Welcome to our dedicated page for Psb Holdings news (Ticker: PSBQ), a resource for investors and traders seeking the latest updates and insights on Psb Holdings stock.
PSB Holdings, Inc. (OTCQX: PSBQ) is the parent company of Peoples State Bank, a community bank headquartered in Wausau, Wisconsin and serving northcentral and southeastern Wisconsin. This news page aggregates company-issued updates and market coverage related to PSB’s commercial banking operations, financial performance, and shareholder actions.
Readers can expect regular earnings announcements in which PSB discusses net interest income, net interest margin, noninterest income, noninterest expenses, loan growth, deposit trends, and asset quality metrics such as non-performing assets and the allowance for credit losses. These releases often highlight changes in loan yields, deposit and borrowing costs, and the composition of the loan portfolio across commercial real estate, commercial and industrial, construction and development, residential real estate, agricultural, municipal, and consumer loans.
PSB’s news flow also includes dividend declarations, where the company has emphasized a multi-decade tradition of cash dividends and more than 30 consecutive years of increased cash dividends declared per share. Recent announcements describe semi-annual cash dividends and plans to transition to quarterly dividend payments beginning after the first quarter of 2026.
Additional updates may cover capital and balance sheet developments, such as stock repurchase activity, tangible book value per share, FHLB advances, brokered deposit usage, and liquidity levels. PSB has also reported on acquisitions affecting its wealth management activities, including the purchase of a financial advisory firm that expanded Peoples Wealth Management.
For investors and observers of regional and community banks, this page offers a centralized view of PSB’s public communications, helping to track how management describes operating conditions, credit quality, funding mix, and its approach to shareholder returns over time.
PSB Holdings, parent of Peoples State Bank, declared a semi-annual cash dividend of $0.32 per share, reflecting a 6.7% increase over the previous dividend of $0.30 per share. The dividend will be paid on July 31, 2024, to shareholders recorded by July 11, 2024. This marks the 31st consecutive year of increased dividends, continuing a 60-year tradition. CEO Scott M. Cattanach credited the company's solid quarterly performance for enabling this dividend. PSB Holdings is traded under the stock symbol PSBQ on the OTCQX Market, serving multiple counties in Wisconsin through its various banking and financial service locations.
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PSB Holdings, Inc. (OTCQX: PSBQ) reported first quarter earnings of $0.67 per share, with net income of $2.9 million, down from $0.80 per share and $3.5 million in the prior quarter. Year-over-year, earnings also decreased from $0.75 per share on $3.3 million net income. Key factors included a decrease in net interest income to $9.9 million, attributed to rising deposit costs. However, annualized loan growth was 4.7%, and non-interest income rose to $2.0 million. The bank's return on shareholders' equity stood at 12.5%. Non-performing assets improved, decreasing to 0.45% of total assets. Despite a 3.6% decline in total deposits, management noted this was not primarily due to concerns over bank failures but seasonal and operational factors.
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