VICTORY BANCORP INC - VTYB STOCK NEWS

Victory Bancorp, Inc. (OTCQX: VTYB) declared a quarterly cash dividend of $0.0650 per share on January 18, 2023. This payment will be made on or about February 15, 2023, to stockholders of record by the close of business on January 31, 2023. The company operates The Victory Bank, which serves small and mid-sized businesses in Pennsylvania, boasting three locations in Montgomery and Berks Counties. Established in 2008, it specializes in high-quality banking services.

Victory Bancorp, Inc. (OTCQX: VTYB) announced a one-time special cash dividend of $0.10 per share, to be paid on or about December 23, 2022, for stockholders of record by December 10, 2022. Chairman and CEO Joseph Major highlighted the bank's strong financial position and confidence in future growth opportunities for 2023. The bank serves small to mid-sized businesses and professionals in Pennsylvania through its locations in Montgomery and Berks Counties.

The Victory Bancorp (OTCQX: VTYB) reported unaudited financial results for the quarter ended September 30, 2022. The company achieved a net income of $1.2 million, or approximately $0.56 per diluted share. Interest income increased by $825,000 year-over-year, boosting the net interest margin to 4.06%. Total assets reached $437 million, with deposits steady at $394 million and net loans up to $312 million. The company also announced a $0.065 per share cash dividend.

Victory Bancorp, Inc. (OTCQX:VTYB) has declared a quarterly cash dividend of $0.0650 per share, set to be paid on or about September 12, 2022. The record date for shareholders is August 26, 2022. The company operates The Victory Bank, a Pennsylvania state-chartered commercial bank, serving small and mid-sized businesses.

Victory Bancorp, Inc. (VTYB) reported its unaudited financial results for the second quarter of 2022, achieving a net income of $1.0 million, equivalent to approximately $0.50 per diluted share. Stockholders' equity increased by $2.4 million, reaching a total of $25.8 million. The bank's total assets grew by 1.0% to $457 million, with deposits rising 2.4% to $414 million. A cash dividend of $0.065 per share was paid. Credit quality remained stable, with a reduced provision for loan losses of $94 thousand.

Victory Bancorp (OTCQX: VTYB) announced a quarterly cash dividend of $0.0650 per share, a rise from the previous quarter's $0.050. The dividend will be paid on June 14, 2022, to stockholders of record by May 27, 2022. Chief Executive Officer Joseph Major highlighted the bank's strong performance and commitment to customer service as key factors in this increase. The Victory Bank, headquartered in Limerick, Pennsylvania, focuses on delivering high-quality banking services to small and mid-sized businesses.

The Victory Bank has announced the promotion of Michael Senico to Senior Vice President, effective April 28, 2022. Senico has been with the bank since 2017 and specializes in structuring commercial loans. With over 23 years of experience in commercial banking and mortgage lending, he holds degrees in Business Administration and Accounting, along with a Banking Diploma. Chief Lending Officer Alex Kroll praised Senico's expertise and client service. The Victory Bank, established in 2008, focuses on community banking and specialized business lending.

The Victory Bancorp (OTCQX: VTYB) reported strong first-quarter results for 2022, showing a net income of $931,000 or $0.46 per diluted share. The book value per share increased to $12.92. Total assets rose by 5.9% to $458 million, with deposits climbing 13.2% to $411 million. A cash dividend of $0.05 per share was paid to shareholders. Credit quality remains stable, with a reduced provision for loan losses of $40,000, down from $73,000 last year.