Contact: Michael H. Head, President and CEO (812) 492-8100
FIRST BANCORP OF INDIANA, INC.
ANNOUNCES QUARTERLY CASH DIVIDEND PAYABLE SEPTEMBER 15, 2023
Evansville, Indiana: August 18, 2023. The Board of Directors of First Bancorp of Indiana, Inc. (OTCPK:FBPI) has declared a quarterly cash dividend of $0.16 per share, payable to stockholders of record as of August 31, 2023. The dividend will be paid on or about September 15, 2023. The annual dividend rate on this quarterly declaration is unchanged from the preceding quarter and results in an annualized dividend yield of 3.83% based on the $16.70 share price for the last reported trade as of August 17, 2023.
First Bancorp of Indiana, Inc. is the holding company for First Federal Savings Bank, Evansville, Indiana, a state-chartered commercial bank that currently operates nine offices in southwest Indiana and one office in Henderson, Kentucky.
Certain information in this press release may constitute forward-looking information that involves risks and uncertainties that could cause actual results to differ materially from those estimated. Persons are cautioned that such forward-looking statements are not guarantees of future performance and are subject to various factors that could cause actual results to differ materially from those estimated. Undue reliance should not be placed on such forward-looking statements.
5001 Davis Lant Drive (47715) PO Box 1111 Evansville, IN 47706-1111
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First Bancorp of Indiana Inc. published this content on 18 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 August 2023 20:44:02 UTC.
First Bancorp of Indiana, Inc. is a bank holding company. The Companyâs principal activity is the ownership and management of its wholly owned subsidiary, First Federal Savings Bank (the bank). The Bank provides a variety of banking services to individuals and business customers through nine full-service locations in southwestern Indiana and one loan production office in Henderson, Kentucky. The Bank operates some of its branches under Home Building Savings Bank, a division of the Bank. The Bankâs deposit products include certificates of deposit, checking accounts, health savings accounts, individual retirement account, money market accounts and savings accounts. Its loan products include consumer loans, mortgage loans and home equity loans, among others. The Bankâs e-banking services include First Direct Online Banking, First BillPay, Zelle, Mobile Banking, Digital Wallet, Mobile Check Deposit and eStatements. It is also engaged in treasury management and business lending services.