FIRST RESOURCE BANCORP, INC. ANNOUNCES QUARTERLY CASH DIVIDEND
Rhea-AI Summary
First Resource Bancorp (OTCQX: FRSB) declared its first regular quarterly cash dividend of $0.02 per share on February 18, 2026. The dividend is payable on March 20, 2026 to shareholders of record as of March 6, 2026.
Management said the initial dividend reflects strong financial performance, balance sheet strength, and a focus on shareholder returns, marking a milestone after twenty years in business.
Positive
- Dividend declared: $0.02 per share
- Payment date: March 20, 2026
- Record date: March 6, 2026
- First regular quarterly dividend after twenty years in business
Negative
- None.
News Market Reaction
On the day this news was published, FRSB declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
President & CEO Lauren C. Ranalli remarked, "Today's announcement of our first regular quarterly cash dividend marks a meaningful milestone for First Resource Bank after twenty years in business. This initial quarterly dividend reflects our strong financial performance, balance sheet strength, and continued focus on shareholder returns. This step underscores the maturity of our franchise and the confidence we have in the foundation we've built."
About First Resource Bancorp, Inc.
First Resource Bancorp, Inc. is the holding company of First Resource Bank. First Resource Bank is a locally owned and operated
This press release contains statements that are not of historical facts and may pertain to future operating results or events or management's expectations regarding those results or events. These are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. These forward-looking statements may include, but are not limited to, statements about our plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts. When used in this press release, the words "expects", "anticipates", "intends", "plans", "believes", "seeks", "estimates", or words of similar meaning, or future or conditional verbs, such as "will", "would", "should", "could", or "may" are generally intended to identify forward-looking statements. These forward-looking statements are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are either beyond our control or not reasonably capable of predicting at this time. In addition, these forward-looking statements are subject to assumptions with respect to future business strategies and decisions that are subject to change. Actual results may differ materially from the results discussed in these forward-looking statements. Readers of this press release are accordingly cautioned not to place undue reliance on forward-looking statements. First Resource Bank disclaims any intent or obligation to update publicly any of the forward-looking statements herein, whether in response to new information, future events or otherwise.
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SOURCE First Resource Bank