June 18, 2018 4:51 AM ET

Thrifts and Mortgage Finance

Company Overview of Standard AVB Financial Corp.

Company Overview

Standard AVB Financial Corp. operates as a bank 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 consumer loans and overdraft lines of credit. In addition, the company offers investment securities. It serves individuals, families, and businesses through 17 banking offices loca...

2640 Monroeville Boulevard

Monroeville, PA 15146

United States

Founded in 1913

144 Employees

Phone:

412-856-0363

Key Executives for Standard AVB Financial Corp.

CEO & Director
Age: 66
Total Annual Compensation: $380.4K
Executive Vice President & CFO
Age: 54
Total Annual Compensation: $122.5K
Compensation as of Fiscal Year 2016.

Standard AVB Financial Corp. Key Developments

Standard AVB Financial Corp.(NasdaqCM:STND) added to NASDAQ Composite Index

Standard AVB Financial Corp. has been added to NASDAQ Composite Index .

Standard AVB Financial Corp. Declares Dividend for the First Quarter Ended March 31, 2018, Payable on May 17, 2018; Reports Unaudited Earnings for the First Quarter Ended March 31, 2018

Standard AVB Financial Corp.'s board of directors 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 May 3, 2018 and will be paid on May 17, 2018. The company reported unaudited earnings for the first quarter ended March 31, 2018. For the quarter, the company reported interest and dividend income of $9,038,000 against $4,154,000 a year ago. Net interest income was $7,407,000 against $3,294,000 a year ago. The increase in net interest income was primarily due to growth from the acquisition. Income before income tax expense was $2,736,000 against $835,000 a year ago. Net income was $2,160,000 or $0.46 per diluted share against $563,000 or $0.23 per basic and diluted share a year ago. Annualized return on average assets was 0.88% against 0.46% a year ago. Annualized return on average equity was 6.47% against 3.06% a year ago.

Standard AVB Financial Corp., Annual General Meeting, May 22, 2018

Standard AVB Financial Corp., Annual General Meeting, May 22, 2018, at 09:00 US Eastern Standard Time. Location: Doubletree Hotel Pittsburgh/Monroeville Convention Center, 101 Mall Boulevard Monroeton Pennsylvania United States

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Recent Private Companies Transactions

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Target
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