Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation
FRESNO Calif., Feb. 12, 2018 /CNW/ -- Communities First Financial Corp. (OTCQX: CFST) based in California, focused on business banking, today announced that the February 8 presentation from President and CEO, Steve Miller, is now available for on-demand viewing at VirtualInvestorConferences.com.
Communities First Financial Corp's presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.
Recent Company Highlights
Communities First Financial Corporation Announces Record Profit; Earnings Increase 20% in 2017; Pre-Tax Reform Earnings Up 30%
Fourth quarter net income was $877,000, or $0.30 per diluted share, which includes a $325,000, or $0.11 per share, one-time tax expense related to recently enacted tax reforms. In the fourth quarter of 2016, net income was $932,000, or $0.34 diluted share.
For the full year 2017, net income increased 20% to $3.7 million, or $1.28 per share, compared to $3.1 million, or $1.12 per share for 2016.
Noninterest-bearing demand deposits increased 17% to $199.0 million at December 31, 2017, representing 54% of total deposits, compared to $169.5 million, or 51% of total deposits a year ago
About Communities First Financial Corp.
Communities First Financial Corporation is parent holding company of Fresno First Bank, a community bank incorporated on July 14, 2005, and dedicated to meeting the banking needs of businesses, professionals and successful individuals in Central California. Communities First Financials stock trades on the OTCQX under the ticker symbol CFST.
About VirtualInvestorConferences.com Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.
Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.
SOURCE Communities First Financial Corp.
For further information: VirtualInvestorConferences.com, John Viglotti, VP, Investor Relations Products and Services, Cision / PR Newswire / MultiVu, +1.201.360.6767, [email protected]