Calvin B. Taylor Bankshares, Inc. Announces Increase in Quarterly Cash Dividend to $0.37 per Share
Calvin B. Taylor Bankshares (OTCQX:TYCB) has announced a quarterly cash dividend increase to $0.37 per share for Q1 2025, representing a 2.8% increase from the previous quarter and a 5.7% rise year-over-year. The dividend will be paid on May 1, 2025, to stockholders of record as of April 21, 2025.
CEO M. Dean Lewis highlighted the company's commitment to providing stable returns to stockholders despite market volatility. He noted that successful growth in loans and deposits during 2024 has positioned the bank with a strong balance sheet and ample liquidity for executing strategic priorities aimed at maximizing earnings and stockholder value.
Calvin B. Taylor Bankshares (OTCQX:TYCB) ha annunciato un aumento del dividendo in contante trimestrale a $0,37 per azione per il primo trimestre del 2025, che rappresenta un incremento del 2,8% rispetto al trimestre precedente e un aumento del 5,7% rispetto all'anno precedente. Il dividendo sarà pagato il 1° maggio 2025 agli azionisti registrati al 21 aprile 2025.
Il CEO M. Dean Lewis ha sottolineato l'impegno dell'azienda a fornire ritorni stabili agli azionisti nonostante la volatilità del mercato. Ha osservato che la crescita positiva dei prestiti e dei depositi durante il 2024 ha posizionato la banca con un bilancio solido e una liquidità adeguata per l'esecuzione delle priorità strategiche volte a massimizzare i guadagni e il valore per gli azionisti.
Calvin B. Taylor Bankshares (OTCQX:TYCB) ha anunciado un aumento del dividendo en efectivo trimestral a $0.37 por acción para el primer trimestre de 2025, lo que representa un incremento del 2.8% con respecto al trimestre anterior y un aumento del 5.7% en comparación con el año anterior. El dividendo se pagará el 1 de mayo de 2025 a los accionistas registrados a partir del 21 de abril de 2025.
El CEO M. Dean Lewis destacó el compromiso de la empresa de proporcionar retornos estables a los accionistas a pesar de la volatilidad del mercado. Señaló que el crecimiento exitoso en préstamos y depósitos durante 2024 ha posicionado al banco con un balance sólido y una liquidez suficiente para ejecutar prioridades estratégicas destinadas a maximizar las ganancias y el valor para los accionistas.
칼빈 B. 테일러 뱅크셰어즈 (OTCQX:TYCB)는 2025년 1분기 주당 $0.37의 분기 현금 배당금 인상을 발표했습니다. 이는 이전 분기 대비 2.8% 증가하며, 전년 대비 5.7%의 상승을 나타냅니다. 배당금은 2025년 5월 1일에 2025년 4월 21일 기준 주주에게 지급될 예정입니다.
CEO M. Dean Lewis는 시장의 변동성에도 불구하고 주주에게 안정적인 수익을 제공하겠다는 회사의 의지를 강조했습니다. 그는 2024년 동안 대출 및 예금의 성공적인 성장으로 인해 은행이 강력한 재무 상태와 충분한 유동성을 확보하여 수익 극대화와 주주 가치를 위한 전략적 우선 사항을 실행할 수 있게 되었다고 언급했습니다.
Calvin B. Taylor Bankshares (OTCQX:TYCB) a annoncé une augmentation du dividende en espèces trimestriel à 0,37 $ par action pour le premier trimestre de 2025, ce qui représente une augmentation de 2,8 % par rapport au trimestre précédent et une hausse de 5,7 % par rapport à l'année précédente. Le dividende sera versé le 1er mai 2025 aux actionnaires enregistrés au 21 avril 2025.
Le PDG M. Dean Lewis a souligné l'engagement de l'entreprise à fournir des rendements stables aux actionnaires malgré la volatilité du marché. Il a noté que la croissance réussie des prêts et des dépôts en 2024 a permis à la banque de se doter d'un bilan solide et d'une liquidité suffisante pour exécuter des priorités stratégiques visant à maximiser les bénéfices et la valeur pour les actionnaires.
Calvin B. Taylor Bankshares (OTCQX:TYCB) hat eine Erhöhung der vierteljährlichen Bardividende auf $0,37 pro Aktie für das erste Quartal 2025 angekündigt, was einem Anstieg von 2,8% gegenüber dem vorherigen Quartal und einem Anstieg von 5,7% im Vergleich zum Vorjahr entspricht. Die Dividende wird am 1. Mai 2025 an die Aktionäre ausgezahlt, die am 21. April 2025 registriert sind.
CEO M. Dean Lewis hob das Engagement des Unternehmens hervor, den Aktionären trotz der Marktschwankungen stabile Renditen zu bieten. Er stellte fest, dass das erfolgreiche Wachstum bei Krediten und Einlagen im Jahr 2024 die Bank in eine starke Bilanz und ausreichende Liquidität versetzt hat, um strategische Prioritäten zur Maximierung der Erträge und des Aktionärswerts umzusetzen.
- Quarterly dividend increased by 2.8% to $0.37 per share
- Year-over-year dividend growth of 5.7%
- Strong balance sheet and ample liquidity reported
- Successful growth in loans and deposits during 2024
- Ongoing financial market volatility noted
- Concerns about economic outlook mentioned
BERLIN, MD / ACCESS Newswire / April 11, 2025 / Calvin B. Taylor Bankshares, Inc. (OTCQX:TYCB), parent company of Calvin B. Taylor Bank, announced that the Board of Directors declared a regular quarterly cash dividend of
"The increase of the quarterly dividend continues our history of providing a meaningful and stable cash return to our stockholders, despite ongoing financial market volatility and concerns about the economic outlook," said M. Dean Lewis, Chief Executive Officer and President. "Our success of growing loans and deposits in 2024 has carried us into 2025 with a strong balance sheet, ample liquidity, and will allow us to continue executing strategic priorities to maximize earnings and stockholder value."
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About Calvin B. Taylor Bank
Calvin B. Taylor Bank, the bank subsidiary of Calvin B. Taylor Bankshares, Inc. (OTCQX: TYCB), founded in 1890, offers a wide range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. Calvin B. Taylor Bank has 12 banking locations in Maryland, Delaware, and Virginia on the Delmarva Peninsula.
Contact
Philip E. O'Neil, Chief Financial Officer and Executive Vice President
410-641-1700, taylorbank.com
SOURCE: Calvin B. Taylor Bankshares, Inc.
View the original press release on ACCESS Newswire
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