Oak Ridge Financial Services, Inc. (BKOR) Declares $0.10 Quarterly Dividend; 2.8% Yield

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Oak Ridge Financial Services, Inc. Announces Third Quarter 2023 Results and Quarterly Cash Dividend of $0.10 Per Share

October 25, 2023 7:51 PM EDT

OAK RIDGE, N.C., Oct. 25, 2023 (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 third quarter of 2023 and a quarterly cash dividend of $0.10 per common share.

Third Quarter 2023 Performance and Accomplishments

Earnings per share of $0.55, compared to $0.54 in the linked quarter and $0.59 for the third quarter of 2022.Return on equity of 10.63%, compared to 10.84% in the linked quarter and 12.35% for the third... More