Vmbook Online ordering
Croghan Bancshares Inc
Croghan Bancshares Inc (CGBI) is a bank holding company for Croghan Colonial Bank, a community bank that provides a range of financial services to individuals and businesses in northwest Ohio. The company's primary business is attracting deposits from the general public and using those funds to originate loans for individuals and businesses.
CGBI's stock is listed on the NASDAQ stock exchange under the ticker symbol "CGBI." As of February 2023, the company has a market capitalization of around $80 million and employs over 150 people.
The company's headquarters are located in Findlay, Ohio, and its main subsidiary, Croghan Colonial Bank, operates branches in the surrounding counties of Hancock, Putnam, Henry, and Seneca. The bank offers a variety of personal and business banking services, including checking and savings accounts, loans, credit cards, and wealth management services.
CGBI has a history of stable financial performance, with consistent profitability and growth in assets and loans over the past several years. The company's management team has expressed a commitment to maintaining a strong capital position and providing shareholder value through regular dividends and stock repurchases. In addition, the company has a reputation for community involvement and engagement, with a focus on supporting local businesses and organizations.
It's important to note that while I strive to provide accurate information, this should not be taken as investment advice or a recommendation to buy or sell securities. Investors should always conduct their own research and consult with a qualified financial advisor before making any investment decisions.