Embassy Bancorp CEO Lobach buys $15,850 in shares

Published 18/08/2025, 21:00
Embassy Bancorp CEO Lobach buys $15,850 in shares

Embassy Bancorp NASDAQ:EMYB Chairman, President, and CEO David M. Lobach Jr. acquired 1,000 shares of common stock on August 18, 2025, in two separate transactions, paying between $15.8 and $15.9 per share. The total value of the purchases amounted to $15,850. The purchase comes as the stock trades near its 52-week high of $16.74, with InvestingPro data showing a current market capitalization of $121.79 million and an attractive dividend yield of 3.01%.

According to a Form 4 filing with the Securities and Exchange Commission, Lobach acquired 500 shares at $15.8 per share and another 500 shares at $15.9 per share. These shares were purchased indirectly through an IRA and a Spouse IRA. The bank’s stock has demonstrated remarkable stability with a low beta of 0.24, and InvestingPro analysis reveals the company has maintained and raised its dividend for 14 consecutive years, showcasing strong financial discipline.

Following these transactions, Lobach directly owns 359,057.2475 shares of Embassy Bancorp, Inc. common stock, which includes 6.3406 shares acquired pursuant to the dividend reinvestment plan. He also indirectly owns 121,450 shares through an IRA, 53,800 shares through a Spouse IRA and 973.4998 shares as PUGTMA for Grandchild, which includes 16.3488 shares acquired pursuant to the dividend reinvestment plan. Trading at a P/E ratio of 10.36, the stock currently appears fairly valued according to InvestingPro Fair Value metrics, which factor in the company’s consistent profitability and dividend growth history.

In other recent news, Embassy Bancorp, Inc. has announced a significant increase in its annual cash dividend. The company declared a dividend of $0.48 per share, marking an increase of over 14% compared to the previous year. This decision underscores Embassy Bancorp’s commitment to returning value to its shareholders. The dividend will be payable on July 15, 2025, to shareholders who are on record as of June 27, 2025. This marks the 16th consecutive year that Embassy Bancorp has paid a dividend, highlighting its consistent financial performance. The announcement reflects the company’s ongoing efforts to maintain a strong relationship with its investors. These developments come as part of Embassy Bancorp’s broader strategy to enhance shareholder returns.

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