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SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Declares Quarterly Dividend

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SVB&T (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, has declared a quarterly dividend of $0.20 per share on its common stock. This dividend is payable on or about January 15, 2025, to shareholders of record as of December 16, 2024. Notably, this represents an 11.11% annualized increase over the total dividend declared for the 2023 fiscal year.

Springs Valley Bank & Trust Company offers a wide range of financial services, including checking and savings accounts, certificates of deposit, and various loan options. The company also provides financial advisory services, specializing in estate planning, tax planning, and wealth management.

SVB&T (OTCQX:SVBT), la società madre di Springs Valley Bank & Trust Company, ha dichiarato un dividendo trimestrale di $0,20 per azione sulle sue azioni ordinarie. Questo dividendo sarà pagabile intorno al 15 gennaio 2025, agli azionisti registrati entro il 16 dicembre 2024. È importante notare che ciò rappresenta un aumento annualizzato dell'11,11% rispetto al totale dei dividendi dichiarati per l'anno fiscale 2023.

Springs Valley Bank & Trust Company offre un'ampia gamma di servizi finanziari, tra cui conti correnti e di risparmio, certificati di deposito e varie opzioni di prestito. L'azienda offre anche servizi di consulenza finanziaria, specializzandosi nella pianificazione patrimoniale, pianificazione fiscale e gestione patrimoniale.

SVB&T (OTCQX:SVBT), la empresa matriz de Springs Valley Bank & Trust Company, ha declarado un dividendo trimestral de $0.20 por acción sobre sus acciones ordinarias. Este dividendo se pagará aproximadamente el 15 de enero de 2025, a los accionistas registrados a partir del 16 de diciembre de 2024. Cabe destacar que esto representa un aumento anualizado del 11.11% sobre el total del dividendo declarado para el año fiscal 2023.

Springs Valley Bank & Trust Company ofrece una amplia gama de servicios financieros, incluyendo cuentas corrientes y de ahorro, certificados de depósito y varias opciones de préstamo. La empresa también proporciona servicios de asesoría financiera, especializándose en planificación patrimonial, planificación fiscal y gestión de patrimonio.

SVB&T (OTCQX:SVBT), Springs Valley Bank & Trust Company의 모기업은 주당 $0.20의 분기 배당금을 보통주에 대해 선언했습니다. 이 배당금은 2025년 1월 15일경에 지급될 예정이며, 2024년 12월 16일 기준으로 주주에게 지급됩니다. 특히, 이는 2023 회계연도에 선언된 총 배당금에 비해 연율 11.11% 증가를 나타냅니다.

Springs Valley Bank & Trust Company는 당좌 및 저축 계좌, 예금 증서, 다양한 대출 옵션 등 폭넓은 금융 서비스를 제공합니다. 또한, 부동산 계획, 세금 계획, 자산 관리에 특화된 재정 상담 서비스도 제공합니다.

SVB&T (OTCQX:SVBT), la société mère de Springs Valley Bank & Trust Company, a déclaré un dividende trimestriel de 0,20 $ par action sur ses actions ordinaires. Ce dividende sera payable aux alentours du 15 janvier 2025, aux actionnaires enregistrés à la date du 16 décembre 2024. Il est à noter que cela représente une augmentation annualisée de 11,11% par rapport au total des dividendes déclarés pour l'exercice 2023.

Springs Valley Bank & Trust Company offre une large gamme de services financiers, y compris des comptes courants et d'épargne, des certificats de dépôt et diverses options de prêt. L'entreprise propose également des services de conseil financier, spécialisée dans la planification successorale, la planification fiscale et la gestion de patrimoine.

SVB&T (OTCQX:SVBT), das Mutterunternehmen der Springs Valley Bank & Trust Company, hat eine vierteljährliche Dividende von 0,20 $ pro Aktie auf seine Stammaktien erklärt. Diese Dividende ist voraussichtlich am 15. Januar 2025 zahlbar an die Aktionäre, die am 16. Dezember 2024 im Aktienregister stehen. Bemerkenswerterweise stellt dies eine 11,11% annualisierte Erhöhung im Vergleich zur Gesamtdividende dar, die für das Geschäftsjahr 2023 erklärt wurde.

Die Springs Valley Bank & Trust Company bietet eine breite Palette von Finanzdienstleistungen an, darunter Giro- und Sparkonten, Festgelder und verschiedene Darlehensoptionen. Das Unternehmen bietet auch Finanzberatung, spezialisiert auf Nachlassplanung, Steuerplanung und Vermögensverwaltung.

Positive
  • Quarterly dividend of $0.20 per share declared
  • 11.11% annualized increase in dividend compared to 2023 fiscal year
  • Diverse range of financial services offered, including banking and wealth management
Negative
  • None.

JASPER, IN / ACCESSWIRE / September 18, 2024 / SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of $0.20 per share of the Corporation's common stock. The quarterly dividend is payable on or about January 15, 2025 to shareholders of record as of the close of business on December 16, 2024.

The dividend declared is an 11.11% annualized increase over the total dividend declared for the 2023 fiscal year.

For more information contact: Ryan Heim, Treasurer & CFO, SVB&T Corporation, at 812.634.4889 or rheim@svbt.bank.

Springs Valley Bank & Trust Company, is a subsidiary of SVB&T Corporation, headquartered at 8482 West State Road 56, French Lick, Indiana 47432 with administrative offices at 1500 Main Street, Jasper, Indiana 47546. Springs Valley has locations in Dubois, Daviess, Gibson, and Orange Counties, offering full-service bank and financial services. Springs Valley has products and services for all types of families and businesses, including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications and a variety of other loan options. Springs Valley Bank is a member of FDIC and is an Equal Housing Lender.

In addition, the company has a full-service financial advisory group managed by experienced, talented professionals specializing in estate planning, tax planning and wealth management. Investment Services are also offered by a licensed, professional Springs Valley representative. Trust and Investment products are not deposits; not insured by the FDIC; not a deposit or other obligation of, or guaranteed by, the depository institution; not insured by any Federal Government Agency; may lose value - subject to investment risks, including possible loss of the principal amount invested.

Information conveyed in this press release regarding SVB&T Corporation's and its subsidiaries' anticipated future performance is forward-looking and therefore involves risks and uncertainties that could cause the results or developments to differ significantly from those indicated in these statements. These risks and uncertainties include, but are not limited to, risks and uncertainties inherent in general and local banking, as well as mortgage conditions, competitive factors specific to markets in which the company and its subsidiaries operate, future interest rate levels, changes in local real estate markets, legislative and regulatory decisions, capital market conditions and/or other factors.

More information can be found online at www.svbt.bank. The company's stock is traded on the OTCQX trading platform under ticker symbol SVBT (www.otcmarkets.com).

SOURCE: SVB&T Corporation



View the original press release on accesswire.com

FAQ

What is the dividend amount declared by SVB&T (SVBT) for Q4 2024?

SVB&T (SVBT) has declared a quarterly dividend of $0.20 per share for Q4 2024.

When is the dividend payable for SVB&T (SVBT) shareholders?

The dividend is payable on or about January 15, 2025, to shareholders of record as of the close of business on December 16, 2024.

How much has SVB&T (SVBT) increased its dividend compared to the previous year?

SVB&T (SVBT) has increased its dividend by 11.11% on an annualized basis compared to the total dividend declared for the 2023 fiscal year.

What financial services does Springs Valley Bank & Trust Company, a subsidiary of SVB&T (SVBT), offer?

Springs Valley Bank & Trust Company offers a range of services including checking and savings accounts, certificates of deposit, electronic services, online consumer and mortgage applications, various loan options, and financial advisory services such as estate planning, tax planning, and wealth management.

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