Welcome to our dedicated page for Potomac Bancshares news (Ticker: PTBS), a resource for investors and traders seeking the latest updates and insights on Potomac Bancshares stock.
Potomac Bancshares Inc (PTBS) provides investors and stakeholders with centralized access to official corporate announcements and financial developments. This dedicated news hub aggregates all material updates from the community banking leader, including strategic initiatives across its West Virginia, Maryland, and Virginia markets.
Key resources include earnings disclosures, regulatory filings, leadership updates, and operational expansions. Track the company's commercial lending activities, wealth management developments, and branch network enhancements through verified press releases and authorized news coverage.
Users will find chronological updates on mortgage lending innovations, SBA loan program expansions, and risk management practices. The curated collection serves as an essential tool for monitoring the bank's community-focused growth strategy and financial performance indicators.
Bookmark this page for streamlined access to Potomac Bancshares' latest announcements, or subscribe to Stock Titan alerts for real-time updates on significant corporate developments affecting PTBS stakeholders.
Potomac Bancshares, Inc. reported its 2024 first-quarter results, showing a decrease in earnings compared to the previous year due to a loss on sales of securities. Despite slower loan and deposit growth, the company remains focused on operational improvements and strategic initiatives. Total assets and deposits increased, while net interest income slightly decreased. Loan and deposit growth were notable, with improvements in the company's leverage capital ratio and tangible equity ratio. However, non-interest income was down, and expenses increased, primarily due to investments in training and technology. The company announced a 20% increase in dividends, reflecting its commitment to growth.
BCT-Bank of Charles Town promoted Leslie Crabill to Executive Vice President of BCT Wealth and Investments Division. With over 25 years of experience, Leslie will lead the division's strategic expansion and client service in Virginia. She holds various securities and insurance licenses, and is actively involved in community service.
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