Oak Ridge Financial Services, Inc. (BKOR) Declares $0.08 Quarterly Dividend; 1.7% Yield

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Oak Ridge Financial Services, Inc. Announces Third Quarter 2022 Results and Quarterly Cash Dividend of $0.08 per share

October 31, 2022 5:02 PM EDT

OAK RIDGE, N.C., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Oak Ridge Financial Services, Inc. (Oak Ridge; or the Company) (OTCPink: BKOR), the parent company of Bank of Oak Ridge (the Bank), announced unaudited financial results for the three and nine months ended September 30, 2022.

Highlights as of and for the Three Months ended September 30, 2022

Basic and diluted earnings per share of $0.59 for the three months ended September 30, 2022, down 16 cents, or 21.3%, from the comparable 2021 period.Annualized return on average... More