County Bancorp, Inc. (NASDAQ:ICBK) is reporting third quarter financial results on Thursday 22nd October 2020, after market close.
According to analysts surveyed by Thomson Reuters, ICBK is expected to report 3Q20 income of $ 0.23 per share from revenue of $ 11.97 million.
For the full year, analysts anticipate top line of $ 48.42 million, while looking forward to income of $ 0.16 per share bottom line.
Previous Quarter Performance
County Bancorp, Inc. recorded income for the second quarter of $ 0.40 per share, from the revenue of $ 11.70 million. The quarterly earnings decreased 24.53 percent while revenues dropped 12.16 percent compared with the same quarter last year.
According to street consensus, ICBK was expected to report 2Q20 income of $ 0.19 per share from revenue of $ 11.58 million. The bottom line results beat street analysts by $ 0.21 or 110.53 percent, at the same time, top line results outshined analysts by $ 0.12 million or 1.04 percent.
Stock Performance
Shares of County Bancorp, Inc. traded up $ 0.10 or 0.52 percent on Wednesday, reaching $ 19.49 with volume of 3.70 thousand shares. County Bancorp, Inc. has traded high as $ 19.49 and has cracked $ 19.34 on the downward trend
The closing price of $ 19.49, representing a 43.10 % increase from the 52 week low of $ 13.55 and a 30.7 % decrease over the 52 week high of $ 27.98.
The company has a market capital of $ 123.14 million and is part of the Financial Services sector and Savings & Cooperative Banks industry.
Conference Call
County Bancorp, Inc. will be hosting a conference call at 9:30 AM eastern time on 23rd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.investorscommunitybank.com
County Bancorp, Inc. operates as the bank holding company for Investors Community Bank that provides a range of consumer and commercial banking services to individuals, businesses, and industries primarily in northeastern and central Wisconsin. The company accepts demand interest bearing and noninterest bearing, money market deposit, NOW, checking, and savings accounts, as well as time deposits.
