Cheviot Financial (CHEV) Reports Q4 EPS of $0.13; CEO Linneman to Retire
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Cheviot Financial (NASDAQ: CHEV) reported Q4 EPS of $0.13, versus $0.06 reported last year.
The company also that Thomas J. Linneman, the Bank's Chairman, President and Chief Executive Officer, has announced his retirement, effective February 6, 2015.
Linneman began his career at Cheviot Savings Bank in 1980 as Controller. He was named Vice-President/COO in January, 1998 before being elected President and Chief Executive Officer in December, 1998. At that time, Cheviot was a mutual savings and loan association with over $220 million in assets with four offices. At December 31, 2014 Cheviot had 12 full service offices and ranked as one of the largest publicly traded community banks headquartered in Hamilton County Ohio with over $570 million in assets. During Linneman's more than 16 years as president, Cheviot converted from a mutual savings association to a publicly owned company with a market capitalization of over $85 million.
For earnings history and earnings-related data on Cheviot Financial (CHEV) click here.
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