September 19, 2017 11:32 AM ET

Thrifts and Mortgage Finance

Company Overview of Standard AVB Financial Corp.

Company Overview

Standard AVB Financial Corp. operates as a holding company for Standard Bank, PaSB that provides various banking products and services. The company offers savings, money market, commercial and regular checking, individual retirement, demand, and time deposit accounts, as well as certificates of deposits. It also provides loan products, including one-to-four family residential mortgage loans; commercial real estate loans; home equity loans and lines of credit; commercial business loans; construction loans; and other loans, such as automobile loans, consumer loans, and loans secured by savings accounts. In addition, the company offers investment securities and wealth management services. It se...

2640 Monroeville Boulevard

Monroeville, PA 15146

United States

Founded in 1913

85 Employees

Phone:

412-856-0363

Key Executives for Standard AVB Financial Corp.

CEO & Director
Age: 66
Total Annual Compensation: $380.4K
CFO, Executive VP, CFO of Standard Bank and Executive VP of Standard Bank
Age: 54
Total Annual Compensation: $122.5K
Compensation as of Fiscal Year 2016.

Standard AVB Financial Corp. Key Developments

Standard AVB Financial Corp. Announces Fiscal Year Changes ; Amends Bylaws

On August 22, 2017, Standard AVB Financial Corp. changed its fiscal year end from September 30 to December 31. In connection with the change in fiscal year, Article VI, Section 5 of the Company bylaws was amended.

Standard AVB Financial Corp. Declares Quarterly Cash Dividend, Payable on August 17, 2017

The board of directors of Standard AVB Financial Corp. declared a quarterly cash dividend of $0.221 per share of the Company's common stock. The dividend will be payable to stockholders of record as of August 3, 2017 and will be paid on August 17, 2017.

Standard AVB Financial Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2017

Standard AVB Financial Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2017. For the quarter, the company reported net interest income of USD 7,078,000 against USD 3,166,000 a year ago. Net interest income after provision for loan losses was USD 6,911,000 against USD 3,166,000 a year ago. Income before income tax was USD 524,000 against USD 1,210,000 a year ago. Net income was USD 384,000 against USD 866,000 a year ago. Earnings per diluted share were USD 0.08 against USD 0.36 a year ago. Annualized return on average assets was 0.16% against 0.71% a year ago. Annualized return on average equity was 1.17% against 4.77% a year ago. For the nine months, the company reported net interest income of USD 13,626,000 against USD 9,443,000 a year ago. Net interest income after provision for loan losses was USD 13,419,000 against USD 9,443,000 a year ago. Income before income tax was USD 2,313,000 against USD 3,755,000 a year ago. Net income was USD 1,507,000 against USD 2,633,000 a year ago. Earnings per diluted share were USD 0.47 against USD 1.03 a year ago. Annualized return on average assets was 0.31% against 0.74% a year ago. Annualized return on average equity was 2.17% against 4.77% a year ago. Book value per share was USD 27.68 as on June 30, 2017. Tangible book value per share was USD 21.44 as on June 30, 2017.

Similar Private Companies By Industry

Company Name Region
120dB Films, Inc. United States
1st 2nd Mortgage Co.of N.J., Inc. United States
1st Georgia Home Mortgage, LLC United States
1st Integrity Mortgage, Inc. United States
1st Palm Financial Services, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
\
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
The Advertising Council, Inc. United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Tax Management Inc United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Standard AVB Financial Corp., please visit www.standardbankpa.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.