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Wed, 10 Apr 2024 20:45:00 +0000	Codorus Valley Bancorp, Inc. Declares Quarterly Cash Dividend YORK, Pa., April 10, 2024 (GLOBE NEWSWIRE) -- On April 9, 2024, the Board of Directors of Codorus Valley Bancorp, Inc. (the “Corporation”) (Nasdaq: CVLY), the parent company of PeoplesBank, A Codorus Valley Company, declared a regular quarterly cash dividend of $0.17 per common share, payable on May 14, 2024, to shareholders of record at the close of business on May 7, 2024. With assets of over $2 billion, PeoplesBank, A Codorus Valley Company, is a wholly owned subsidiary of Codorus Valley Banc
Thu, 25 Jan 2024 22:42:00 +0000	Codorus Valley Bancorp, Inc. Reports Fourth Quarter 2023 Results and Record Earnings for the Year Fourth quarter net income of $5.5 million compared to net income of $7.9 million in the quarter ended December 31, 2022, and $5.9 million in the quarter ended September 30, 2023;Net income of $25.0 million for the year ended December 31, 2023, compared to net income of $20.1 million for the year ended December 31, 2022;Net interest margin of 3.76% for the year ended December 31, 2023, a 37-basis point increase from the net interest margin of 3.39% for the year ended December 31, 2022;Year-to-dat
Wed, 13 Dec 2023 16:53:11 +0000	Orrstown Financial buying Pennsylvania rival Codorus for $207 million The acquisition would deepen Orrstown's presence in its home state and Maryland. In recent years, Codorus Valley Bancorp had faced pressure from an activist investor to consider selling.
Tue, 12 Dec 2023 21:05:00 +0000	Orrstown Financial Services, Inc. and Codorus Valley Bancorp, Inc. Announce a Merger of Equals to Create a Premier Pennsylvania and Maryland Community Banking Franchise SHIPPENSBURG, Pa. and YORK, Pa., Dec. 12, 2023 (GLOBE NEWSWIRE) -- Orrstown Financial Services, Inc. (“Orrstown”) (NASDAQ: ORRF), the parent company of Orrstown Bank, and Codorus Valley Bancorp, Inc. (“Codorus Valley”) (NASDAQ: CVLY), the parent company of PeoplesBank, A Codorus Valley Company (“PeoplesBank”), today announced they have entered into a definitive agreement pursuant to which Codorus Valley will merge with and into Orrstown in an all-stock transaction valued at approximately $207.0
Wed, 06 Dec 2023 11:42:19 +0000	Favourable Signals For Codorus Valley Bancorp: Numerous Insiders Acquired Stock It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it...
Tue, 31 Oct 2023 20:45:00 +0000	PeoplesBank and Driver Management End Cooperation Agreement YORK, Pa., Oct. 31, 2023 (GLOBE NEWSWIRE) -- PeoplesBank, A Codorus Valley Company, and Driver Management Company LLC and its affiliates (collectively, “Driver Management”), have jointly announced the conclusion of their cooperation agreement, effective October 30, 2023. This amicable decision marks the end of a period of collaboration and opens new chapters for both parties. Craig L. Kauffman, President and CEO of PeoplesBank, expressed the bank's appreciation for the valuable contributions of
Thu, 26 Oct 2023 22:10:58 +0000	Codorus Valley Bancorp Inc (CVLY) Reports Q3 2023 Earnings Net income decreases compared to Q2 2023 but increases year-over-year
Thu, 26 Oct 2023 20:45:00 +0000	Codorus Valley Bancorp, Inc. Reports Third Quarter 2023 Earnings Third quarter net income of $5.9 million compared to net income of $7.2 million in the quarter ended September 30, 2022, and $6.6 million in the quarter ended June 30, 2023; Net income of $19.5 million for the year ended September 30, 2023 compared to $12.2 million for the year ended September 30, 2022;Net interest margin of 3.81% for the nine months ended September 30, 2023, an increase from the net interest margin of 3.21% for the nine months ended September 30, 2022;Third quarter efficiency r
Fri, 13 Oct 2023 10:50:32 +0000	Codorus Valley Bancorp's (NASDAQ:CVLY) investors will be pleased with their decent 55% return over the last three years By buying an index fund, you can roughly match the market return with ease. But if you buy good businesses at...
Thu, 14 Sep 2023 20:51:00 +0000	Courtney Kunkel Selected as Future Under 40 Honoree YORK, Pa., Sept. 14, 2023 (GLOBE NEWSWIRE) -- PeoplesBank, A Codorus Valley Company, is proud to share that the Pennsylvania Bankers Association has selected Courtney Kunkel, Electronic Banking Manager, as a 2023 PA Bankers Future Under 40 honoree. The PA Bankers’ Future Under 40 Awards honor banking industry leaders, aged 40 years and younger, who have a tremendous impact on their institution, the community, and the industry. “In my short time with PeoplesBank, Courtney has had an incredible im
Thu, 31 Aug 2023 10:23:47 +0000	Should You Be Adding Codorus Valley Bancorp (NASDAQ:CVLY) To Your Watchlist Today? It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Tue, 08 Aug 2023 16:39:09 +0000	While institutions own 38% of Codorus Valley Bancorp, Inc. (NASDAQ:CVLY), retail investors are its largest shareholders with 47% ownership Key Insights Codorus Valley Bancorp's significant retail investors ownership suggests that the key decisions are...
Thu, 27 Jul 2023 20:45:00 +0000	Codorus Valley Bancorp, Inc. Reports Second Quarter 2023 Earnings Second quarter net income of $6.6 million compared to net income of $2.0 million in the quarter ended June 30, 2022, and $7.0 million in the quarter ended March 31, 2023;63 basis point increase in net interest margin from the quarter ended June 30, 2022, and 19 basis point decrease from the quarter ended March 31, 2023, to 3.81 percent;Second quarter efficiency ratio of 64.19 percent; return on average assets of 1.22 percent; and return on equity of 14.17 percent;Steady performance in credit met
Wed, 19 Jul 2023 10:05:03 +0000	Is It Smart To Buy Codorus Valley Bancorp, Inc. (NASDAQ:CVLY) Before It Goes Ex-Dividend? Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Sat, 15 Jul 2023 12:17:05 +0000	Codorus Valley Bancorp (NASDAQ:CVLY) Will Pay A Larger Dividend Than Last Year At $0.17 The board of Codorus Valley Bancorp, Inc. ( NASDAQ:CVLY ) has announced that it will be paying its dividend of $0.17 on...
Wed, 12 Jul 2023 20:45:00 +0000	Codorus Valley Bancorp, Inc. and PeoplesBank, A Codorus Valley Company, Announce Resignation of Director of the Board YORK, Pa., July 12, 2023 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. and PeoplesBank, A Codorus Valley Company, a subsidiary of Codorus Valley Bancorp, Inc. (NASDAQ: CVLY), today announce the resignation of Cynthia A. Dotzel, a valued member of the Board of Directors. The resignation, effective July 11, 2023, was tendered and accepted under good terms. The Board of Directors also conferred the title of Director Emeritus to Ms. Dotzel. During Ms. Dotzel's 12-year tenure with Codorus Valley B
Thu, 29 Jun 2023 10:07:47 +0000	Codorus Valley Bancorp Independent Director Acquires 57% More Stock Whilst it may not be a huge deal, we thought it was good to see that the Codorus Valley Bancorp, Inc. ( NASDAQ:CVLY...
Fri, 05 May 2023 19:33:50 +0000	Earnings are growing at Codorus Valley Bancorp (NASDAQ:CVLY) but shareholders still don't like its prospects In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Thu, 27 Apr 2023 20:45:00 +0000	Codorus Valley Bancorp, Inc. Reports First Quarter 2023 Earnings YORK, Pa., April 27, 2023 (GLOBE NEWSWIRE) -- Codorus Valley Bancorp, Inc. (“Codorus Valley”, or the “Corporation”) (NASDAQ: CVLY), parent company of PeoplesBank, A Codorus Valley Company (“PeoplesBank”, or the “Bank”), today reported net income of $7.0 million or $0.73 per diluted common share, for the first quarter of 2023. This compares to net income of $3.1 million or $0.32 per diluted common share, for the first quarter of 2022, representing an increase of $3.9 million or 129 percent and co