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Cape Bancorp, Inc. Reports First Quarter 2015 Results

April 27, 2015 7:00 AM EDT

CAPE MAY COURT HOUSE, N.J., April 27, 2015 (GLOBE NEWSWIRE) -- Cape Bancorp, Inc. ("Cape Bancorp" or the "Company") (Nasdaq: CBNJ), the parent company of Cape Bank (the "Bank"), announces its operating results for the quarter ended March 31, 2015.

For the quarter ended March 31, 2015, Cape Bancorp reported net income of $1.0 million, or $0.10 per common share and $0.09 per fully diluted share, compared to $2.0 million, or $0.18 per common and fully diluted share for the quarter ended March 31, 2014.

On January 19, 2015, the Board of Directors declared a cash dividend of $0.06 per common share to shareholders of record as... More