Morris State Bancshares, Inc (MBLU) Declares $0.38 Quarterly Dividend; 1.9% Yield
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Morris State Bancshares Announces Quarterly Earnings and Declares Fourth Quarter Dividend
October 28, 2021 4:12 PM EDTDUBLIN, Ga., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the Company), the parent of Morris Bank, today announced net income of $6.2 million for the quarter ended September 30, 2021, representing an increase of $723 thousand, or 13.24%, compared to net income of $5.5 million for the quarter ended June 30, 2021. The company also announced diluted earnings per share of $2.94 for the quarter, representing a 13.08% increase over diluted earnings per share of $2.60 for the prior quarter. Net earnings were higher quarter over quarter because of lower credit and tax provisioning as well as higher non-interest income related to... More
