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KATAHDIN BANKSHARES CORP - KTHN STOCK NEWS

Welcome to our dedicated news page for KATAHDIN BANKSHARES (Ticker: KTHN), a resource for investors and traders seeking the latest updates and insights on KATAHDIN BANKSHARES.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect KATAHDIN BANKSHARES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of KATAHDIN BANKSHARES's position in the market.

Rhea-AI Summary
Katahdin Bankshares Corp. reports first quarter 2024 results with earnings of $2.04 million and $0.64 per common share. Despite an 18% decrease in net income compared to the previous year, the company remains cautiously optimistic with strong asset quality and total assets above $1 billion.
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Rhea-AI Summary
Katahdin Bankshares Corp. (KTHN), the parent company of Katahdin Trust Company, has released its annual report for 2023. The report highlights the financial performance and key achievements of the company throughout the year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.04%
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Rhea-AI Summary
Katahdin Bankshares Corp. (KTHN) declares a cash dividend of $0.175 per share for the first quarter of 2024, marking a 15.1% increase over the previous year. The dividend will be payable on March 22, 2024, to shareholders of record as of March 15, 2024.
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1.2%
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dividends
Rhea-AI Summary
Katahdin Bankshares Corp. (KTHN) announced its 2023 fourth-quarter earnings of $2.33 million, or $0.73 per common share, with a total net income for 2023 of $9.9 million, an increase of 1.9% over 2022. Total assets reached $1.03 billion, increasing by $16.7 million from the prior quarter. The President and CEO, Jon Prescott, attributed the solid results to good loan growth, a widening of the net interest margin, and continuing asset quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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Rhea-AI Summary
Katahdin Bankshares Corp. (KTHN) announces Stock Buyback Program with up to $2,000,000 of the Company's outstanding shares of Common Stock authorized for repurchase through December 31, 2024.
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End-of-Day
4.52%
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buyback
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Rhea-AI Summary
Katahdin Bankshares Corp. (OTCQX: KTHN) announces a 10.1% increase in cash dividend for Q4 2023, declaring $0.152 per share payable on December 22, 2023, to shareholders of record as of December 15, 2023.
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Katahdin Bankshares Corp. announces solid third-quarter earnings of $2.58 million
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Katahdin Bankshares Corp. declares cash dividend of $0.152 per share for Q3 2023, a 10.1% increase YoY.
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Rhea-AI Sentiment
End-of-Day
-1.07%
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dividends
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Rhea-AI Summary
Katahdin Bankshares Corp. (OTCQX: KTHN) announces strong 2023 second-quarter earnings of $2.48 million, or $0.77 per common share, driven by solid loan growth. President and CEO Jon Prescott highlights historic achievement of surpassing $1 billion in total assets.
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KATAHDIN BANKSHARES CORP

OTC:KTHN

KTHN Rankings

KTHN Stock Data

71.80M
2.88M
Commercial Banking
Finance and Insurance
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United States of America
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