Business
Cornerstone Bancorp Declares Dividend
Cornerstone Bancorp Declares Dividend.
About this update from Cornerstone Bancorp Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Cornerstone Bancorp Declares Dividend\r\n \r\n \r\n\r\n\r\nCornerstone Bancorp Declares Dividend\r\n\r\n\r\n\r\n\r\n\r\n\r\nPALATINE, Ill., Jan. 27, 2026 /PRNewswire/ -- Cornerstone Bancorp, Inc. (OTCID: CNBP), the bank holding company for Cornerstone National Bank & Trust Company (collectively \"Cornerstone\"), is announcing that its Board of Directors declared a special dividend of $2.75 per share to shareholders of record as of February 9, 2026, payable February 13, 2026.\r\n\"The special dividend was declared after considering the Bank's capital requirements and the current banking environment. The dividend represents a 25% payout of unaudited 2025 earnings,\" stated Gerald F. Fitzgerald, Jr., Chairman of Cornerstone Bancorp, Inc.\r\n About Cornerstone Bancorp, Inc.Founded in 2000, Cornerstone Bancorp, Inc., and its wholly owned subsidiary, Cornerstone National Bank & Trust Company (collectively \"Cornerstone\") is committed to serving the commercial banking and investment needs of families and family-owned businesses. Cornerstone serves its clients by investing heavily in people and technology, providing an uncommon relationship experience. Cornerstone has been successful in attracting new clients and talent as the Chicago market consolidates and large banks deemphasize relationships in favor of an institutional approach.\r\n Cornerstone is a leader in commercial lending services including equipment, real estate and construction loans and operating lines of credit as well as business treasury management services.\r\n For individuals and families, wealth management services are offered, including investment management, trust and custody services, retirement plans, and estate and guardianship administration.\r\n Headquartered in Palatine, Illinois, Cornerstone maintains offices in Crystal Lake, Deer Park, Naperville and Schaumburg. Visit us on the web at www.cnbtc.bank.\r\n Forward Looking StatementThis release may contain \"forward-looking statements\" that are subject to risks and uncertainties. Readers should not place undue reliance on forward-looking statements, which reflect management's views only as of the date hereof. All statements, other than statements of historical fact, regarding our financial position, business strategy and management's plans and objectives for future operations ...