Bnccorp, Inc. (BNCC) Declares $2.25 Special Dividend; 8.3% Yield

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BNCCORP, INC. REPORTS FOURTH QUARTER NET INCOME OF $2.2 MILLION, OR $0.60 PER DILUTED SHARE, AND ANNOUNCES SPECIAL $2.25 PER SHARE CASH DIVIDEND

February 2, 2024 7:00 AM EST

Highlights

Net income during the fourth quarter of 2023 increased $681 thousand, or 46.3%, to $2.2 million, or $0.60 per diluted share, from $1.5 million, or $0.41 per diluted share, in the 2022 period.For the quarter, the Community Banking segment reported net income of $2.4 million, or $0.66 per diluted share, compared to net income of $3.5 million, or $0.98 per diluted share, in the same period of 2022.The Mortgage Banking segment reported... More