Main Street Financial Services Corp. Declares a 7% Increase in the Quarterly Dividend
Rhea-AI Summary
Main Street Financial Services Corp. (OTCQX:MSWV) declared a quarterly cash dividend of $0.15 per share for the quarter ended December 31, 2025, a 7% increase (+$0.01) versus the prior quarter. The dividend is payable on February 6, 2026 to shareholders of record as of January 26, 2026. The company is a $1.5 billion holding company headquartered in Wooster, Ohio, with 20 branch locations across Ohio and West Virginia. Management cited consistent core earnings, relationship-driven banking, and disciplined risk management as reasons for the increase.
Positive
- Dividend increased by 7% to $0.15 per share
- Dividend payable on February 6, 2026 with record date January 26, 2026
- Company reported total assets of $1.5 billion
- Branch footprint of 20 locations in Ohio and West Virginia
Negative
- Absolute dividend rise is modest at only $0.01 per share
- No forward-looking guidance or dividend policy change disclosed
News Market Reaction
On the day this news was published, MSWV declined 1.15%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
WOOSTER, Ohio, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Main Street Financial Services Corp. (OTCQX:MSWV), (the “Company”), the holding company parent of Main Street Bank Corp. (the “Bank) has declared a cash dividend of
Chair, President and CEO Mark R. Witmer commented, “Our consistent core earnings highlight the strength of our banking franchise and the continued confidence of our customers. We remain focused on relationship-driven banking, disciplined risk management, and delivering long-term value to our shareholders, as reflected by the Board’s decision to increase the dividend by
About MSWV: Main Street Financial Services Corp. is a
Statements contained in this news release which are not historical facts may be forward- looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated due to a number of factors. Factors which could result in material variations include, but are not limited to, changes in interest rates which could affect net interest margins and net interest income, competitive factors which could affect net interest income and noninterest income, changes in demand for loans, deposits and other financial services in the Company's market area; changes in asset quality, general economic conditions as well as other factors discussed in documents filed by the Company from time to time. The Company undertakes no obligation to update these forward-looking statements to reflect events or circumstances that occurred after the date on which such statements were made.
Contact:
Main Street Financial Services Corp.
Mark R. Witmer
Chair, President and Chief Executive Officer
330-264-5767