Standard AVB Financial Corp

Standard AVB Financial Corp. is a holding company., which through its subsidiary, Standard Bank engages in provision of commercial banking services. It offers deposit accounts, including savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts and individual retirement accounts. The firm also offers commercial real estate loans, commercial business loans, one- to four-family residential mortgage loans, and home equity loans and lines of credit. The company was founded in 1998 and is headquartered in Monroeville, PA.

PITTSBURGH and MONROEVILLE, Pa., June 1, 2021 /PRNewswire/ -- Dollar Mutual Bancorp ("Dollar") and Standard AVB Financial Corp. ("Standard") (NASDAQ: STND) jointly announced the completion of the previously announced merger of the financial institutions.

Dollar Mutual Bancorp and Standard AVB Financial Corp. Announce Completion of Merger

PITTSBURGH and MONROEVILLE, Pa., May 6, 2021 /PRNewswire/ -- Dollar Mutual Bancorp ("Dollar") and Standard AVB Financial Corp. (Nasdaq: STND) ("Standard") jointly announced that the parties have received all the regulatory approvals necessary to complete the merger of Standard into Dollar.

Dollar Mutual Bancorp and Standard AVB Financial Corp. Announce Receipt of Regulatory Approvals and Expected Closing Date for Acquisition

MONROEVILLE, Pa., Feb. 15, 2021 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (Nasdaq: STND) (the “Company”), the holding company for Standard Bank (the “Bank”), announced today an increase to its previously reported earnings for the quarter and year ended December 31, 2020. Net income for the quarter and year ended December 31, 2020 were $2.4 million, or $0.53 per basic share, and $6.9 million, or $1.52 per basic share, respectively. Excluding the after tax impact of the merger-related expenses, net income would have been $3.0 million, or $0.64 per basic share for the quarter ended December 31, 2020 and $7.9 million, or $1.74 per basic share, for the year ended December 31, 2020. The Company's annualized return on average assets and average equity were 0.92% and 6.73%, respectively, (1.11% and 8.13%, respectively, excluding the merger-related expenses) for the quarter ended December 31, 2020 and 0.67% and 4.85%, respectively, (0.77% and 5.55%, respectively, excluding merger-related expenses) for the year ended December 31, 2020.

Standard AVB Financial Corp. Announces Revised Earnings For The Quarter And Year Ended December 31, 2020

MONROEVILLE, Pa., Jan. 28, 2021 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (the “Company”) - (NASDAQ: STND), the holding company for Standard Bank, PaSB, announced earnings for the quarter ended December 31, 2020 of $2.0 million, or $0.44 per basic share compared to $2.1 million, or $0.46 per basic share, for the quarter ended December 31, 2019. Net income for the fourth quarter was significantly impacted by merger-related expenses of $522,000 ($422,000 after tax) related to the pending merger with Dollar Mutual Bancorp. Excluding the after tax impact of the merger-related expenses, net income would have been $2.5 million or $0.53 per basic share for the quarter ended December 31, 2020. In addition to merger expenses, there was an increase in the provision for loan losses and decreases in both interest income and service charges, partially offset by decreases in interest expense and other operating expenses and increases in net loan sale gains and referral fees and equity fair value adjustments.

Standard AVB Financial Corp. Announces Fourth Quarter and Calendar Year Earnings and a Quarterly Dividend Payment

MONROEVILLE, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (Nasdaq: STND) (“Standard”) announced today that its stockholders approved the previously announced merger of Standard with and into Dollar Mutual Bancorp (“Dollar”) at a special meeting of stockholders held today.  Subject to the receipt of all required regulatory approvals and the satisfaction of customary closing conditions, the parties expect to close the merger in the first half of 2021.

Standard AVB Financial Corp. Stockholders Approve Merger With Dollar Mutual Bancorp

NEW YORK, Dec. 19, 2020 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Standard AVB Financial Corp. (NASDAQ: STND) concerning potential violations of the federal securities laws and/or breaches of fiduciary...

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP Investigates the Following Companies - STND, EIDX, WTRE, ARA, CGIX

MONROEVILLE, Pa., Oct. 29, 2020 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (the “Company”) - (NASDAQ: STND), the holding company for Standard Bank, PaSB, announced earnings for the quarter ended September 30, 2020 of $2.2 million, or $0.49 per basic share. Net income for the third quarter was significantly impacted by expenses of $553,000 ($544,000 after tax) related to the pending merger with Dollar Mutual Bancorp. Excluding the after tax impact of the merger-related expenses, net income would have been $2.8 million or $0.61 per basic share for the quarter ended September 30, 2020 compared to $2.5 million, or $0.54 per basic share, for the quarter ended September 30, 2019. In addition to merger expenses, the decrease in earnings for the quarter resulted primarily from lower interest income partially offset by higher net loan sale gains and referral fees and lower interest expense and income tax expenses.  

Standard AVB Financial Corp. Announces Third Quarter Earnings and a Quarterly Dividend Payment

NEW YORK, Oct. 14, 2020 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Standard AVB Financial Corp. ("Standard" or the "Company") (STND)...

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Standard AVB Financial Corp. - STND

New York, New York--(Newsfile Corp. - September 29, 2020) - The following statement is being issued by Levi & Korsinsky, LLP:To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7091/64850_fddc449d34262aef_001full.jpgTo: All Pe

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Into the Fairness of the Sale of Standard AVB Financial Corp. to Dollar Mutual Bancorp

NEW YORK, Sept. 25, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Standard AVB Financial Corp. ("STND" or the "Company") (NASDAQ: STND) in connection with the proposed acquisition of the...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Standard AVB Financial Corp.

NEW ORLEANS, Sept. 25, 2020 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of Standard AVB Financial Corp. (NasdaqGS: STND) to Dollar Mutual Bancorp.

STANDARD AVB INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Standard AVB Financial Corp. - STND

NEW YORK, Sept. 25, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Standard AVB Financial Corp. (NASDAQ: STND) and its board of directors concerning the proposed acquisition of the company by Dollar Mutual Bancorp. Stockholders will receive...

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