Consumers Bancorp director John Parkinson buys $9,880 in stock

Published 16/06/2025, 20:52
Consumers Bancorp director John Parkinson buys $9,880 in stock

WINTERSVILLE, OH—John W. Parkinson, a director at Consumers Bancorp Inc. (OTC:CBKM), recently increased his stake in the company by purchasing 500 shares of common stock. The transaction, which took place on June 16, 2025, was executed at a price of $19.76 per share, amounting to a total investment of $9,880. The purchase comes as CBKM trades near its 52-week high of $20.25, with the stock currently valued at $20.00 per share. The small-cap bank, with a market capitalization of $62.33 million, trades at an attractive P/E ratio of 7.12.

Following this acquisition, Parkinson holds approximately 18,243 shares directly. Additionally, there are 5,890 shares indirectly owned through his spouse. The shares acquired also include those obtained via a dividend reinvestment plan, which further consolidates Parkinson’s position in the Ohio-based bank. According to InvestingPro, CBKM has maintained dividend payments for 27 consecutive years and currently offers a 3.82% yield. The bank has raised its dividend for eight straight years, demonstrating strong commitment to shareholder returns. InvestingPro analysis suggests the stock is currently trading slightly below its Fair Value, with additional metrics and insights available to subscribers.

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