Business & Finance
Business and Finance
Business and Finance
Mon, December 22, 2008Fri, December 19, 2008Thu, December 18, 2008Wed, December 17, 2008Tue, December 16, 2008Mon, December 15, 2008Sun, December 14, 2008Fri, December 12, 2008Thu, December 11, 2008Wed, December 10, 2008Tue, December 9, 2008Mon, December 8, 2008TIB Financial Corp. Announces Fourth Quarter Stock Dividend
Published in Business and Finance on Wednesday, December 17th 2008 at 15:25 GMT by Market Wire
NAPLES, Fla.--([ BUSINESS WIRE ])--TIB Financial Corp. (NASDAQ:TIBB), parent company of TIB Bank, The Bank of Venice and Naples Capital Advisors, leading financial services providers serving the greater Naples, Bonita Springs and Fort Myers area, Highlands County, South Miami-Dade County, the Florida Keys and Sarasota County, today announced its Board of Directors has voted to distribute a 1% (one percent) stock dividend.
The stock dividend is payable on January 10, 2009, to TIB Financial stockholders of record as of December 31, 2008. The Board of Directors will continue to evaluate the amount of our quarterly dividend and our dividend policy in light of current and expected trends in our financial performance and financial condition.
Headquartered in Naples, Florida, TIB Financial Corp. is a growth-oriented financial services company with approximately $1.6billion in total assets and 20 full-service banking offices throughout the Florida Keys, Homestead, Naples, Bonita Springs, Fort Myers, Venice and Sebring. TIB Financial Corp. is also the parent company of Naples Capital Advisors, Inc., a registered investment advisor with approximately $91 million of assets under advisement.
TIB Financial Corp., through its wholly owned subsidiaries, TIB Bank, The Bank of Venice and Naples Capital Advisors, Inc., serves the personal and commercial banking and investment management needs of local residents and businesses in its market areas. The companies' experienced professionals are local community leaders, who focus on a relationship-based approach built around anticipating specific customer needs, providing sound advice and making timely decisions. To learn more about TIB Bank, The Bank of Venice and Naples Capital Advisors, Inc., visit [ www.tibbank.com ], [ www.bankofvenice.com ] and [ www.naplescapitaladvisors.com ], respectively.
Copies of recent news releases, SEC filings, price quotes, stock charts and other valuable information may be found on TIB's investor relations site at [ www.tibfinancialcorp.com ]. For more information, contact Thomas J. Longe, Chairman and Chief Executive Officer at 239-263-3344, or Stephen J. Gilhooly, Executive Vice President and Chief Financial Officer, at 239-659-5876.
Except for historical information contained herein, the statements made in this press release constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such statements involve certain risks and uncertainties, including statements regarding the Company's strategic direction, prospects and future results. Certain factors, including those outside the Company's control, may cause actual results to differ materially from those in the "forward-looking" statements, including economic and other conditions in the markets in which the Company operates; risks associated with acquisitions, competition, seasonality and the other risks discussed in our filings with the Securities and Exchange Commission, which discussions are incorporated in this press release by reference.
