Frank L. Paden, a director at Consumers Bancorp Inc. (OTC:CBKM), recently purchased 266 shares of the company's common stock. The regional bank, currently valued at $61.8 million, trades at an attractive P/E ratio of 6.9x and shows a solid dividend yield of 3.85%. According to InvestingPro analysis, the stock appears slightly undervalued at current levels. The transaction, dated December 16, 2024, was conducted at an average price of $19.04 per share, amounting to a total value of approximately $5,066. Following this acquisition, Paden's direct ownership in the company increased to 9,758 shares. This purchase includes shares acquired through a dividend reinvestment plan, particularly notable as InvestingPro data shows the company has maintained dividend payments for 26 consecutive years and raised them for the past 8 years. The stock is currently trading near its 52-week high of $20.01, reflecting strong momentum in the company's shares.
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