Welcome to our dedicated page for Katahdin Bankshr news (Ticker: KTHN), a resource for investors and traders seeking the latest updates and insights on Katahdin Bankshr stock.
Katahdin Bankshares Corp. (OTCQX: KTHN) is the parent company of Katahdin Trust Company, a full-service community bank founded in 1918 and serving northern Maine and the greater Bangor and Portland regions. This news page brings together company-issued updates that highlight how the bank holding company and its community banking subsidiary are performing and managing capital over time.
Readers can find regular earnings announcements in which Katahdin Bankshares Corp. reports quarterly results for Katahdin Trust Company. These releases discuss net income, changes in earnings compared with prior quarters and prior-year periods, and trends in total assets, loans, and deposits. Management commentary in these updates often references factors such as net interest income, operating expenses, loan growth, asset quality, core deposit growth, and net interest margin, providing insight into the drivers of performance for this regional banking organization.
The news feed also features dividend declarations, where the company announces its quarterly cash dividend per share and notes percentage increases over the same quarter of the previous year. These items help investors track the consistency and growth of shareholder distributions. In addition, news items cover capital actions such as the Stock Buyback Program, which authorizes the repurchase of a specified dollar amount of common stock over a defined period, including potential purchases through the Employee Stock Ownership Plan.
Alongside these financial and capital management updates, the company announces the availability of its annual report and quarterly financial reports, directing shareholders to resources where they can review more detailed information. By following this page, users can monitor Katahdin Bankshares Corp.’s reported financial performance, dividend activity, and share repurchase plans as communicated in its official news releases.
Katahdin Bankshares (OTCQX: KTHN) announced a Stock Buyback Program authorizing up to $2,000,000 of common stock repurchases through December 31, 2026. Purchases may be made by the company or by the bank's Employee Stock Ownership Plan (ESOP) in the open market, via block trades, or through privately negotiated transactions.
Repurchases are discretionary, may be commenced or suspended at any time, and there is no assurance as to the number of shares or prices at which purchases will occur. The Board may alter, extend, or terminate the program without prior notice.
Katahdin Bankshares Corp. (OTCQX: KTHN) declared a cash dividend of $0.2025 per share for the fourth quarter of 2025. The dividend is payable on December 22, 2025 to shareholders of record as of December 15, 2025.
This distribution represents a 15.7% increase versus the prior year's fourth-quarter dividend.
Katahdin Bankshares Corp. (OTCQX: KTHN) reported third-quarter 2025 net income of $2.65 million, or $0.84 per common share. This result was an increase of $135,000 (5.3%) versus the prior quarter and a 17.4% year‑over‑year increase versus Q3 2024. Total assets were reported at $1.09 billion, a $41 million rise from the same period in 2024. Management commented positively on the quarter and noted expectations to finish the year strong. For the full quarterly financial report, visit the company's shareholder relations financial reports page.
Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, has announced a quarterly cash dividend of $0.2025 per share for Q3 2025. The dividend will be paid on September 22, 2025, to shareholders of record as of September 15, 2025. Notably, this dividend payment represents a significant 15.7% increase compared to the third-quarter dividend of the previous year.
Katahdin Bankshares Corp. (OTCQX: KTHN), parent company of Katahdin Trust Company, reported strong financial results for Q2 2025. The company achieved earnings of $2.52 million, or $0.79 per common share, marking a 6.1% increase from the previous quarter and a substantial 26.1% growth compared to Q2 2024.
The Maine-based community bank's total assets reached $1.09 billion, representing an increase of approximately $49 million compared to the same period in 2024. CEO Jon J. Prescott expressed satisfaction with the results and optimism for continued growth through 2025.
Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, has declared a quarterly cash dividend of $0.2025 per share for Q2 2025. The dividend will be paid on June 20, 2025, to shareholders of record as of June 13, 2025. Notably, this dividend payment represents a significant 15.7% increase compared to the second-quarter dividend from the previous year.
Katahdin Bankshares reported strong first-quarter 2025 financial results, with earnings reaching $2.38 million, or $0.75 per common share. The company demonstrated significant growth with a 35.6% increase from the previous quarter and a 16.5% rise compared to Q1 2024.
The Maine-based community bank's total assets grew to $1.08 billion, marking a $54.5 million increase from the same period in 2024. CEO Jon J. Prescott attributed this success to the team's strategic efforts and hard work.
Founded in 1918, Katahdin Trust Company, trading under KTHN on OTCQX, continues to serve as a full-service community bank in Maine, showing robust financial health and consistent growth in early 2025.
Katahdin Bankshares Corp. (OTCQX: KTHN), the parent company of Katahdin Trust Company, has released its annual report for the fiscal year ending December 31, 2024. The community bank, which serves northern Maine and the greater Bangor and Portland regions, has made the 2024 Annual Report accessible to shareholders and the public through their website at KatahdinTrust.com/Shareholder-Relations#Annual-Reports.
Katahdin Bankshares Corp. (OTCQX: KTHN) has announced a quarterly cash dividend of $0.2025 per share for the first quarter of 2025. The dividend represents a significant 15.7% increase compared to the first-quarter dividend of the previous year. Shareholders of record as of March 14, 2025, will receive the dividend payment on March 21, 2025.
Katahdin Bankshares Corp. (OTCQX: KTHN) reported fourth-quarter 2024 earnings of $1.755 million, or $0.55 per common share. The company's full-year 2024 net income totaled $8.06 million, marking an 18.6% decrease ($1.84 million) from the previous year. The decline was attributed to lower net interest income and increased operating expenses.
Despite the earnings decline, the bank reported several positive developments: total assets grew 4.5% to $1.08 billion, loans increased by $25.6 million, and deposits rose by $33.6 million as of December 31, 2024. The company also highlighted continued loan growth, solid asset quality, core deposit growth, and a stabilizing net interest margin.
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