SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Declares Quarterly Dividend
Rhea-AI Summary
SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, has declared a quarterly dividend of $0.23 per share of common stock. The dividend will be paid around July 15, 2025, to shareholders of record as of June 16, 2025. This represents a significant 15.0% annualized increase compared to the total dividend declared for fiscal year 2024.
Springs Valley Bank & Trust Company operates in Dubois, Daviess, Gibson, and Orange Counties, providing full-service banking and financial services, including checking and savings accounts, certificates of deposit, electronic services, and various loan options. The company also offers financial advisory services specializing in estate planning, tax planning, and wealth management.
Positive
- 15.0% annualized increase in dividend compared to fiscal year 2024
- Expansion of services across multiple counties (Dubois, Daviess, Gibson, and Orange)
- Diversified revenue streams through full-service banking and financial advisory services
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JASPER, IN / ACCESS Newswire / May 20, 2025 / SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of
The dividend declared is a
For more information contact: Ryan Heim, Treasurer & CFO, SVB&T Corporation, at 812.634.4889 or rheim@svbt.bank.
Springs Valley Bank & Trust Company, is a subsidiary of SVB&T Corporation, headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Springs Valley has locations in Dubois, Daviess, Gibson, and Orange Counties, offering full-service bank and financial services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications and a variety of other loan options. Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.
In addition, the company has a full-service financial advisory group managed by experienced, talented professionals specializing in estate planning, tax planning and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. Trust and Investment products are not deposits; not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the depository institution; not insured by any Federal Government Agency; may lose value - subject to investment risks, including possible loss of the principal amount invested.
Information conveyed in this press release regarding SVB&T Corporation's and its subsidiaries' anticipated future performance is forward-looking and therefore involves risks and uncertainties that could cause the results or developments to differ significantly from those indicated in these statements. These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in general and local banking, as well as mortgage conditions, competitive factors specific to markets in which the company and its subsidiaries operate, future interest rate levels, changes in local real estate markets, legislative and regulatory decisions, capital market conditions and/or other factors.
More information can be found online at www.svbt.bank. The company's stock is traded on the OTCQX trading platform under ticker symbol SVBT (www.otcmarkets.com).
SOURCE: SVB&T Corp.
View the original press release on ACCESS Newswire