Cortland Bancorp (OTCMKTS:CLDB) Posts Earnings Results

Cortland Bancorp (OTCMKTS:CLDB) issued its quarterly earnings results on Thursday. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Cortland Bancorp had a return on equity of 14.41% and a net margin of 26.40%. The firm had revenue of $7.31 million for the quarter.

CLDB stock opened at $13.53 on Friday. Cortland Bancorp has a 1-year low of $11.10 and a 1-year high of $24.40. The firm has a market cap of $57.21 million, a P/E ratio of 9.93 and a beta of 0.13. The business’s 50 day moving average is $13.57 and its 200-day moving average is $15.93. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.71.

About Cortland Bancorp

Cortland Bancorp operates as the bank holding company for The Cortland Savings and Banking Company that provides commercial and retail banking services in Northeastern Ohio and Western Pennsylvania. Its deposit products include demand deposits, savings, money market, time deposit, and checking accounts.

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Earnings History for Cortland Bancorp (OTCMKTS:CLDB)

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