Harleysville Financial Corporation (OTCQX: HARL) has announced a significant increase in its quarterly dividend, reflecting a robust performance in its latest financial results. The board of directors approved a cash dividend of $0.35 per share, marking a 6.1% rise. This dividend will be payable on February 25, 2026, to shareholders who are on record by February 11, 2026.
The decision to raise the dividend comes after Harleysville Financial reported a strong fiscal first quarter ending on December 31, 2025. The company recorded a net income of $2.67 million, or $0.74 per diluted share, which represents a substantial 33% increase compared to $2.01 million, or $0.55 per diluted share, in the same period last year.
Strong Financial Performance Drives Growth
President and Chief Executive Officer Brendan J. McGill attributed these results to effective execution across the company’s core business lines. He emphasized that the financial performance was fueled by steady loan growth, an expanding investment portfolio, and a commitment to maintaining asset quality.
“Our solid financial performance this quarter was driven by steady loan growth, expansion in our investment portfolio, and our unwavering commitment to asset quality,” McGill stated. “The board’s decision to increase the dividend reflects our confidence in the strength of our balance sheet and our ongoing ability to create additional value for our shareholders.”
At the end of the quarter, total assets climbed to $940.1 million, up from $861.3 million a year earlier, underscoring the company’s continued growth in loans and investments. Additionally, stockholders’ tangible book value increased to $25.67 per share, compared to $24.13 per share in the previous year.
Community Focus and Future Growth
McGill reiterated the company’s focus on disciplined growth while adhering to its community banking model. “We continue to build the franchise thoughtfully, supporting our customers and communities while maintaining strong capital and liquidity,” he said.
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 throughout the region.
The increase in dividends and the strong financial results position Harleysville Financial as a committed player in the community banking sector, with a clear focus on sustainable growth and shareholder value.
