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. reports news as the OTCQX-traded parent company of Katahdin Trust Company, a full-service community bank in Maine founded in 1918. Company updates center on quarterly and annual earnings, loan and deposit growth, asset trends, and financial reports for its community banking operations serving northern Maine and the greater Bangor and Portland regions.
Recurring announcements also include cash dividend declarations, share repurchase authorizations, annual report publication, and other shareholder-related capital actions tied to the company’s common stock.
Katahdin Bankshares Corp. (OTCQX: KTHN) has declared a cash dividend of $0.125 per share for Q2 2021, marking a 5.5% increase year-over-year. The dividend will be payable on June 23, 2021, to shareholders of record as of June 16, 2021. The community bank, founded in 1918, serves northern Maine and has over $941 million in assets with 16 branch offices. Katahdin Trust was recognized as one of the Best Places to Work in Maine for three consecutive years.
Katahdin Bankshares Corp. (OTCQX: KTHN) announced first-quarter earnings of $2.37 million, translating to $0.72 per share. Total assets reached $941.4 million as of March 31, 2021, marking an increase of $4.4 million since year-end and $37.7 million year-over-year. The bank facilitated $21.2 million in Paycheck Protection Program loans, underscoring its commitment to supporting local customers. Celebrating over a century of service, Katahdin Trust continues to impact the northern Maine community positively.
Katahdin Bankshares Corp. (OTCQX: KTHN) has released its annual report for 2020, detailing its financial performance and highlighting its status as a community bank in northern Maine. As of December 31, 2020, the company holds over $937 million in assets and operates 16 banking offices across Aroostook, Penobscot, and Cumberland counties. The bank, employing nearly 180 staff, was recognized as one of the Best Places to Work in Maine for three consecutive years. The full report can be accessed through their official website.
Katahdin Bankshares Corp. (OTCQX: KTHN) declared a cash dividend of $0.125 per share for Q1 2021, representing a 5.5% increase from the previous year. This dividend will be payable on March 23, 2021 to shareholders on record as of March 16, 2021. The community bank, headquartered in Houlton, Maine, has over $937 million in assets and operates 16 banking offices across northern Maine. It has been recognized as one of the Best Places to Work in Maine for three consecutive years.
Katahdin Bankshares Corp. (OTCQX: KTHN), based in Houlton, Maine, has declared a cash dividend of $0.1185 per share for Q3 2020, marking a 5.33% increase from the previous year. This dividend will be payable on September 22, 2020 to shareholders on record as of September 15, 2020. The company is recognized for its community banking services, operating since 1918, with a strong presence in northern Maine and the greater Bangor and Portland areas.