Member FDICFDIC-Insured - Backed by the full faith and credit of the U.S. Government
Login

News Release: Alpine Banks of Colorado announces common shareholder dividend

NEWS RELEASE

FOR IMMEDIATE RELEASE

April 10, 2025

Contact:

Eric Gardey, Chief Financial Officer
Alpine Banks of Colorado
(970) 384-3257
[email protected]

Alpine Banks of Colorado announces common shareholder dividend

GLENWOOD SPRINGS, Colo., April 10, 2025 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) announced today that a quarterly cash dividend of $0.21 per Class B nonvoting common share will be paid on April 28, 2025, to shareholders of record at the close of business on April 21, 2025. Per the Articles of Incorporation, dividends on the Class B nonvoting common stock shall be declared by the Board of Directors equal to one-one-hundred-fiftieth (1/150th) of the amount per share declared by the Board of Directors for each share of Class A voting common stock. Alpine Banks of Colorado Class B nonvoting common shares are publicly traded on the OTCQX® Best Market under the symbol “ALPIB.”

Additionally, a quarterly cash dividend of $31.50 per Class A voting common share will be paid on April 28, 2025, to shareholders of record at the close of business on April 21, 2025. Alpine Banks of Colorado Class A voting common shares are not publicly traded.

The dividend of $31.50 per Class A voting common share and $0.21 per Class B nonvoting common share is unchanged from the dividend paid in the previous quarter.

About Alpine Bank

Alpine Bank is a $6.5 billion independent, employee-owned organization founded in 1973 with headquarters in Glenwood Springs, Colorado. Alpine Bank employs 890 people and serves 170,000 customers with personal, business, wealth management*, mortgage and electronic banking services across Colorado’s Western Slope, mountains and Front Range. Alpine Bank has a five-star rating — meaning it has earned a superior performance classification — from BauerFinancial, an independent organization that analyzes and rates the performance of financial institutions in the United States. Shares of the Class B Nonvoting Common Stock of Alpine Banks of Colorado trade under the symbol “ALPIB” on the OTCQX® Best Market. Learn more at alpinebank.com/media.
*Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.

Author

  • Alpine Bank Staff
    Author:

    Alpine Bank is an independent, employee-owned organization with headquarters in Glenwood Springs and banking offices across Colorado’s Western Slope, mountains and Front Range.