1st Constitution Bancorp (FCCY) Declares $0.09 Quarterly Dividend; 2.8% Yield
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1st Constitution Bancorp Reports Results for the First Quarter of 2020 and Declares Quarterly Dividend of $0.09 per Share
May 1, 2020 9:15 AM EDTCRANBURY, N.J., May 01, 2020 (GLOBE NEWSWIRE) -- 1ST Constitution Bancorp (NASDAQ: FCCY), the holding company (the Company) for 1ST Constitution Bank (the Bank), today reported net income of $3.4 million and diluted earnings per share of $0.33 for the first quarter of 2020 compared to net income of $3.4 million and diluted earnings per share of $0.39 for the first quarter of 2019. The reported results for the first quarter of 2020 include an additional provision for loan losses of approximately $388,000, or $282,000 after tax, which reflects managements current estimate of additional loan losses that may be incurred due to the weakening national and... More
