Business Bancshares Announces First Ever Common Stock Dividend
St. Louis company to pay dividend to common shareholders.
St. Louis, MO, January 31, 2015 --(PR.com)-- Business Bancshares, Inc., parent holding company for The Business Bank of St. Louis, announced that on January 27, 2015 its Board of Directors declared a cash dividend of $0.25 per common share, payable March 31, 2015 to holders of record as of March 6, 2015. The $0.25 cash dividend represents the first ever dividend paid to common shareholders of Business Bancshares, Inc.
“We are pleased to announce that our increased earnings and sound financial condition have allowed us to pay a cash dividend to our common shareholders for the first time in the history of our company,” said Larry Kirby, President and CEO of Business Bancshares, Inc. “The dividend illustrates the confidence of our Board of Directors and management team in our future and our commitment to provide a meaningful return to shareholders.”
Business Bancshares, Inc. is a single bank holding company and parent of The Business Bank of St. Louis. The Business Bank was founded in 2002 and operates a full-service banking facility from its single location at 8000 Maryland Ave. in Clayton, Mo. For more information, call Brian Leeker at (314) 721-8003.
“We are pleased to announce that our increased earnings and sound financial condition have allowed us to pay a cash dividend to our common shareholders for the first time in the history of our company,” said Larry Kirby, President and CEO of Business Bancshares, Inc. “The dividend illustrates the confidence of our Board of Directors and management team in our future and our commitment to provide a meaningful return to shareholders.”
Business Bancshares, Inc. is a single bank holding company and parent of The Business Bank of St. Louis. The Business Bank was founded in 2002 and operates a full-service banking facility from its single location at 8000 Maryland Ave. in Clayton, Mo. For more information, call Brian Leeker at (314) 721-8003.
Contact
The Business Bank
Rochelle Brandvein
(314) 721-8003
www.bbstl.com
Contact
Rochelle Brandvein
(314) 721-8003
www.bbstl.com
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