STOCK TITAN

PB Financial Corporation Declares Fourth-Quarter, 2024 Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

PB Financial (OTCQX:PBNC) has declared a quarterly cash dividend of $0.56 per share for Q4 2024, payable November 22, 2024, to shareholders of record as of November 5, 2024. This represents a 9.80% increase from Q4 2023's dividend. The annual dividend amounts to $2.24 per share, yielding 5.34% based on the October 25 closing price of $41.93. This marks the company's 52nd consecutive quarterly dividend. As of September 30, 2024, PB Financial reported total assets of $1.285 billion, loans of $1.086 billion, and deposits of $1.084 billion.

PB Financial (OTCQX: PBNC) ha dichiarato un dividendo in contante trimestrale di $0,56 per azione per il Q4 2024, pagabile il 22 novembre 2024, agli azionisti registrati al 5 novembre 2024. Questo rappresenta un aumento del 9,80% rispetto al dividendo del Q4 2023. Il dividendo annuale ammonta a $2,24 per azione, con un rendimento del 5,34% basato sul prezzo di chiusura del 25 ottobre di $41,93. Questo segna il 52° dividendo trimestrale consecutivo dell'azienda. Al 30 settembre 2024, PB Financial ha riportato un totale attivo di $1,285 miliardi, prestiti di $1,086 miliardi e depositi di $1,084 miliardi.

PB Financial (OTCQX: PBNC) ha declarado un dividendo en efectivo trimestral de $0.56 por acción para el cuarto trimestre de 2024, pagadero el 22 de noviembre de 2024, a los accionistas registrados a partir del 5 de noviembre de 2024. Esto representa un aumento del 9.80% en comparación con el dividendo del cuarto trimestre de 2023. El dividendo anual asciende a $2.24 por acción, con un rendimiento del 5.34% basado en el precio de cierre del 25 de octubre de $41.93. Esto marca el 52° dividendo trimestral consecutivo de la empresa. Al 30 de septiembre de 2024, PB Financial reportó activos totales de $1.285 mil millones, préstamos de $1.086 mil millones y depósitos de $1.084 mil millones.

PB Financial (OTCQX: PBNC)는 2024년 4분기를 위해 주당 $0.56의 분기 현금 배당금을 발표하였으며, 이는 2024년 11월 22일에 지급되고 2024년 11월 5일 기준 주주에게 지급됩니다. 이는 2023년 4분기 배당금 대비 9.80% 증가한 수치입니다. 연간 배당금은 주당 $2.24로, 10월 25일 마감 가격인 $41.93 기준으로 5.34%의 수익률을 기록합니다. 이는 회사의 52번째 연속 분기 배당금입니다. 2024년 9월 30일 기준으로 PB Financial은 총 자산 $1.285억, 대출 $1.086억, 예금 $1.084억을 보고했습니다.

PB Financial (OTCQX: PBNC) a déclaré un dividende en espèces trimestriel de 0,56 $ par action pour le T4 2024, payable le 22 novembre 2024, aux actionnaires inscrits au 5 novembre 2024. Cela représente une augmentation de 9,80% par rapport au dividende du T4 2023. Le dividende annuel s’élève à 2,24 $ par action, offrant un rendement de 5,34 % basé sur le prix de clôture du 25 octobre de 41,93 $. Cela marque le 52e dividende trimestriel consécutif de la société. Au 30 septembre 2024, PB Financial a déclaré un total d'actifs de 1,285 milliard de dollars, des prêts de 1,086 milliard de dollars et des dépôts de 1,084 milliard de dollars.

PB Financial (OTCQX: PBNC) hat eine quartalliche Barausschüttung von $0,56 pro Aktie für das 4. Quartal 2024 erklärt, zahlbar am 22. November 2024, an Aktionäre, die bis zum 5. November 2024 registriert sind. Dies stellt einen 9,80%-igen Anstieg gegenüber der Ausschüttung des 4. Quartals 2023 dar. Die jährliche Ausschüttung beläuft sich auf $2,24 pro Aktie und entspricht einer Rendite von 5,34% basierend auf dem Schlusskurs am 25. Oktober von $41,93. Dies markiert die 52. aufeinanderfolgende quartalliche Ausschüttung des Unternehmens. Zum 30. September 2024 berichtete PB Financial über Gesamtvermögen von $1,285 Milliarden, Kredite von $1,086 Milliarden und Einlagen von $1,084 Milliarden.

Positive
  • 52 consecutive quarters of dividend payments
  • 9.80% increase in quarterly dividend year-over-year
  • Strong dividend yield of 5.34%
  • Substantial asset base of $1.285 billion
  • High loan-to-deposit ratio indicating efficient use of deposits
Negative
  • None.

ROCKY MOUNT, NC / ACCESSWIRE / October 28, 2024 / Ted E. Whitehurst, President and CEO of PB Financial Corporation (OTCQX:PBNC), the holding company for Providence Bank, announced today the Board of Directors approved a quarterly cash dividend of $0.56 per share on common stock outstanding to shareholders of record at the close of business on November 5, 2024. The dividend is payable November 22, 2024. This is an increase of 9.80% from the dividend paid during the 4th quarter of 2023. This represents a $2.24 dividend on an annual basis and a yield of 5.34% (based on closing price on October 25, 2024, of $41.93/share).

Whitehurst commented, "This represents our 52nd consecutive quarterly cash dividend. The Company's consistent financial performance has allowed us to increase our cash dividend every quarter since we began paying dividends, representing 13 consecutive years. Our original shareholders will have received $10.02 per share in cash dividends, which is 91.09% of their original purchase price of $11 per share. This continued increase in our cash dividend is part of our long-term strategy to enhance shareholder value."

PB Financial Corporation is headquartered at 450 N. Winstead Avenue in Rocky Mount, North Carolina. As of September 30, 2024, PB Financial Corporation had total assets of $1.285 billion, loans of $1.086 billion and total deposits of $1.084 billion.

www.pbknc.com

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding PB Financial Corporation. Those statements may include but are not limited to statements regarding the Company's plans, objectives, expectations and intentions and other statements identified by words such as "believes," "considers," "expects," "anticipates," "estimates," "intends," "plans," "targets," "projects," "would be," and similar expressions. These statements are based upon current beliefs and expectations of management of PB Financial Corporation and are subject to significant risks and uncertainties. Actual or future results or events may differ from those set forth in the forward-looking statements. PB Financial Corporation does not undertake to update any forward-looking statements in this press release. The information as of and for the quarter ended September 30, 2024 as presented is unaudited.

For more information, contact:

Ted E. Whitehurst, President and CEO
252-467-2990; twhitehurst@pbknc.com

SOURCE: PB Financial Corporation



View the original press release on accesswire.com

FAQ

What is PB Financial 's (PBNC) Q4 2024 dividend amount?

PB Financial 's Q4 2024 dividend is $0.56 per share, payable on November 22, 2024.

What is PBNC's dividend yield based on October 25, 2024 share price?

PBNC's dividend yield is 5.34%, based on the October 25, 2024 closing price of $41.93 per share.

How many consecutive quarterly dividends has PBNC paid?

PBNC has paid 52 consecutive quarterly dividends, representing 13 years of consistent dividend payments.

What are PBNC's total assets as of September 30, 2024?

PBNC reported total assets of $1.285 billion as of September 30, 2024.

PB FINANCIAL CORPORATION

OTC:PBNC

PBNC Rankings

PBNC Latest News

PBNC Stock Data

129.60M
2.18M
Banks - Regional
Financial Services
Link
United States of America
Rocky Mount