Trinity Bank Increases Cash Dividend 5.7%
Trinity Bank, N.A. (OTC Pink:TYBT) has announced a 5.7% increase in its cash dividend. The Board of Directors declared a dividend of $0.93 per share, payable on October 31, 2024, to shareholders of record as of October 15, 2024. This marks the bank's twenty-sixth semiannual cash dividend.
COO Richard Burt stated that Trinity Bank performed well in the first half of 2024 in terms of growth, asset quality, and operating efficiency. The bank maintains a strong Tier 1 Capital Ratio exceeding 16%, allowing it to share a portion of net income with shareholders. The Board will review the dividend policy again in spring 2025 after evaluating the second half of 2024 results.
Trinity Bank, N.A. (OTC Pink:TYBT) ha annunciato un aumento del 5,7% del suo dividendo in contante. Il Consiglio di Amministrazione ha dichiarato un dividendo di $0,93 per azione, pagabile il 31 ottobre 2024, agli azionisti registrati al 15 ottobre 2024. Questo segna il ventiseiesimo dividendo semestrale in contante della banca.
Il COO Richard Burt ha dichiarato che Trinity Bank ha registrato buone performance nella prima metà del 2024 in termini di crescita, qualità degli attivi e efficienza operativa. La banca mantiene un forte rapporto di capitale di base superiore al 16%, che le consente di condividere una parte dell'utile netto con gli azionisti. Il Consiglio esaminerà nuovamente la politica dei dividendi nella primavera del 2025 dopo aver valutato i risultati della seconda metà del 2024.
Trinity Bank, N.A. (OTC Pink:TYBT) ha anunciado un aumento del 5,7% en su dividendo en efectivo. La Junta Directiva declaró un dividendo de $0,93 por acción, que se pagará el 31 de octubre de 2024, a los accionistas registrados hasta el 15 de octubre de 2024. Este es el vigésimo sexto dividendo semestral en efectivo del banco.
El COO Richard Burt mencionó que Trinity Bank tuvo un buen desempeño en la primera mitad de 2024 en términos de crecimiento, calidad de activos y eficiencia operativa. El banco mantiene un fuerte ratio de capital de nivel 1 superior al 16%, lo que le permite compartir una parte de los ingresos netos con los accionistas. La Junta revisará nuevamente la política de dividendos en la primavera de 2025 tras evaluar los resultados de la segunda mitad de 2024.
트리니티 뱅크, N.A. (OTC Pink:TYBT)는 현금 배당금이 5.7% 증가했습니다. 이사회는 주당 $0.93의 배당금을 선언했으며, 이는 2024년 10월 31일에 지급될 예정입니다. 배당을 받을 주주는 2024년 10월 15일 기준입니다. 이는 은행의 스물여섯 번째 반기 현금 배당금입니다.
COO 리차드 버트는 트리니티 뱅크가 2024년 상반기에 성장, 자산 품질 및 운영 효율성 측면에서 좋은 성과를 거두었다고 밝혔습니다. 은행은 16%를 초과하는 강력한 1급 자본 비율을 유지하고 있으며, 이를 통해 주주와 순이익의 일부를 공유할 수 있습니다. 이사회는 2024년 하반기 결과를 평가한 후 2025년 봄에 배당 정책을 다시 검토할 예정입니다.
Trinity Bank, N.A. (OTC Pink:TYBT) a annoncé une augmentation de 5,7% de son dividende en espèces. Le Conseil d'Administration a déclaré un dividende de $0,93 par action, payable le 31 octobre 2024, aux actionnaires inscrits au 15 octobre 2024. Cela marque le vingt-sixième dividende semestriel en espèces de la banque.
Le COO Richard Burt a déclaré que Trinity Bank avait bien performé au cours du premier semestre 2024 en termes de croissance, de qualité des actifs et d'efficacité opérationnelle. La banque maintient un fort ratio de fonds propres de niveau 1 dépassant 16%, ce qui lui permet de partager une partie du revenu net avec les actionnaires. Le Conseil examinera à nouveau la politique de dividende au printemps 2025 après avoir évalué les résultats du second semestre 2024.
Die Trinity Bank, N.A. (OTC Pink:TYBT) hat eine Erhöhung der Barausschüttung um 5,7% angekündigt. Der Vorstand erklärte eine Dividende von $0,93 pro Aktie, die am 31. Oktober 2024 an die Aktionäre gezahlt wird, die am 15. Oktober 2024 im Aktienregister stehen. Dies markiert die sechsundzwanzigste halbjährliche Barausschüttung der Bank.
COO Richard Burt erklärte, dass die Trinity Bank in der ersten Jahreshälfte 2024 in den Bereichen Wachstum, Vermögensqualität und Betriebseffizienz gut abgeschnitten hat. Die Bank hält eine starke Tier-1-Kapitalquote von über 16%, die es ihr ermöglicht, einen Teil des Nettoergebnisses mit den Aktionären zu teilen. Der Vorstand wird die Dividendenpolitik im Frühjahr 2025 erneut überprüfen, nachdem er die Ergebnisse der zweiten Jahreshälfte 2024 bewertet hat.
- Increased cash dividend by 5.7% to $0.93 per share
- Strong performance in growth, asset quality, and operating efficiency
- Tier 1 Capital Ratio exceeding 16%, indicating strong capitalization
- None.
FORT WORTH, TX / ACCESSWIRE / September 27, 2024 / Trinity Bank, N.A. (OTC Pink:TYBT) announced that on September 24, 2024, the Board of Directors declared a cash dividend of $.93 per share. The dividend will be payable on October 31, 2024, to shareholders of record as of the close of business on October 15, 2024.
COO Richard Burt stated, "The Board of Directors of Trinity Bank, N.A. is pleased to announce the bank's twenty sixth semiannual cash dividend. The dividend of $.93 per share payable in October 2024 represents a
"Trinity Bank continued to perform well in the first half of 2024 in terms of growth, asset quality, and operating efficiency. With Tier 1 Capital Ratio exceeding
Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: www.trinitybk.com click on "About Us" and then click on "Investor Information". Financial information in regulatory reporting format is also available at www.fdic.gov.
For information contact:
Richard Burt
817-763-9966
This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB‑1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward‑looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward‑looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.
SOURCE: Trinity Bank, NA (Fort Worth, Texas)
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