|Over a month ago|
County Bancorp files $100M mixed securities shelf 16:0505/0805/08/20
County Bancorp reports Q1 EPS (78c),may not compare to consensus 38c » 16:0704/3004/30/20
Net interest margin…
Net interest margin decreased both sequentially and year-over-year, due to actions taken by the Federal Reserve Bank related to COVID-19 during the first quarter of 2020 and the resulting decrease in rates across the yield curve.Interest income on investment securities increased in the linked quarter, due to shifting balances from interest-bearing deposits with banks to investment securities.
|Over a quarter ago|
County Bancorp raises quarterly dividend 40% to 7c per share » 08:5002/2002/20/20
County Bancorp announced…
County Bancorp announced that on February 18, 2020 its Board of Directors declared a quarterly cash dividend of 7c per share. The dividend will be payable on March 20, 2020 to shareholders of record as of March 6, 2020.
County Bancorp announces share repurchase program » 16:0501/2901/29/20
County Bancorp, the…
County Bancorp, the parent company for Investors Community Bank, announced that its board has authorized the repurchase of up to 673,000 shares of its common stock through January 2023.
County Bancorp downgraded to Neutral from Buy at DA Davidson » 07:4901/2701/27/20
DA Davidson analyst…
DA Davidson analyst Jeffrey Rulis downgraded County Bancorp to Neutral from Buy with an unchanged $28 price target. The analyst is positive on the progress that the bank has made in 2019, with reduced reliance on wholesale funding and a "meaningful reduction" in its classified asset ratio, positioning the company for return to loan growth and net interest margin expansion in 2020. Rulis contends however that County Bancorp's positive developments have been "accurately reflected" in its stock price.
County Bancorp downgraded to Neutral from Buy at DA Davidson » 06:4101/2701/27/20
DA Davidson analyst…
DA Davidson analyst Jeffrey Rulis downgraded County Bancorp to Neutral from Buy with a $28 price target.
County Bancorp reports Q4 EPS 47c, consensus 50c » 16:0901/2301/23/20
Tim Schneider, president…
Tim Schneider, president of County Bancorp noted, "In 2019, we focused on improving credit quality, reducing wholesale funding, and growing our client deposits. I am pleased to say that our strategic initiatives drove improvements across all three focus areas, resulting in record full-year net profit for County Bancorp. Our business is progressing at a solid pace, but we understand there is more work to be done. Our dairy portfolio continued to strengthen as milk prices improved throughout 2019, and the futures market is the strongest we have seen in years. As trade deals with Mexico, Canada and China near the finish line, we feel more optimistic about the future of agricultural export stability. We made great progress in 2019, which is a testament to the diligent and tireless work of our team, and we look to continue our momentum as we head into 2020."
County Bancorp downgraded to Equal Weight from Overweight at Stephens » 08:3112/1912/19/19
Stephens analyst Terry…
Stephens analyst Terry McEvoy downgraded County Bancorp to Equal Weight from Overweight with a $25 price target.
County Bancorp downgraded to Equal Weight from Overweight at Stephens » 06:1012/1912/19/19
Stephens downgraded County Bancorp to Equal Weight from Overweight.
County Bancorp reports Q3 EPS 82c, consensus 49c » 17:0110/1710/17/19
"We are very pleased…
"We are very pleased with the improvement we have seen in our credit portfolio this quarter," stated Tim Schneider, President of the Company and CEO of the Bank. "We continue to see an improved milk price environment: the 12-month forward looking average for class III milk increased from $15.88 to $17.12 per hundredweight on the Chicago Mercantile Exchange from December 31, 2018 to September 30, 2019. These trends are encouraging, but still have work to do to continue to improve our asset quality."