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POTOMAC BANCSHARES, INC. DECLARES 8% INCREASE TO QUARTERLY CASH DIVIDEND

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Potomac Bancshares (OTC:PTBS), the holding company for Bank of Charles Town (BCT), has announced an 8% increase in its quarterly cash dividend. The company will pay $0.13 per share, up from the previous quarter's $0.12 per share.

The dividend will be paid on May 8, 2025, to shareholders of record as of May 1, 2025. President and CEO Alice P. Frazier stated that this increase reflects the company's sustained success and commitment to delivering shareholder value.

Potomac Bancshares (OTC:PTBS), la holding di Bank of Charles Town (BCT), ha annunciato un aumento dell'8% del dividendo trimestrale in contanti. La società pagherà $0,13 per azione, rispetto ai $0,12 per azione del trimestre precedente.

Il dividendo sarà corrisposto il 8 maggio 2025 agli azionisti registrati al 1° maggio 2025. La presidente e CEO Alice P. Frazier ha dichiarato che questo aumento riflette il successo costante dell’azienda e l’impegno a offrire valore agli azionisti.

Potomac Bancshares (OTC:PTBS), la sociedad holding de Bank of Charles Town (BCT), ha anunciado un aumento del 8% en su dividendo trimestral en efectivo. La compañía pagará $0,13 por acción, frente a los $0,12 por acción del trimestre anterior.

El dividendo se pagará el 8 de mayo de 2025 a los accionistas registrados al 1 de mayo de 2025. La presidenta y CEO, Alice P. Frazier, declaró que este aumento refleja el éxito sostenido de la empresa y su compromiso de generar valor para los accionistas.

Potomac Bancshares(OTC:PTBS)는 Bank of Charles Town(BCT)의 지주회사로서 분기 현금 배당금을 8% 인상한다고 발표했습니다. 회사는 주당 $0.13을 지급할 예정이며, 이는 이전 분기 주당 $0.12에서 인상된 금액입니다.

배당금은 2025년 5월 8일에 2025년 5월 1일 기준 주주에게 지급됩니다. 사장 겸 CEO인 Alice P. Frazier는 이번 인상이 회사의 지속적인 성공과 주주 가치를 제공하려는 의지를 반영한다고 밝혔습니다.

Potomac Bancshares (OTC:PTBS), la société holding de Bank of Charles Town (BCT), a annoncé une augmentation de 8% de son dividende trimestriel en espèces. La société versera 0,13 $ par action, contre 0,12 $ par action au trimestre précédent.

Le dividende sera versé le 8 mai 2025 aux actionnaires inscrits au registre au 1er mai 2025. La présidente et CEO, Alice P. Frazier, a déclaré que cette augmentation reflète le succès durable de l’entreprise et son engagement à offrir de la valeur aux actionnaires.

Potomac Bancshares (OTC:PTBS), die Holdinggesellschaft der Bank of Charles Town (BCT), hat eine 8%ige Erhöhung ihrer vierteljährlichen Bardividende angekündigt. Das Unternehmen wird 0,13 USD pro Aktie zahlen, gegenüber 0,12 USD im vorherigen Quartal.

Die Dividende wird am 8. Mai 2025 an die zum 1. Mai 2025 eingetragenen Aktionäre ausgezahlt. Präsidentin und CEO Alice P. Frazier erklärte, dass diese Erhöhung den anhaltenden Erfolg des Unternehmens und das Engagement zur Schaffung von Aktionärswert widerspiegelt.

Positive
  • 8% increase in quarterly dividend from $0.12 to $0.13 per share
  • Demonstrates company's sustained financial success
  • Indicates strong commitment to shareholder returns
Negative
  • None.

CHARLES TOWN, W.Va., April 21, 2025 /PRNewswire/ -- The Board of Directors of Potomac Bancshares, Inc. (the "Company") (OTC:PTBS), the holding company for Bank of Charles Town (BCT), also known as The Community's Bank, declared at their April Board meeting a quarterly cash dividend of $0.13 per share, an 8% increase from the previous quarter's dividend of $0.12.  The dividend is for all shareholders of record on May 1, 2025, and will be paid on May 8, 2025.

"We are pleased to provide our shareholders an 8% increase in their dividend, from $0.12 to $0.13 per share," stated Alice P. Frazier, President and CEO. "The Board's decision reflects our sustained success and the commitment to delivering shareholder value."

About the Company

Founded in 1871, BCT - Bank of Charles Town, also known as The Community's Bank, is a wholly owned subsidiary of Potomac Bancshares, Inc. (OTC:PTBS). With approximately $877 million in assets as of December 31, 2024, the Company conducts operations through its main office, an additional eight branch offices, and two loan production offices.  BCT's offices are located in Jefferson and Berkeley Counties (WV), Washington County (MD), and Loudoun and Stafford Counties (VA).   The Bank offers commercial lines and term loans, residential and commercial construction loans, commercial real estate loans, agricultural loans, and government contractor loans.  The Bank is also a Small Business Administration (SBA) Preferred Lender.  The Residential Lending division offers secondary market and portfolio mortgage loans, one-time close construction to perm loans, as well as home equity loans and lines of credit.  For over 70 years, BCT Wealth Advisors has provided caring and personalized trust services, growing into a premier financial management, investments, and estate services provider.  The Bank also provides convenient online and mobile banking for individuals, businesses, and local governments plus free access to over 55,000 ATMs through the Allpoint® network plus another approximately 675 free access ATMs through another partnership.  BCT was voted WINNER in the LoudounNow 2024 Loudoun's Favorites readers' poll in four categories:  Bank, Mortgage Company, Banker, and Financial Planner.  In 2023, American Banker selected BCT as a "Top 200 Community Bank," an annual listing of the best performing banks in the United States with assets under $2 billion.  BCT was voted a "Best of the Best" winner in the 2023 Journal-News Readers' Choice Awards in four categories:  Bank, Mortgage Company, Loan Services, and Financial Planning.  The Bank was named a "Best Bank To Work For" by American Banker five of the last six years.

The Company's shares are quoted on the OTC Pink Sheet marketplace under the symbol "PTBS." For more information about Potomac Bancshares, Inc., and the Bank, please visit our website at www.mybct.bank

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SOURCE Potomac Bancshares, Inc.

FAQ

What is the new quarterly dividend amount for Potomac Bancshares (PTBS) stock?

Potomac Bancshares (PTBS) has increased its quarterly dividend to $0.13 per share, up from $0.12 previously.

When is the payment date for PTBS's latest dividend?

The dividend will be paid on May 8, 2025, to shareholders of record as of May 1, 2025.

How much did Potomac Bancshares increase its dividend in 2025?

Potomac Bancshares increased its quarterly dividend by 8%, from $0.12 to $0.13 per share.

What is the record date for PTBS's increased dividend?

The record date for PTBS's increased dividend is May 1, 2025.
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