First Keystone Corporation Announces Fourth Quarter Dividend
First Keystone (OTC PINK: FKYS) has declared a $0.28 per share quarterly cash dividend, payable December 31, 2024, to shareholders of record as of December 12, 2024. The company's year-to-date cash dividends will total $1.12 per share, matching 2023's distribution. The company reported significant growth as of September 30, 2024, with assets increasing 9.0% to $1.44 billion, total net loans growing 6.1% to $927.5 million, and deposits rising 2.8% to $1.02 billion. Notable improvements include an 18.4% increase in net interest income to $8.15 million and a 17.5% rise in net income to $1.51 million, with earnings per share up 19.0% to $0.25.
First Keystone (OTC PINK: FKYS) ha dichiarato un dividendo in contante trimestrale di $0.28 per azione, pagabile il 31 dicembre 2024, agli azionisti registrati al 12 dicembre 2024. I dividendi in contante dell'azienda da inizio anno ammontano a $1.12 per azione, corrispondendo alla distribuzione del 2023. L'azienda ha riportato una crescita significativa al 30 settembre 2024, con attività in aumento del 9.0% a $1.44 miliardi, prestiti netti totali in crescita del 6.1% a $927.5 milioni e depositi in aumento del 2.8% a $1.02 miliardi. Tra i miglioramenti notevoli si evidenzia un aumento del 18.4% del reddito da interessi netti a $8.15 milioni e un incremento del 17.5% dell'utile netto a $1.51 milioni, con l'utile per azione in crescita del 19.0% a $0.25.
First Keystone (OTC PINK: FKYS) ha declarado un dividendo en efectivo trimestral de $0.28 por acción, pagadero el 31 de diciembre de 2024, a los accionistas registrados hasta el 12 de diciembre de 2024. Los dividendos en efectivo de la empresa hasta la fecha ascienden a $1.12 por acción, igualando la distribución de 2023. La empresa reportó un crecimiento significativo hasta el 30 de septiembre de 2024, con activos en aumento del 9.0% a $1.44 mil millones, prestamos netos totales creciendo un 6.1% a $927.5 millones y depósitos aumentando un 2.8% a $1.02 mil millones. Las mejoras notables incluyen un aumento del 18.4% en ingresos netos por intereses a $8.15 millones y un incremento del 17.5% en ingresos netos a $1.51 millones, con ganancias por acción en aumento del 19.0% a $0.25.
퍼스트 키스톤(OTC PINK: FKYS)은 주당 $0.28의 분기 현금 배당금을 2024년 12월 31일에 지급할 예정이며, 2024년 12월 12일 기준 주주에게 지급됩니다. 회사의 올해 배당금 총액은 주당 $1.12에 달하며, 이는 2023년의 배당과 일치합니다. 2024년 9월 30일 기준 회사는 자산이 9.0% 증가하여 $14.4억에 이르고, 총 순대출이 6.1% 증가하여 $9.275억, 예금은 2.8% 증가하여 $10.2억에 도달했다고 보고했습니다. 주목할 만한 개선 사항으로는 순이자수익이 18.4% 증가하여 $815만에 도달했으며, 순이익이 17.5% 증가하여 $151만에 이르렀고, 주당 순이익은 19.0% 증가하여 $0.25에 달했습니다.
First Keystone (OTC PINK: FKYS) a déclaré un dividende trimestriel en espèces de $0.28 par action, payable le 31 décembre 2024, aux actionnaires enregistrés au 12 décembre 2024. Les dividendes en espèces de l'entreprise depuis le début de l'année s'élèveront à $1.12 par action, correspondant à la distribution de 2023. L'entreprise a signalé une croissance significative au 30 septembre 2024, avec des actifs augmentant de 9.0% pour atteindre $1.44 milliard, des prêts nets totaux en hausse de 6.1% pour atteindre $927.5 millions et des dépôts en hausse de 2.8% pour atteindre $1.02 milliard. Parmi les améliorations notables, on remarque une augmentation de 18.4% du produit net d'intérêts à $8.15 millions et une hausse de 17.5% du résultat net à $1.51 million, avec un bénéfice par action en augmentation de 19.0% à $0.25.
First Keystone (OTC PINK: FKYS) hat eine quartalsweise Bar-Dividende von $0.28 pro Aktie erklärt, die am 31. Dezember 2024 an die Aktionäre ausgezahlt wird, die bis zum 12. Dezember 2024 registriert sind. Die Bar-Dividenden des Unternehmens seit Jahresbeginn werden insgesamt $1.12 pro Aktie betragen, was mit der Ausschüttung von 2023 übereinstimmt. Das Unternehmen berichtete bis zum 30. September 2024 über ein signifikantes Wachstum, mit Vermögenswerten, die um 9,0% auf $1.44 Milliarden steigen, gesamten Nettokrediten, die um 6,1% auf $927,5 Millionen steigen, und Einlagen, die um 2,8% auf $1.02 Milliarden steigen. Wichtige Verbesserungen umfassen einen 18,4%igen Anstieg des Nettozinsüberschusses auf $8,15 Millionen und einen 17,5%igen Anstieg des Nettogewinns auf $1,51 Millionen, mit einem Anstieg des Gewinns pro Aktie um 19,0% auf $0,25.
- Assets increased 9.0% to $1.44 billion
- Net loans grew 6.1% to $927.5 million
- Deposits increased 2.8% to $1.02 billion
- Net interest income rose 18.4% to $8.15 million
- Net income improved 17.5% to $1.51 million
- Earnings per share increased 19.0% to $0.25
- Maintained stable dividend distribution of $1.12 per share annually
- None.
Cash dividends of
During 2024, the Corporation again achieved some record balance sheet levels. Key performance indicators and balance sheet measures at September 30, 2024 and quarter-to-date income statement results as of September 30, 2024 vs. the same period in 2023:
-
Assets amounted to
$1,438,693,000 9.0% -
Total Net Loans grew
6.1% to$927,509,000 -
Total Deposits were
$1,019,909,000 2.8% increase -
Net interest income increased
18.4% to$8,154,000 -
Net income increased
17.5% to$1,507,000 19.0% to$0.25
The Corporation looks forward to being the financial services provider of choice to our customers and the communities we serve.
Management considers subsequent events occurring after the balance sheet date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company’s consolidated financial statements when filed with the Securities and Exchange Commission (“SEC”). Accordingly, the financial information in this announcement is subject to change.
First Keystone Community Bank provides innovative business and personal banking products that focus on “Yesterday’s Traditions. Tomorrow’s Vision.” The Bank currently operates offices in
Inquiries regarding the purchase of the Corporation’s stock may be made through the following brokers: RBC Dain Rauscher, 800-223-4207; Janney Montgomery Scott, Inc., 800-526-6397; Boenning & Scattergood, Inc., 800-883-1212; and Stifel Nicolaus & Co. Inc., 800-679-5446.
Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks, changing economic and competitive conditions and other risks and uncertainties.
For more information on First Keystone Community Bank or its parent company, First Keystone Corporation, please contact Elaine A.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241127897271/en/
Elaine A.
570-752-3671
Source: First Keystone Corporation
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