HARLEYSVILLE, PA — Harleysville Financial Corporation (OTCQX: HARL) has announced a regular quarterly cash dividend of $0.33 per share on its common stock. The dividend is set to be paid on May 14, 2025, to stockholders of record as of April 30, 2025.
For the second quarter, Harleysville Financial reported net income of $2.13 million, or $0.59 per diluted share, slightly up from $2.11 million, or $0.58 per diluted share, in the same quarter last year. Over the six months ending March 31, 2025, net income totaled $4.14 million, or $1.14 per diluted share, compared to $4.62 million, or $1.27 per diluted share, during the same period in 2024.
Despite market unpredictability, Brendan J. McGill, President and CEO, highlighted consistent growth in the company’s core operations. “Our core banking business has continued to expand in fiscal 2025, net interest margin improved, loans and deposits have outperformed our projections, and our credit quality remains strong,” McGill stated.
The company’s total assets increased to $871.4 million, compared to $847.4 million a year ago. Additionally, stockholders saw a 4.5% rise in tangible book value, which reached $24.40 per share, up from $23.34 last year.
McGill emphasized the company’s ongoing focus on prudent financial practices, including sound capital management, strong underwriting standards, and investing in high-quality assets, as key to sustaining future results.
This update reflects the organization’s commitment to delivering value to stockholders while maintaining stability amid challenging market conditions.
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