Thomasville Bancshares, Inc. Announces 2024 Results
Thomasville Bancshares (THVB) reported strong financial results for 2024, achieving record earnings with net income of $39.27 million, a 17% increase from 2023's $33.55 million. The company posted earnings per share of $6.11 (basic) and $5.92 (diluted), with a return on average assets of 2.20% and return on average tangible equity of 24.16%.
Total assets reached $1.891 billion, growing by $245 million. Loans increased by 9% to $1.539 billion, while deposits grew 16% to $1.648 billion. The company's regulatory capital increased to $169 million, and total dividends paid increased 15% to $2.30. TNB Financial's client assets exceeded $4.7 billion.
Thomasville Bancshares (THVB) ha riportato risultati finanziari solidi per il 2024, raggiungendo guadagni record con un reddito netto di 39,27 milioni di dollari, un aumento del 17% rispetto ai 33,55 milioni di dollari del 2023. L'azienda ha registrato utili per azione di 6,11 dollari (base) e 5,92 dollari (diluito), con un ritorno sugli attivi medi del 2,20% e un ritorno sul patrimonio tangibile medio del 24,16%.
Il totale degli attivi ha raggiunto 1,891 miliardi di dollari, crescendo di 245 milioni di dollari. I prestiti sono aumentati del 9% a 1,539 miliardi di dollari, mentre i depositi sono cresciuti del 16% a 1,648 miliardi di dollari. Il capitale regolamentare dell'azienda è aumentato a 169 milioni di dollari, e i dividendi totali pagati sono aumentati del 15% a 2,30 dollari. Gli attivi dei clienti di TNB Financial hanno superato i 4,7 miliardi di dollari.
Thomasville Bancshares (THVB) reportó resultados financieros sólidos para 2024, alcanzando ganancias récord con un ingreso neto de 39,27 millones de dólares, un aumento del 17% en comparación con los 33,55 millones de dólares de 2023. La compañía publicó ganancias por acción de 6,11 dólares (básico) y 5,92 dólares (diluido), con un retorno sobre activos promedio del 2,20% y un retorno sobre el patrimonio tangible promedio del 24,16%.
Los activos totales alcanzaron 1,891 mil millones de dólares, creciendo en 245 millones de dólares. Los préstamos aumentaron un 9% a 1,539 mil millones de dólares, mientras que los depósitos crecieron un 16% a 1,648 mil millones de dólares. El capital regulatorio de la compañía aumentó a 169 millones de dólares, y los dividendos totales pagados aumentaron un 15% a 2,30 dólares. Los activos de clientes de TNB Financial superaron los 4,7 mil millones de dólares.
Thomasville Bancshares (THVB)는 2024년 강력한 재무 결과를 보고하며, 순이익이 3927만 달러로 2023년의 3355만 달러에서 17% 증가하며 기록적인 수익을 달성했습니다. 이 회사는 기본 주당 이익이 6.11달러, 희석 주당 이익이 5.92달러였으며, 평균 자산 수익률은 2.20%, 평균 유동 자본 수익률은 24.16%를 기록했습니다.
총 자산은 18억 9100만 달러에 달하며, 2억 4500만 달러 증가했습니다. 대출은 9% 증가하여 15억 3900만 달러에 달했고, 예금은 16% 증가하여 16억 4800만 달러로 증가했습니다. 회사의 규제 자본은 1억 6900만 달러로 증가하며, 총 배당금 지급액은 15% 증가하여 2.30달러가 되었습니다. TNB Financial의 고객 자산은 47억 달러를 초과했습니다.
Thomasville Bancshares (THVB) a annoncé des résultats financiers solides pour 2024, atteignant des bénéfices records avec un revenu net de 39,27 millions de dollars, soit une augmentation de 17 % par rapport aux 33,55 millions de dollars de 2023. L'entreprise a affiché un bénéfice par action de 6,11 dollars (de base) et de 5,92 dollars (dilué), avec un rendement sur les actifs moyens de 2,20 % et un rendement sur les capitaux propres tangibles moyens de 24,16 %.
Les actifs totaux ont atteint 1,891 milliard de dollars, en hausse de 245 millions de dollars. Les prêts ont augmenté de 9 % pour atteindre 1,539 milliard de dollars, tandis que les dépôts ont crû de 16 % pour s'élever à 1,648 milliard de dollars. Le capital réglementaire de l'entreprise a augmenté à 169 millions de dollars, et le montant total des dividendes versés a augmenté de 15 % pour atteindre 2,30 dollars. Les actifs des clients de TNB Financial ont dépassé 4,7 milliards de dollars.
Thomasville Bancshares (THVB) hat für 2024 starke Finanzresultate gemeldet und durch einen Nettogewinn von 39,27 Millionen Dollar einen Rekordgewinn erzielt, was einem Anstieg von 17% im Vergleich zu 33,55 Millionen Dollar im Jahr 2023 entspricht. Das Unternehmen berichtete von einem Gewinn pro Aktie von 6,11 Dollar (Basis) und 5,92 Dollar (verwässert), mit einer Rendite auf das durchschnittliche Vermögen von 2,20% und einer Rendite auf das durchschnittliche eigenkapital von 24,16%.
Die Gesamtaktiva erreichten 1,891 Milliarden Dollar und wuchsen um 245 Millionen Dollar. Die Kredite stiegen um 9% auf 1,539 Milliarden Dollar, während die Einlagen um 16% auf 1,648 Milliarden Dollar zunahmen. Das regulatorische Kapital des Unternehmens stieg auf 169 Millionen Dollar, und die insgesamt ausgeschütteten Dividenden stiegen um 15% auf 2,30 Dollar. Die Kundenvermögen von TNB Financial überstiegen 4,7 Milliarden Dollar.
- Net income increased 17% to $39.27 million
- Strong return metrics: 2.20% ROA and 24.16% ROTCE
- Deposits grew 16% to $1.648 billion
- Loan portfolio expanded 9% to $1.539 billion
- Dividend payments increased 15% to $2.30
- TNB Financial reached $4.7 billion in client assets
- None.
THOMASVILLE, Ga., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Thomasville Bancshares, Inc. (OTC PINK: THVB), the parent company of Thomasville National Bank and TNB Financial Services, today announced financial results for the year ended December 31, 2024.
2024 Highlights
- Net Income for the year of
$39,270,458 compared to$33,546,808 in 2023, an increase of17% . - Earnings per share for the year were
$6.11 (basic) and$5.92 (diluted). - YTD Return on Average Assets of
2.20% and Return on Average Tangible Equity of24.16% . - Total Assets of
$1.89 1 billion, an increase of$245 million over 2023. - Loans grew to
$1.53 9 billion, an increase of$121 million or9% year-over-year. - Deposits grew to
$1.64 8 billion, an increase of$224 million or16% year-over-year. - Regulatory Capital increased to
$169 million . - Total dividend paid for the year of
$2.30 , an increase of15% over 2023. - TNB Financial, provider of trust and investment services, now has client assets over
$4.7 billion .
Stephen H. Cheney, Chairman and CEO, said “We are pleased to report our strong financial performance in 2024 which included record earnings and record growth. We believe that our Bank is well positioned to continue this strong performance in 2025 and beyond.”
Bank President, Bert Hodges stated, “Our resilient culture that empowers our bankers to be creative thinkers has become extremely unique in our industry. This continues to set us apart and has led to superior credit quality, solid customer loyalty, and excellent opportunities for growth. The talent, pride and competitive spirit of our bankers makes us more confident than ever about the future of TNB.”
About Thomasville Bancshares, Inc., and Thomasville National Bank
Thomasville Bancshares, Inc. was founded in 1995 as the holding company for Thomasville National Bank. Today the Bank has total assets of over
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