Morris State Bancshares, Inc (MBLU) Declares $0.38 Quarterly Dividend; 2% Yield
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Morris State Bancshares Announces Quarterly Earnings and Declares Third Quarter Dividend
July 29, 2021 9:20 AM EDTDUBLIN, Ga., July 29, 2021 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the Company), the parent of Morris Bank, today announced net income of $5.5 million for the quarter ended June 30, 2021, representing an increase of $241 thousand, or 4.62%, compared to net income of $5.2 million for the quarter ended March 31, 2021. The company also announced diluted earnings per share of $2.60 for quarter, representing a 4.42% increase over diluted earnings per share of $2.49 for prior quarter. Net earnings were slightly higher quarter over quarter because of lower provisioning for income taxes due to the companys investment in... More
