Standard Financial Corp. (STND) Declares $0.211 Quarterly Dividend; 2.6% Yield

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Standard AVB Financial Corp. Announces Third Quarter Earnings and a Quarterly Dividend Payment

October 29, 2020 4:10 PM EDT

MONROEVILLE, Pa., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (the Company) - (NASDAQ: STND), the holding company for Standard Bank, PaSB, announced earnings for the quarter ended September 30, 2020 of $2.2 million, or $0.49 per basic share. Net income for the third quarter was significantly impacted by expenses of $553,000 ($544,000 after tax) related to the pending merger with Dollar Mutual Bancorp. Excluding the after tax impact of the merger-related expenses, net income would have been $2.8 million or $0.61 per basic share for the quarter ended September 30, 2020 compared to $2.5 million, or $0.54 per basic share, for the quarter ended... More