Press Release: Cornerstone Bancorp, Inc. Quarterly Report - December 31, 2024

Dow Jones
14 Jan
 Agreements                       $      871,306        $      861,203     1.2 %     $      899,327    $      860,067 
Trust Preferred Securities       $        10,310       $        10,310     0.0 %    $        10,310   $        10,310 
Other Borrowings                $          7,763      $          7,763     0.0 %    $        12,763   $        17,763 
Tangible Stockholders' Equity    $        81,003       $        73,246    10.6 %    $        61,364   $        56,865 
Trust Assets                       $   1,019,951        $      954,480     7.4 %     $      848,711     $   1,016,393 
 
Stock Value Per Common Share 
Data 
----------------------------- 
Price-To-Earnings Ratio                     8.30                  6.31    31.5 %               6.10              6.47 
Price-To-Tangible Book Value 
 Ratio                                      1.00                  0.93     7.3 %               1.04              1.12 
Tangible Book Value Per Share   $          82.33      $          74.36    10.7 %   $          61.73  $          57.20 
Number of Shares Outstanding             983,905               985,039                      994,088           994,088 
Average Number of Shares 
 Outstanding                             983,386               982,767                      994,088           994,088 
Stock Price - High              $          82.59      $          70.00             $          64.30  $          64.00 
                      Low       $          75.95      $          66.75             $          63.10  $          60.00 
                      Ending    $          82.59      $          69.50             $          64.30  $          64.00 
 

View original content:https://www.prnewswire.com/news-releases/cornerstone-bancorp-inc-quarterly-report--december-31-2024-302349675.html

SOURCE Cornerstone Bancorp, Inc.

/CONTACT: Emily Katula, ekatula@cornerstonenb.com, 8476543062

 

(END) Dow Jones Newswires

January 13, 2025 14:50 ET (19:50 GMT)

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