Jersey City, Fort Lee, Hoboken, and Monroe, New Jersey. [SM]
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