Welcome to our dedicated page for Harleysville news (Ticker: HARL), a resource for investors and traders seeking the latest updates and insights on Harleysville stock.
Harleysville Financial Corporation (OTCQX: HARL) is the holding company for Harleysville Bank, a Pennsylvania chartered and federally insured savings bank headquartered in Harleysville, Pennsylvania. This news page aggregates the company’s public announcements and earnings updates related to its banking operations in Montgomery and Bucks Counties, Pennsylvania.
Company news releases frequently cover quarterly and annual earnings, including net income, net interest income, interest rate spread, and return on average assets and equity. They also highlight trends in total assets, total loans receivable net of loan loss reserves, total deposits, advances, and stockholders’ equity. Regular disclosures include detailed tables of selected consolidated earnings data and selected consolidated financial data.
Investors following HARL news can review announcements of regular quarterly cash dividends and, at times, special cash dividends on the company’s common stock. These releases provide information on dividend amounts, payment dates, and record dates, along with management commentary linking dividend decisions to earnings performance and balance sheet strength.
News items also feature management’s perspective on interest rate environments, net interest margin compression, loan and deposit growth, asset quality, and capital levels. In addition, the company has reported changes in its executive management team, such as the creation of a Senior Vice President and Senior Commercial Loan Officer role at Harleysville Bank. By reviewing this news feed, readers can see how Harleysville Financial Corporation describes its financial results, risk considerations, and organizational developments over time.
Harleysville Financial Corporation (OTCQX:HARL) announced a quarterly cash dividend of $0.29 per share, marking a 3.6% increase from the previous dividend. This payment will be made on February 23, 2022, to shareholders recorded by February 9, 2022. For Q1 2022, net income was reported at $1,856,000 ($0.49 per diluted share), down from $2,102,000 ($0.56 per diluted share) year-over-year. The company's assets grew to $908.9 million from $873.4 million, with tangible book value rising to $21.90 per share, up from $21.23.
Harleysville Financial Corporation (OTCQX:HARL) announced a quarterly cash dividend of $0.28 per share, payable on November 17, 2021. For the year ending September 30, 2021, net income reached $7.28 million, or $1.93 per diluted share, up from $7.11 million, or $1.87 per diluted share in the prior year. The fourth quarter net income was $1.55 million, down from $1.79 million year-over-year. The company reported total assets of $892.6 million, a 4.2% year-over-year increase, with a book value of $21.69 per share. CEO Brendan J. McGill expressed optimism for the future despite challenges from low interest rates and COVID-19.
Harleysville Financial Corporation (OTCQX:HARL) declared a quarterly cash dividend of $0.28 per share, payable on August 18, 2021. The company's net income for Q3 was $1,582,000 ($0.42 per diluted share), slightly down from $1,611,000 ($0.43 per diluted share) last year. For the nine months ending June 30, 2021, net income rose to $5,738,000 ($1.52 per diluted share) from $5,317,000 ($1.40 per diluted share) year-over-year, boosted by $1,009,000 from SBA PPP fee income. Total assets increased to $904.7 million, with tangible book value up 4.1% to $21.61 per share.
Harleysville Financial Corporation (OTCQX:HARL) announced a quarterly cash dividend of $.28 per share, payable on May 19, 2021. The company reported a second-quarter net income of $2,054,000 ($.54 per diluted share), up from $1,800,000 ($.47 per diluted share) last year. For the first half of 2021, net income rose to $4,156,000 ($1.10 per diluted share) compared to $3,706,000 ($.97 per diluted share) in 2020. The company reported a significant increase in total assets to $904.5 million and a tangible book value growth of 4.5% to $21.50 per share, highlighting a robust financial position amidst economic challenges.
Harleysville Financial Corporation (OTCQX: HARL) has announced a 3.7% increase in its regular cash dividend, now set at $.28 per share. This increase from the previous dividend was attributed to strong financial results. For Q1 2021, net income rose to $2,102,000 or $.56 per diluted share, up from $1,906,000 or $.50 per diluted share a year prior. Assets reached $873.4 million, compared to $784.5 million last year, and tangible book value increased to $21.23 per share from $20.51.
Harleysville Financial Corporation (OTCQX:HARL) announced a quarterly cash dividend of $.28 per share, marking a 3.7% increase from the previous dividend. The dividend will be payable on February 24, 2021, to stockholders of record as of February 10, 2021. For Q4 2020, net income rose to $2,102,000 ($.56 per diluted share), up from $1,906,000 ($.50 per diluted share) year-over-year. The company's assets increased to $873.4 million from $784.5 million, and tangible book value per share rose to $21.23, up from $20.51 a year ago.