Welcome to our dedicated page for Thomasville Bancshares news (Ticker: THVB), a resource for investors and traders seeking the latest updates and insights on Thomasville Bancshares stock.
Thomasville Bancshares Inc (THVB) maintains its position as a community-focused financial institution through strategic initiatives in regional banking. This news hub provides investors and stakeholders with essential updates on the company's operations, financial health, and market positioning.
Access timely information about earnings announcements, leadership changes, and regulatory compliance matters. Our curated collection features official press releases alongside third-party analysis of THVB's deposit services expansion, loan portfolio management, and community development programs.
Key updates include quarterly financial disclosures, strategic partnership announcements, and insights into the company's approach to evolving banking regulations. Bookmark this page for continuous access to verified information about THVB's community banking initiatives and financial performance metrics.
Thomasville Bancshares (THVB) reported strong Q1 2025 financial results and declared a cash dividend of $1.25 per share, payable July 2, 2025. The company achieved notable growth with net income of $10.5 million, up 12% year-over-year, and earnings per share of $1.66 (basic) and $1.58 (diluted).
Key performance metrics include:
- Total assets reached $1.899 billion, increasing $156 million from 2024
- Loans grew 11% to $1.592 billion
- Deposits increased 9% to $1.642 billion
- Return on Average Assets: 2.27%
- Return on Average Tangible Equity: 24.27%
- Regulatory Capital: $180 million (9.53% of assets)
TNB Financial's client assets exceeded $4.7 billion. The bank has distributed over $116 million in dividends to local shareholders over the past 25 years.
Thomasville Bancshares (THVB) reported strong financial results for 2024, achieving record earnings with net income of $39.27 million, a 17% increase from 2023's $33.55 million. The company posted earnings per share of $6.11 (basic) and $5.92 (diluted), with a return on average assets of 2.20% and return on average tangible equity of 24.16%.
Total assets reached $1.891 billion, growing by $245 million. Loans increased by 9% to $1.539 billion, while deposits grew 16% to $1.648 billion. The company's regulatory capital increased to $169 million, and total dividends paid increased 15% to $2.30. TNB Financial's client assets exceeded $4.7 billion.
Thomasville Bancshares (OTCPK:THVB) has declared a cash dividend of $1.25 per share, payable on December 13, 2024, to shareholders of record as of December 3, 2024. The total dividend for 2024 amounts to $2.30, marking a 15% increase from the 2023 dividend of $2.00. The company has distributed over $108 million in dividends to local shareholders over the past twenty-five years, demonstrating its commitment to sharing earnings with the community.
Thomasville Bancshares (OTC PINK: THVB) reported strong Q3 2024 financial results. Net income reached $9.39 million, up 11% from Q3 2023. Year-to-date net income increased 11% to $28.95 million. The company achieved earnings per share of $4.53 (basic) and $4.36 (diluted) for the first nine months. Total assets grew to $1.816 billion, with loans increasing 11% to $1.514 billion and deposits rising 16% to $1.573 billion. The company maintained strong regulatory capital of $167 million and paid a $6.9 million cash dividend ($1.05 per share). TNB Financial's client assets exceeded $4.7 billion.
Thomasville Bancshares, Inc. (OTC PINK: THVB) reported strong financial results for Q2 2024. Net income increased 15% to $10,206,006, while year-to-date net income rose 10% to $19,563,994. Earnings per share for the first six months were $3.10. The company achieved impressive YTD returns, with a 2.28% Return on Average Assets and a 25.06% Return on Average Tangible Equity.
Total assets grew to $1.765 billion, up $185 million year-over-year. Loans increased by 10.3% to $1.472 billion. The company's regulatory capital stood at $166 million, representing 9.51% of assets. TNB Financial, the company's trust and investment services provider, now manages over $4 billion in client assets.