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home / news releases / CLDB - Cortland Bancorp: Not All Community-Based Banks Are Firing On All Cylinders


CLDB - Cortland Bancorp: Not All Community-Based Banks Are Firing On All Cylinders

We have seen and I have written about quite a few community banks that are growing, acquiring banks, increasing their total assets and propelling their net income. However, not all banks fall into that same category.

Cortland Bancorp (CLDB) is a $700 million bank, based in the Eastern part of Ohio. Cortland has seen their total asset and income slide down through 2019, when compared to 2018. I am curious if this is temporary for Cortland and if there are signs of an undervalued dividend stock in the community bank space during the

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Stock Information

Company Name: Cortland Bancorp
Stock Symbol: CLDB
Market: OTC
Website: cortlandbank.com

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