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Last $16.66 USD
Change Today 0.00 / 0.00%
Volume 0.0
CBNK On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 05/27/15 All times are local (Market data is delayed by at least 15 minutes).

chicopee bancorp inc (CBNK) Snapshot

Open
$16.66
Previous Close
$16.66
Day High
$16.86
Day Low
$16.27
52 Week High
12/10/14 - $17.50
52 Week Low
10/16/14 - $13.56
Market Cap
87.8M
Average Volume 10 Days
586.3
EPS TTM
$0.21
Shares Outstanding
5.3M
EX-Date
05/6/15
P/E TM
79.3x
Dividend
$0.28
Dividend Yield
1.68%
Current Stock Chart for CHICOPEE BANCORP INC (CBNK)

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chicopee bancorp inc (CBNK) Details

Chicopee Bancorp, Inc. operates as the holding company for Chicopee Savings Bank that provides various financial products and services to individuals and businesses in Western Massachusetts. Its deposit products include non-interest-bearing demand accounts, such as checking accounts; interest-bearing accounts, including NOW and money market deposit accounts; regular savings accounts, such as passbook accounts; and certificates of deposit. The company’s loan portfolio comprises residential real estate loans; commercial real estate loans; residential and commercial construction loans; commercial and industrial loans; and consumer loans, including second mortgages, home improvement loans, equity loans, automobile loans, and personal loans, as well as home equity lines-of-credit. In addition, it offers non-deposit investment products, including mutual funds, retirement accounts, insurance products, and fixed and variable annuities, as well as debt, equity, and government securities. As of June 30, 2014, the company operated a main office; a lending and operations center; and eight branch offices located in Chicopee, Ludlow, South Hadley, Ware, and West Springfield. Chicopee Bancorp, Inc. was founded in 1845 and is based in Chicopee, Massachusetts.

108 Employees
Last Reported Date: 03/12/15
Founded in 1845

chicopee bancorp inc (CBNK) Top Compensated Officers

Executive Chairman, Chief Executive Officer, ...
Total Annual Compensation: $441.9K
Chief Financial Officer, Senior Vice Presiden...
Total Annual Compensation: $179.1K
Chief Lending Officer, Executive Vice Preside...
Total Annual Compensation: $248.9K
Compensation as of Fiscal Year 2014.

chicopee bancorp inc (CBNK) Key Developments

Chicopee Bancorp, Inc. Announces Cash Dividend, Payable on or About May 22, 2015

On April 24, 2015, Chicopee Bancorp, Inc. announced a cash dividend of $0.07 per share of its common stock to stockholders of record as of the close of business on May 8, 2015, payable on or about May 22, 2015.

Chicopee Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Net Charge-Offs for the First Quarter Ended March 31, 2015

Chicopee Bancorp, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $5,023,000 compared to $4,696,000 for the same period a year ago. Net interest income, after provision for loan losses was $4,623,000 compared to $2,495,000 for the same period a year ago. Income before income tax expense was $395,000 compared to Income before income tax expense of $1,534,000 for the same period a year ago. Net Income was $313,000 or $0.06 per diluted share compared to net loss of $1,359,000 or $0.27 per diluted share a year ago. Return on average assets was 0.20% compared to negative return on average assets of 0.94% a year ago. Return on average equity was 1.43% compared to negative return on average equity of 3.56% for the same period a year ago. The company's book value per share increased by $0.02, or 0.1%, from $16.72 at December 31, 2014 to $16.74 at March 31, 2015. The increase in net income for the three months ended March 31, 2015 compared to the three months ended March 31, 2014, was the result of a $1.8 million, or 81.8%, decrease in the provision for loan losses, an increase in net interest income of $327,000, or 7.0%, and an increase of $53,000, or 9.0%, in non-interest income, partially offset by an increase of $252,000, or 5.5%, in non-interest expense and an increase of $257,000, or 146.9%, in income tax expense due to the higher level of taxable income during the three months ended March 31, 2015. For the first quarter ended March 31, 2015, the company reported net charge-offs of $143,000, or 0.03%, of total average loans, compared to net charge-offs of $2.3 million, or 0.48% of total average loans, for the same period in 2014.

Chicopee Bancorp, Inc., Annual General Meeting, May 27, 2015

Chicopee Bancorp, Inc., Annual General Meeting, May 27, 2015., at 13:00 US Eastern Standard Time. Location: Storrowton Tavern Carriage House. Agenda: To consider the election of three directors to serve for a term of three years; to consider the ratification of the selection of Berry Dunn McNeil & Parker, LLC as independent registered public accounting firm for fiscal year 2015; to approve the executive compensation; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof.

 

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CBNK Competitors

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Alliance Bancorp Inc of Pennsylvania $21.07 USD -0.175
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Industry Analysis

CBNK

Industry Average

Valuation CBNK Industry Range
Price/Earnings 76.2x
Price/Sales 4.2x
Price/Book 0.9x
Price/Cash Flow 80.3x
TEV/Sales NM Not Meaningful
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