Ralph J. Lober II, the CEO and President of Consumers Bancorp Inc. (OTC:CBKM), has recently acquired 200 shares of the company’s common stock. The shares were purchased at a price of $19.74 each, totaling approximately $3,947. The purchase comes as the stock trades near its 52-week high of $20.01, with InvestingPro analysis suggesting the stock is slightly undervalued based on its Fair Value assessment. Following this transaction, Lober’s direct ownership stands at 67,559.75 shares, which includes shares acquired through a dividend reinvestment plan. The bank, with a market capitalization of $61.31 million, boasts a 26-year track record of consistent dividend payments and currently offers a 3.88% yield. This recent acquisition reflects Lober’s continued investment in the Ohio-based bank, which is known for its focus on national commercial banking. InvestingPro subscribers can access additional insights, including 5 more exclusive ProTips about CBKM’s financial health and growth prospects.
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