WALDORF, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) – The Community Financial Corporation TCFC (the “Company”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.175 per common share. The dividend will be paid on or about October 21, 2022 to shareholders of record as of the close of business on October 11, 2022.

Community Financial Corporation is the banking holding company of Community Bank of the Chesapeake, which conducts its business through its headquarters in Waldorf, Maryland and branch offices in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virginia.

Forward-Looking Statements – This press release contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements can generally be identified by the fact that they do not strictly relate to historical or current facts. They often contain words like “believe”, “expect”, “anticipate”, “estimate” and “intend” or future or conditional verbs like “will”, “would”, “should”, “could” or “can” . ” Statements in this press release that are not strictly historical are forward-looking and are based on current expectations, which may differ materially from actual results. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those herein These risks and uncertainties include general economic trends, changes in earnings, changes in interest rates, losses on deposits and loans made to other financial institutions, material changes in financial markets, changes in property values ​​and the real estate market, regulatory changes, the possibility of unanticipated events affecting the affect the industry generally, the uncertainties associated with newly developed or acquired operations, the outcome of pending litigation, and market disruptions and other impacts…

[ad_2]

Source story