PSB Holdings, Inc. Announces Quarterly Cash Dividend of $0.18 Per Share
Rhea-AI Summary
PSB Holdings (OTCQX: PSBQ), parent of Peoples State Bank, declared a regular quarterly cash dividend of $0.18 per share on June 16, 2026. The dividend is payable July 31, 2026 to shareholders of record on July 10, 2026.
This payment extends a 61-year cash dividend history, including 33 consecutive years of per-share increases. Management intends to continue dividends during the approval process for the announced merger with Bank First Corporation, and anticipates at least one more dividend before an expected closing in December 2026.
Positive
- Declared $0.18 quarterly cash dividend per common share
- Dividend payable July 31, 2026 to holders of record July 10, 2026
- 61-year history of cash dividends to shareholders
- 33 consecutive years of increased cash dividends per share
- Management plans to maintain dividends through Bank First merger approval process
- At least one additional dividend anticipated before expected December 2026 merger closing
Negative
- Merger with Bank First Corporation remains pending, with closing targeted for December 2026
AI-generated analysis. How Rhea-AI works. Not financial advice.
WAUSAU, Wis., June 17, 2026 (GLOBE NEWSWIRE) -- PSB Holdings, Inc. (OTCQX: PSBQ), parent company of Peoples State Bank, is pleased to announce that on June 16, 2026, its Board of Directors declared a regular quarterly cash dividend of
PSB Holdings President and CEO Scott M. Cattanach said, “We intend to continue the payment of dividends to our shareholders throughout the approval process of our announced merger with Bank First Corporation. We recognize the importance of dividend payments to our shareholders over the past 61 years and anticipate at least one more payment prior to the anticipated closing of the merger in December 2026.”
About PSB Holdings, Inc.
PSB Holdings, Inc. is the parent company of Peoples State Bank. Peoples is a community bank headquartered in Wausau, Wisconsin, serving northcentral and southeastern Wisconsin from twelve full-service banking locations in Marathon, Oneida, Vilas, Portage, Milwaukee and Waukesha counties. Peoples also provides investment and insurance products, along with retirement planning services, through Peoples Wealth Management, a division of Peoples. PSB Holdings, Inc. is traded under the stock symbol PSBQ on the OTCQX Market. More information about PSB, its management, and its financial performance may be found at www.psbholdingsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations, estimates and projections about PSB’s business based, in part, on assumptions made by management and include, without limitation, statements with respect to the potential growth of PSB, its future profits, expected stock repurchase levels, future dividend rates, future interest rates, and the adequacy of its capital position. Forward-looking statements can be affected by known and unknown risks, uncertainties, and other factors, including, but not limited to, strength of the economy, the effects of government policies, including interest rate policies, risks associated with the execution of PSB’s vision and growth strategy, including with respect to current and future M&A activity, and risks associated with global economic instability relating to the COVID-19 pandemic and its effect on PSB and Peoples, and their customers, and other risks. The forward-looking statements in this press release speak only as of the date on which they are made and PSB does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.
Investor Relations Contact
PSB Holdings, Inc.
1905 Stewart Avenue
Wausau, WI 54401
888.929.9902
InvestorRelations@bankpeoples.com
