Is It Time To Review Stock News? County Bancorp (Nasdaq:ICBK)

County Bancorp (Nasdaq:ICBK) spotted trading -40.46% off 52-week high price. On the other end, the stock has been noted 6.22% away from the low price over the last 52-weeks. The stock changed 0.29% to recent value of $17.25. The stock transacted 19508 shares during most recent day however it has an average volume of 13.32K shares. The company has 6.47M of outstanding shares and 5.12M shares were floated in the market.  

On June 25, 2019, County Bancorp (Nasdaq:ICBK) announced the addition of Patrick Roe and Jacob Eisen to its Board of Directors. Both will also serve on the Board of Directors of Investors Community Bank (ICB), a wholly-owned subsidiary of County Bancorp (CBI).

Patrick Roe was appointed to the CBI and ICB boards of directors in February 2019 and his current term will expire in May 2022. He brings extensive financial leadership experience to the bank and holding company. He served as the president of First Community Financial Partners, a publicly traded bank holding company located in Illinois, from 2011 to 2017. Additionally he served as chief operating officer and chief executive officer for the company, as well as one of its directors. Roe also served as the president, chief operating officer, and a director of First Community Financial Bank, a subsidiary of First Community Financial Partners

Prior to joining First Community Financial Partners and First Community Financial Bank, Roe served as chief executive officer and president of First Community Bank of Homer Glen & Lockport in Illinois. He also was in banking for 9 years before joining the Illinois-based Heritage Bank in 1984, where he served as president and a director.

Jacob Eisen was appointed to the CBI and ICB boards of directors in April 2019 and his current term will expire in May 2020. He brings more than 17 years of diversified financial services experience to CBI. As a former financial services industry investment banker, he regularly served as a trusted adviser to publicly traded entities, including commercial banks and thrifts, financial technology, payments and specialty finance companies.

Eisen currently serves as chief operating officer and a director of ConnexPay, an innovative business-to-business payments company, which is venture-capital backed. Earlier in his career, he served as head of the financial services practice for a boutique global investment bank with more than $3 billion in assets under management, and as head of capital markets for a broker-dealer specializing in community and regional banks.

We believe that Patrick’s and Jacob’s combined financial services experience will be of significant benefit to our bank and holding company.  Both have extensive qualifications that bring value to the strategic operations of the bank and will contribute to our long-term success, said Tim Schneider, President of County Bancorp and CEO of Investors Community Bank.

About County Bancorp

County Bancorp, a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin.  The state of Wisconsin is often referred to as America’s Dairyland, and one of the niches we have developed is providing financial services to agricultural businesses statewide, with a primary focus on dairy-related lending.  We also serve business and retail customers throughout Wisconsin, with a focus on northeastern and central Wisconsin.  Our customers are served from our full-service locations in Manitowoc, Appleton, Green Bay and Stevens Point and our loan production offices in Darlington, Eau Claire, Fond du Lac, and Sheboygan. Its earnings per share (EPS) expected to touch remained 24.50% for this year while earning per share for the next 5-years is expected to reach at operating margin of 57.70% while its profit margin remained 20.30% for the last 12 months. 

The price moved ahead of -1.08% from the mean of 20 days, -2.42% from mean of 50 days SMA and performed -12.40% from mean of 200 days price. Company’s performance for the week was 0.47%, -2.76% for month and YTD performance remained -0.69%.

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