Quarterly Results
Concentra Bank (Concentra) posted consistent
second quarter financial results, as reported to shareholders on September 12, 2018 via the company’s Q2 Investor Relations update.
Also reported, the Concentra Board of Directors declared a second quarter cash dividend of $0.139539 per common share, representing a $1.34 million total quarterly payment to common shareholders.
Concentra’s financial performance was highlighted in the Q2 year-to-date results with Concentra recording a net income of $8.8 million, down from $10.7 million in Q1; and generating a return on equity of 9.9%, down from 11.1% reported in Q1.
Concentra remains focused on delivering value to owners through consistent dividends, and building a stronger franchise model. Since 2005, Concentra has returned over $76 million in dividend payments to common shareholders.
2018
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