Harleysville Financial Corporation (OTCQX: HARL) has announced a notable increase in its quarterly dividend, following a significant rise in net earnings. The company declared a cash dividend of $0.35 per share, reflecting a 6.1% increase. This dividend is payable on February 25, 2026, to shareholders on record as of February 11, 2026.
The decision comes after a robust performance in the first fiscal quarter ending December 31, 2025. Harleysville Financial reported a net income of $2.67 million, equating to $0.74 per diluted share. This marks a significant rise from the previous year’s net income of $2.01 million, or $0.55 per diluted share, translating to a 33% increase in profit.
Strong Financial Performance and Future Outlook
Brendan J. McGill, President and Chief Executive Officer, attributed these positive results to the effective execution of the company’s core business strategies. He stated, “Our solid financial performance this quarter was driven by steady loan growth, expansion in our investment portfolio, and our unwavering commitment to asset quality.”
The board’s decision to increase the dividend illustrates confidence in the company’s financial health and its capacity to generate further value for shareholders. McGill expressed optimism regarding the firm’s continued growth trajectory, emphasizing the importance of maintaining a disciplined approach while adhering to its community banking model.
As of the end of the quarter, total assets reached $940.1 million, compared to $861.3 million from the same period last year. This growth has been supported by an increase in both loans and investments. Additionally, stockholders’ tangible book value rose to $25.67 per share, up from $24.13 at the end of the previous year.
Commitment to Community Banking
Harleysville Financial serves as the holding company for Harleysville Bank, a Pennsylvania-chartered and federally insured community bank. The bank operates six full-service offices in Montgomery County and one in Bucks County, offering a range of traditional banking services to individuals, businesses, and local organizations.
McGill reiterated the company’s commitment to thoughtful growth, stating, “We continue to build the franchise thoughtfully, supporting our customers and communities while maintaining strong capital and liquidity.” As Harleysville Financial moves forward, its focus remains on enhancing its services while fostering strong relationships within the community.
This increase in dividend and the continued growth of Harleysville Financial reflects a positive trend for the company, highlighting its strong financial foundation and commitment to shareholder value.
