Welcome to our dedicated page for Psb Holdings news (Ticker: PSBQ), a resource for investors and traders seeking the latest updates and insights on Psb Holdings stock.
PSB Holdings, Inc. (PSBQ) delivers essential financial services through its community-focused banking operations. This news hub provides investors and stakeholders with timely updates on the Wisconsin-based institution's strategic developments, financial performance, and market positioning.
Access authoritative coverage of PSBQ's quarterly earnings, regulatory filings, leadership updates, and community initiatives. Our curated collection features press releases detailing commercial lending activities, deposit growth metrics, and risk management strategies that underscore the company's operational discipline.
Key content categories include analysis of the bank's diversified loan portfolio, updates on net interest margin trends, and insights into local market expansion efforts. Users will find comprehensive reporting on PSBQ's financial health indicators, including asset quality metrics and capital adequacy ratios.
Bookmark this page for direct access to verified information about Peoples State Bank's community reinvestment programs, insurance service expansions, and investment product developments. Stay informed about this regional financial institution's ongoing commitment to balancing traditional banking values with modern financial solutions.
PSB Holdings Inc (OTCQX: PSBQ) reported Q1 2025 earnings of $0.60 per share on net income of $2.4 million, compared to $0.73 per share in Q4 2024 and $0.39 per share in Q1 2024. Key highlights include:
- Net interest income decreased to $10.3 million with improved margin of 3.03%
- Loans increased $18.2 million (2%) to $1.10 billion in Q1
- Total deposits decreased $17.3 million to $1.13 billion
- Non-performing assets increased to $13.0 million (0.89% of total assets)
- Tangible book value per share grew 11.3% year-over-year to $26.94
The bank acquired Larson Financial Group in January 2025 and reported higher non-interest expenses due to increased salaries and employee benefits. Management expects operating expenses to decline next quarter and remains cautiously optimistic for earnings growth in 2025.
PSB Holdings (PSBQ) reported Q4 2024 earnings of $0.73 per share on net income of $3.0 million, up from $0.55 per share in Q4 2023. Full-year 2024 earnings reached $2.37 per share on net income of $9.8 million, a 10% increase from 2023.
Key Q4 highlights include: net interest income rose to $10.4 million with a margin of 2.96%; loans grew 2% to $1.08 billion; deposits increased slightly to $1.15 billion. The allowance for credit losses was 1.13% of gross loans, while non-performing assets remained at 0.71% of total assets.
Tangible book value per share grew 9.0% year-over-year to $25.98. The company paid dividends totaling $0.64 per share in 2024, up 6.7% from 2023. On January 21, 2025, PSB acquired Larson Financial Group, , expanding its financial advisory services.
PSB Holdings (OTCQX: PSBQ) has declared a semi-annual cash dividend of $0.32 per share, payable January 31, 2025, to shareholders of record as of January 10, 2025. This represents a 6.7% increase from the previous year's $0.30 per share dividend. The announcement marks the company's 60-year tradition of cash dividends, including 31 consecutive years of increased dividends. CEO Scott M. Cattanach expressed optimism about the company's improved financial performance since mid-year.
PSB Holdings is the parent company of Peoples State Bank, a community bank headquartered in Wausau, Wisconsin, operating twelve full-service locations across various Wisconsin counties and a loan production office in Dane county.
PSB Holdings (PSBQ) reported Q3 2024 earnings of $0.69 per share on net income of $2.9 million, up from $0.56 per share in Q2 2024 and $0.29 in Q3 2023. Net interest margin increased 6 basis points, while tangible book value per share rose 18.7% year-over-year to $26.41. The quarter saw improvements in asset quality with non-performing assets declining to 0.71% of total assets. Total loans decreased to $1.06 billion, while deposits dropped to $1.14 billion. The allowance for credit losses increased to 1.18% of gross loans, and net interest income grew to $9.9 million with a 2.90% net margin.
PSB Holdings, Inc. (OTCQX: PSBQ) reported second quarter 2024 earnings of $0.56 per share on net income of $2.3 million. Key highlights include:
- Net interest income increased to $9.4 million, with net interest margin expanding to 2.84%
- Noninterest income rose to $1.9 million, up from $1.0 million in Q1
- Tangible book value per share increased to $24.55
- Loans decreased by $6.6 million to $1.07 billion
- Deposits grew by $39.0 million to $1.15 billion
- Return on tangible common equity was 9.34%
The company saw improvements in net interest margin, operating expenses, and tangible book value. Management expects continued growth and increased earnings if interest rates remain stable or decline through 2024.
PSB Holdings, parent of Peoples State Bank, declared a semi-annual cash dividend of $0.32 per share, reflecting a 6.7% increase over the previous dividend of $0.30 per share. The dividend will be paid on July 31, 2024, to shareholders recorded by July 11, 2024. This marks the 31st consecutive year of increased dividends, continuing a 60-year tradition. CEO Scott M. Cattanach credited the company's solid quarterly performance for enabling this dividend. PSB Holdings is traded under the stock symbol PSBQ on the OTCQX Market, serving multiple counties in Wisconsin through its various banking and financial service locations.