Abington Bancorp, Inc. Announces Quarterly Dividend
JENKINTOWN, PA -- (Marketwire) -- 05/28/09 -- Abington Bancorp, Inc. (the "Company")
(NASDAQ: ABBC) announced today that its Board of Directors at their meeting
on May 27, 2009, declared a quarterly cash dividend of $0.05 per share on
the common stock of the Company payable on June 24, 2009 to the
shareholders of record at the close of business on June 10, 2009.
Abington Bancorp, Inc. is the holding company for Abington Bank. Abington
Bank is a Pennsylvania-chartered, FDIC-insured savings bank which was
originally organized in 1867. Abington Bank conducts business from its
headquarters and main office in Jenkintown, Pennsylvania as well as twelve
additional full service branch offices and seven limited service banking
offices located in Montgomery, Bucks and Delaware Counties, Pennsylvania.
As of March 31, 2009, Abington Bancorp had $1.20 billion in total assets,
$729.7 million in deposits and $230.8 million in stockholders' equity.
Statements contained in this news release which are not historical facts
may be forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking statements
are subject to risks and uncertainties which could cause actual results to
differ materially from those currently anticipated due to a number of
factors. Factors which could result in material variations include, but are
not limited to, changes in interest rates which could affect net interest
margins and net interest income, competitive factors which could affect net
interest income and non-interest income, changes in demand for loans,
deposits and other financial services in the Company's market area; changes
in asset quality, general economic conditions as well as other factors
discussed in documents filed by the Company with the Securities and
Exchange Commission from time to time. Investors are encouraged to access
the Company's periodic reports filed with the Securities and Exchange
Commission for financial and business information regarding the Company at
www.abingtonbank.com under the Investor Relations menu. The Company
undertakes no obligation to update these forward-looking statements to
reflect events or circumstances that occur after the date on which such
statements were made.