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DNB Financial Corp (DNBF.OQ)

DNBF.OQ on NASDAQ Stock Exchange Capital Market

40.73USD
23 Aug 2019
Change (% chg)

$-1.78 (-4.19%)
Prev Close
$42.51
Open
$42.34
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$42.34
Day's Low
$40.73
Volume
2,590
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9,136
52-wk High
$46.86
52-wk Low
$25.84

Latest Key Developments (Source: Significant Developments)

S&T Bancorp Reports Q2 Earnings Per Share Of $0.76
Thursday, 18 Jul 2019 

July 18 (Reuters) - S&T Bancorp Inc ::S&T BANCORP, INC. ANNOUNCES SECOND QUARTER 2019 RESULTS.Q2 EARNINGS PER SHARE $0.76.Q2 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.NET INTEREST INCOME INCREASED $0.5 MILLION TO $60.8 MILLION FOR Q2 OF 2019 COMPARED TO $60.3 MILLION FOR Q1 OF 2019.S&T AND DNB EXPECT TO COMPLETE DEAL DURING Q4 OF 2019.Q2 OF 2019 RESULTS INCLUDED $0.6 MILLION, OR $0.01 PER DILUTED SHARE, OF MERGER RELATED EXPENSES.  Full Article

Abbott Cooper Says On April 25, Issued Statement To DNB Financial's Shareholders
Thursday, 25 Apr 2019 

April 25 (Reuters) - DNB Financial Corp ::ABBOTT COOPER SAYS ON APRIL 25, ISSUED A STATEMENT TO DNB FINANCIAL CORP'S SHAREHOLDERS - SEC FILING.ABBOTT COOPER SAYS HOPE DNB FINANCIAL WILL ENGAGE INVESTMENT BANK TO RUN A SALE PROCESS.ABBOTT COOPER SAYS HOPE DNB FINANCIAL WILL ELIMINATE SOME EXECUTIVE COMPENSATION PRACTICES.ABBOTT COOPER SAYS REPORTS ABOUT 6.5 PERCENT SHARE STAKE IN DNB FINANCIAL CORP AS OF APRIL 25 - SEC FILING.  Full Article

Driver Management Co LLC Says On March 12, Submitted Demand To Inspect Books And Records Of DNB Financial
Wednesday, 10 Apr 2019 

April 9 (Reuters) - DNB Financial Corp ::DRIVER MANAGEMENT CO LLC SAYS ON MARCH 12, SUBMITTED DEMAND TO INSPECT BOOKS AND RECORDS OF DNB FINANCIAL CORP - SEC FILING.DRIVER MANAGEMENT - ON MARCH 18, GERALD SOPP, DNB FINANCIAL’S CORPORATE SECRETARY, SENT LETTER NOTIFYING THAT CO DID NOT INTEND TO COMPLY WITH BOOKS AND RECORDS DEMAND.DRIVER MANAGEMENT - ON APRIL 9 SENT LETTER TO JAMES THORNTON, CHAIRMAN OF DNB FINANCIAL’S BOARD, REGARDING CO’S REFUSAL TO COMPLY WITH BOOKS AND RECORDS DEMAND.  Full Article

Abbott Cooper - On March 23, Submitted Proposed Terms For Potential Arrangement To DNB Financial's Attorney
Friday, 5 Apr 2019 

April 4 (Reuters) - DNB Financial Corp ::ABBOTT COOPER SAYS ON MARCH 23, SUBMITTED PROPOSED TERMS FOR POTENTIAL ARRANGEMENT TO DNB FINANCIAL'S ATTORNEY - SEC FILING.ABBOTT COOPER SAYS ON MARCH 28, DNB FINANCIAL’S ATTORNEY INFORMED THAT CO HAD DECLINED TO ACCEPT PROPOSAL CONTEMPLATED BY MARCH 23 TERM SHEET.ABBOTT COOPER REPORTS SHARE STAKE OF 6.49 PERCENT IN DNB FINANCIAL CORP AS OF APRIL 4 - SEC FILING.  Full Article

Ct Opportunity Partners I LP and Driver Management LLC Intend To Vote Withold For DNF Financial Corp’S Nominees for director
Thursday, 4 Apr 2019 

April 4 (Reuters) - DNB Financial Corp ::DRIVER MANAGEMENT LLC - CO, CT OPPORTUNITY PARTNERS I LP INTEND TO VOTE WITHOLD FOR DNBF’S NOMINEES FOR DIRECTOR.DRIVER MANAGEMENT LLC - CO, CT OPPORTUNITY PARTNERS I LP INTEND TO VOTE AGAINST APPROVING DNB FINANCIAL'S EXECUTIVE OFFICER COMPENSATION - SEC FILING.DRIVER MANAGEMENT COMPANY LLC-CT OPPORTUNITY PARTNERS I LP AND CO BENEFICIAL OWNERS OF ABOUT 6.5% OF OUTSTANDING DNF FINANCIAL'S SHARES OF COMMON STOCK.DRIVER MANAGEMENT COMPANY LLC -CT OPPORTUNITY PARTNERS I LP AND CO HAVE REPEATEDLY SOUGHT TO ENGAGE WITH THE DNBF BOARD OF DIRECTORS.  Full Article

Abbott Cooper - On January 22, Sent Letter To DNB Financial’S Board Requesting Form Committee Of Independent Directors
Saturday, 2 Feb 2019 

Feb 1 (Reuters) - DNB Financial Corp ::ABBOTT COOPER - ON JANUARY 22, SENT LETTER TO DNB FINANCIAL’S BOARD REQUESTING FORM COMMITTEE OF INDEPENDENT DIRECTORS - SEC FILING.ABBOTT COOPER - ASKS BOARD OF DNB FINANCIAL TO IMMEDIATELY ENGAGE QUALIFIED FINANCIAL ADVISOR, WITH ADVICE OF SUCH ADVISOR, SOLICIT ACQUISITION PROPOSALS.ABBOTT COOPER - ASKS BOARD OF DNB FINANCIAL TO INVESTIGATE PAYMENT MADE TO FORMER CHIEF BANKING OFFICER, VINCE LIUZZI, PURSUANT TO HIS SEVERANCE AGREEMENT.ABBOTT COOPER - JANUARY 29, SENT SECOND LETTER TO DNB FINANCIAL BOARD EXPRESSING DISAPPOINTMENT WITH BOARD’S FAILURE TO ENGAGE WITH REPORTING PERSONS.ABBOTT COOPER - ON JANUARY 30, SENT A THIRD LETTER TO JAMES THORNTON, CHAIRMAN OF BOARD OF DNB FINANCIAL INDICATING THAT EAGERLY AWAIT RESPONSE.  Full Article

DNB Financial Corp Reports Q4 EPS Of $0.69
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - DNB Financial Corp ::ORATION REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.Q4 EARNINGS PER SHARE $0.69.NET INTEREST INCOME FOR 3 MONTHS ENDING DEC 31, 2018 WAS $9.6 MILLION, REPRESENTED $90,000 DECREASE FROM QUARTER ENDING DEC 31, 2017.  Full Article

J. Abbott R. Cooper Urges DNB Financial To Review Strategic Alternatives, Including Sale
Friday, 18 Jan 2019 

Jan 17 (Reuters) - J. Abbott R. Cooper::J. ABBOTT R. COOPER SAYS INTEND TO ENGAGE WITH DNB FINANCIAL CORP AND WITH OTHER STOCKHOLDERS TO ADDRESS CERTAIN ISSUES.J. ABBOTT R. COOPER REPORTS 6.49 PERCENT STAKE IN DNB FINANCIAL CORP AS OF JAN 17, 2019 - SEC FILING.J. ABBOTT R. COOPER SAYS DEMAND DNB FINANCIAL BOARD IMMEDIATELY ENGAGE INDEPENDENT BANKERS TO REVIEW ALL STRATEGIC ALTERNATIVES, INCLUDING A SALE.J. ABBOTT R. COOPER SAYS MAY SEEK BOARD REPRESENTATION AT DNB FINANCIAL CORP UNDER CERTAIN SITUATIONS.  Full Article

DNB Financial Corp reports Q3 Earnings Per Share $0.70
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - DNB Financial Corp ::REPORTS THIRD QUARTER 2018 RESULTS.Q3 EARNINGS PER SHARE $0.70.QTRLY NET INTEREST INCOME WAS $9.2 MILLION, AN $83,000 INCREASE FROM QUARTER ENDING JUNE 30, 2018.  Full Article

DNB Financial Posts Quarterly Earnings Per Share $0.47
Tuesday, 24 Jul 2018 

July 24 (Reuters) - DNB Financial Corp ::QUARTERLY EARNINGS PER SHARE $0.47.QTRLY NET INTEREST INCOME WAS $9.1 MILLION, WHICH REPRESENTED A $41,000 INCREASE FROM QUARTER ENDING MARCH 31, 2018.  Full Article