Harleysville Financial (OTCMKTS:HARL) Announces Quarterly Earnings Results

Harleysville Financial (OTCMKTS:HARL) announced its earnings results on Wednesday. The bank reported $0.59 earnings per share (EPS) for the quarter, Zacks reports. Harleysville Financial had a net margin of 20.43% and a return on equity of 9.69%.

Harleysville Financial Trading Up 1.8 %

OTCMKTS HARL traded up $0.39 on Wednesday, hitting $22.24. 293 shares of the company were exchanged, compared to its average volume of 2,656. The stock has a fifty day moving average of $22.28 and a 200-day moving average of $22.30. The company has a market cap of $80.20 million, a PE ratio of 9.71 and a beta of 0.21. Harleysville Financial has a 12 month low of $20.75 and a 12 month high of $24.00.

Harleysville Financial Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.94%. This is an increase from Harleysville Financial’s previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, February 5th. Harleysville Financial’s dividend payout ratio (DPR) is 57.64%.

Harleysville Financial Company Profile

Harleysville Financial Corporation operates as the bank holding company for Harleysville Bank that provides various banking products and services in Pennsylvania. The company offers various deposit products, including savings, money market, and checking accounts, as well as certificates of deposits. It also provides consumer loans, including residential mortgages, savings account loans, and home equity line of credit, construction, and non-real estate consumer loans; and commercial loans, such as commercial mortgages, line of credit, and commercial business loans.