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 reports recurring developments tied to its role as the OTCQX-traded holding company for Harleysville Bank, a Pennsylvania chartered and federally insured community bank established in 1915. Company news centers on quarterly and fiscal-year earnings, regular cash dividends on common stock, and operating measures for the bank’s local deposit and lending franchise.
Updates commonly discuss loan and deposit trends, net interest margin, investment portfolio activity, asset quality, capital levels, and expense discipline. News also includes management changes within the bank, including commercial lending leadership, and references its full-service offices in Montgomery County and Bucks County, Pennsylvania.
Harleysville Financial Corporation (OTCQX:HARL) declared a quarterly cash dividend of $0.29 per share, payable on August 17, 2022. The company's Q3 net income reached $2,216,000 ($0.59 per diluted share), up from $1,582,000 ($0.42) year-over-year. Year-to-date net income for the nine months ending June 30, 2022, was $5,898,000 ($1.57 per diluted share), slightly higher than $5,738,000 ($1.52) in the same period last year. Total assets rose to $928.7 million, a 2.2% increase from $904.7 million a year ago. The company's tangible book value improved to $22.33 per share, reflecting a 3.3% increase.
Harleysville Financial Corporation (OTCQX:HARL) declared a quarterly cash dividend of $.29 per share, payable on May 18, 2022. For Q2, net income was $1,827,000 ($.49 per diluted share), a decrease from $2,054,000 ($.54 per diluted share) in the same quarter last year. For the six months ending March 31, 2022, net income decreased to $3,682,000 ($0.98 per diluted share) from $4,156,000 ($1.10 per diluted share) the previous year. The Company’s assets rose to $917.6 million, while tangible book value increased 2.5% to $22.04 per share, reflecting solid earnings and balance sheet growth despite challenges from margin compression and COVID-19 impacts.
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.