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Main Street Financial Services Corp. Declares Quarterly Dividend

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Main Street Financial Services Corp. (OTCQX:MSWV), the holding company parent of Main Street Bank Corp., has declared a quarterly cash dividend of $0.14 per share for the quarter ending September 30, 2024. The dividend will be paid on November 7, 2024 to stockholders of record as of October 18, 2024.

MSWV is a $1.4 billion holding company headquartered in Wooster, Ohio. Its primary subsidiary, Main Street Bank Corp., founded in 1899, provides full-service banking, commercial lending, and mortgage services. The bank operates 19 branch locations in Wooster, Ohio, Wheeling, West Virginia, and other surrounding communities in Ohio and West Virginia.

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Positive

  • Declared quarterly cash dividend of $0.14 per share
  • Company has $1.4 billion in assets
  • Operates 19 branch locations across Ohio and West Virginia

Negative

  • None.

News Market Reaction – MSWV

+0.85%
+0.85% News Effect

On the day this news was published, MSWV gained 0.85%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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WOOSTER, Ohio, Oct. 11, 2024 (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 $0.14 per share of the Company’s common stock for the quarter ending September 30, 2024. The quarterly cash dividend will be paid on November 7, 2024 to stockholders of record as of October 18, 2024.

About MSWV: Main Street Financial Services Corp. is a $1.4 billion holding company headquartered in Wooster, Ohio. Its primary subsidiary, Main Street Bank Corp. was founded in 1899 and provides full-service banking, commercial lending, and mortgage services across its branch infrastructure. Today, Main Street Bank Corp operates 19 branch locations in Wooster, Ohio, Wheeling, West Virginia and other surrounding communities in Ohio and West Virginia. 

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. 
James R. VanSickle II
President and Chief Executive Officer
330-264-5767


FAQ

What is the dividend amount declared by Main Street Financial Services Corp (MSWV) for Q3 2024?

Main Street Financial Services Corp (MSWV) has declared a quarterly cash dividend of $0.14 per share for the quarter ending September 30, 2024.

When will MSWV pay the Q3 2024 dividend?

The quarterly cash dividend will be paid on November 7, 2024 to stockholders of record as of October 18, 2024.

How many branch locations does Main Street Bank Corp, MSWV's subsidiary, operate?

Main Street Bank Corp, the primary subsidiary of MSWV, operates 19 branch locations across Wooster, Ohio, Wheeling, West Virginia, and other surrounding communities in Ohio and West Virginia.

What is the total asset value of Main Street Financial Services Corp (MSWV)?

Main Street Financial Services Corp (MSWV) is a $1.4 billion holding company headquartered in Wooster, Ohio.