PSB Holdings, Inc. announces semi-annual cash dividend of $0.34 per share

Rhea-AI Summary

PSB Holdings (OTCQX: PSBQ), parent company of Peoples State Bank, has declared a semi-annual cash dividend of $0.34 per share, payable on July 31, 2025, to shareholders of record as of July 11, 2025. This represents a 6.3% increase from the previous dividend of $0.32 per share declared in December 2024. The dividend announcement marks 60 years of continuous cash dividends and 32 consecutive years of dividend increases. CEO Scott M. Cattanach expressed optimism about the company's continued strong financial performance through 2025. PSB Holdings operates through twelve full-service banking locations across Wisconsin counties and provides investment, insurance, and retirement planning services through its Peoples Wealth Management division.

Positive

• Dividend increased by 6.3% from $0.32 to $0.34 per share
• 60-year track record of paying cash dividends
• 32 consecutive years of dividend increases
• Management expresses optimism about continued strong financial performance
• Extensive presence with twelve full-service banking locations across Wisconsin

Negative

• None.

WAUSAU, Wis., June 18, 2025 (GLOBE NEWSWIRE) -- PSB Holdings, Inc. (OTCQX: PSBQ), parent company of Peoples State Bank, is pleased to announce that on June 17, 2025, its Board of Directors declared a regular semi-annual cash dividend of $0.34 per share of the Company’s common stock. The dividend is payable July 31, 2025 to shareholders of record as of July 11, 2025 and represents an increase of 6.3% over the $0.32 per share semi-annual cash dividend declared on December 17, 2024. The current dividend continues a 60-year tradition of cash dividends to PSB shareholders including 32 consecutive years of increased cash dividends declared per share.

PSB President and CEO Scott M. Cattanach said, “We remain optimistic for continued strong financial performance through the end of 2025 and are pleased to announce a $0.34 per share semi-annual cash dividend to holders of our common stock. We thank our shareholders for their continued support.”

About PSB Holdings, Inc.

PSB Holdings, Inc. is the parent company of Peoples State Bank. Peoples is a community bank headquartered in Wausau, Wisconsin, serving northcentral and southeastern Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Milwaukee and Waukesha counties and a loan production office in Dane county. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. PSB Holdings, Inc. is traded under the stock symbol PSBQ on the OTCQX Market. More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about PSB’s business based, in part, on assumptions made by management and include, without limitation, statements with respect to the potential growth of PSB, its future profits, expected stock repurchase levels, future dividend rates, future interest rates, and the adequacy of its capital position. Forward-looking statements can be affected by known and unknown risks, uncertainties, and other factors, including, but not limited to, strength of the economy, the effects of government policies, including interest rate policies, risks associated with the execution of PSB’s vision and growth strategy, including with respect to current and future M&A activity, and risks associated with global economic instability relating to the COVID-19 pandemic and its effect on PSB and Peoples, and their customers, and other risks. The forward-looking statements in this press release speak only as of the date on which they are made and PSB does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.

Investor Relations Contact
PSB Holdings, Inc.
1905 Stewart Avenue
Wausau, WI 54401
888.929.9902
InvestorRelations@bankpeoples.com 

FAQ

What is the new dividend amount for PSB Holdings (PSBQ) and when is it payable?

PSB Holdings declared a semi-annual cash dividend of $0.34 per share, payable on July 31, 2025, to shareholders of record as of July 11, 2025.

How much did PSB Holdings (PSBQ) increase its dividend?

PSB Holdings increased its dividend by 6.3%, from $0.32 to $0.34 per share.

How long has PSB Holdings (PSBQ) been paying dividends?

PSB Holdings has maintained a 60-year tradition of paying cash dividends, including 32 consecutive years of dividend increases.

What is PSB Holdings' (PSBQ) geographical presence in Wisconsin?

PSB Holdings operates twelve full-service banking locations across Marathon, Oneida, Vilas, Portage, Milwaukee and Waukesha counties, plus a loan production office in Dane county.

What services does PSB Holdings (PSBQ) offer besides banking?

Through its Peoples Wealth Management division, PSB Holdings offers investment and insurance products, along with retirement planning services.