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,…
Great Lake Banker MagazineRichmond 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…
Northwest Bancshares Announces Q4 2022 Earnings, Dividend
COLUMBUS, Ohio, — Northwest Bancshares, Inc. has announced net income for the quarter ended December 31, 2022 of $34.6 million, or $0.27 per diluted share. This represents an increase of $4.6 million, or 15.3%, compared to the same quarter last year, when net income was $30.1 million, or $0.24 per diluted share. Northwest Bancshares’ Board of Directors declared a quarterly cash dividend of $0.20 per share payable…
Marquette National Declares Dividend, Announces Common Stock Repurchase Program
CHICAGO, — The Board of Directors of Marquette National Corporation has declared a cash dividend of $0.28 per share. The dividend will be payable on April 3, 2023 to shareholders of record on March 17, 2023. The Company also announced that its Board of Directors authorized the repurchase of up to $1,000,000 of its outstanding common stock at prevailing market prices through open market…
Lakeland Financial Reports Q4, Year-End Performance
WARSAW, Ind., — Lakeland Financial Corporation, parent company of Lake City Bank, has reported record full year net income of $103.8 million, which represents an increase of $8.1 million, or 8%, compared with net income of $95.7 million for 2021. The company further reported quarterly net income of $26.0 million for the three months ended…
Farmers National Reports Q4 Results
CANFIELD, Ohio — Farmers National Banc Corp. has reported net income of $13.4 million for the three months ended December 31, 2022 compared to $5.7 million for the three months ended December 31, 2021. Net income for the twelve months ended December 31, 2022, totaled $60.6 million compared to $51.8 million for the twelve months ended…
Huntington Bancshares Reports Q4 Results, Declares Dividend
COLUMBUS, Ohio, — Huntington Bancshares Incorporated reported net income for the 2022 fourth quarter of $645 million, or $0.42 per common share, an increase of $244 million, or $0.16 per common share from the year-ago quarter. “We are very pleased with our outstanding financial performance for the fourth quarter which included the fourth consecutive quarter of record PPNR,” said Steve Steinour, chairman, president…
Merchants Bancorp Reports 2022 and Q4 Results
CARMEL, Ind., — Merchants Bancorp, parent company of Merchants Bank of Indiana, has reported fourth quarter 2022 net income of $57.2 million, or diluted earnings per common share of $1.12. This compared to $55.2 million, or diluted earnings per common share of $1.14 in the fourth quarter of 2021, and compared to $58.5 million, or diluted earnings per common share of $1.22 in the…
First Merchants Reports Q4 and 2022 Results
MUNCIE, Ind., — First Merchants Corporation (the “Corporation) has reported fourth quarter 2022 net income available to common stockholders of $70.3 million compared to $47.7 million during the same period in 2021. Full year 2022 net income available to common stockholders was $220.7 million compared to $205.5 million in 2021. Mark Hardwick, Chief Executive Officer,…