First Merchants Announces Dividend
MUNCIE, Ind., — First Merchants Corporation has declared a cash dividend of $0.32 per share on its shares of common stock. The dividend is payable on March 17, 2023, to shareholders of record as of March 3, 2023.
Great Lake Banker MagazineHV Bancorp, Inc. Reports Results for the Year Ended December 31, 2022
DOYLESTOWN, Pa., HV Bancorp, Inc., the holding company of Huntingdon Valley Bank, has reported operating results for the Company for the year ended December 31, 2022. Net income for the year ended December 31, 2022, was $2.2 million versus net income of $4.1 million for the year ended December 31, 2021. For 2022, net interest…
M&T Reports Q4 and 2022 Results, Declares Dividend
BUFFALO, N.Y., — M&T Bank Corporation has reported its results of operations for the full year and quarter ended December 31, 2022. Net income was $765 million in the recent quarter, $458 million in the fourth quarter of 2021 and $647 million in the third 2022 quarter. The annualized rate of return on average assets…
CF Bankshares Posts Q4 and 2022 Results
COLUMBUS, Ohio, — CF Bankshares Inc., the parent of CFBank, has announced net income of $4.7 million ($0.72 per share) for Q4 2022 which represents a 10% increase over Q3 2022. For the full year 2022, net income was $18.2 million ($2.78 per share) and PPNR was $23.4 million. The board of directors declared a cash dividend of $0.05 per share that became payable on January 31, 2023 to…
Isabella Bank Reports Record Year
MT. PLEASANT, Mich., — Isabella Bank Corporation reported record net income, net interest income and earnings per share for the year ended December 31, 2022. Fourth quarter net income was $6.3 million, surpassing $4.8 million for the same period in 2021, resulting in net income of $22.2 million in 2022, up 14% from $19.5 million reported in 2021. Earnings per common share were $0.84 in the…
Civista Bancshares, Inc. Announces Results
SANDUSKY, Ohio, — Civista Bancshares, Inc. has announced unaudited financial results for the three and twelve month periods ending December 31, 2022. Net income was $12.1 million, or $0.77 per diluted share, for the fourth quarter of 2022, compared to $11.0 million, or $0.73 per diluted share, for the fourth quarter of 2021. Net income was $39.4 million, or $2.60 per diluted share, compared to $40.5 million,…
QCR Holdings, Declares Dividend
MOLINE, Ill., — The board of directors of QCR Holdings, Inc. has declared a cash dividend of $0.06 per share payable on April 5, 2023, to holders of common stock of the Company of record on March 17, 2023.
Juniata Valley Financial Announces Results
MIFFLINTOWN, Pa., — Juniata Valley Financial Corp. has announced net income for the year ended December 31, 2022 of $8.3 million, an increase of 26.0%, compared to net income of $6.6 million for the year ended December 31, 2021. Earnings per share, basic and diluted, increased 25.8%, to $1.66, for the year ended December 31,…
Richmond Mutual Increases Dividend
RICHMOND, Ind., — The Board of Directors of Richmond Mutual Bancorporation, Inc.R has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.14 per share, which represents a 40% increase over the $0.10 per share quarterly dividend declared in November 2022. The cash dividend will be payable on March 16, 2023 to stockholders of record as of the close of…
Ohio Valley Banc Corp. Reports Earnings, Dividend
GALLIPOLIS, Ohio, — Ohio Valley Banc Corp. has reported consolidated net income for the quarter ended December 31, 2022, of $3,524,000, an increase of $1,220,000, or 53.0%, from the same period the prior year. Earnings per share for the fourth quarter of 2022 were $.74 compared to $.48 for the prior year fourth quarter. For the year ended December 31, 2022, net income totaled $13,338,000, an…