Harleysville Financial (OTCMKTS:HARL) Releases Earnings Results

Harleysville Financial (OTCMKTS:HARL) announced its quarterly earnings results on Wednesday. The bank reported $0.55 earnings per share (EPS) for the quarter, Zacks reports. Harleysville Financial had a net margin of 20.43% and a return on equity of 9.74%.

Harleysville Financial Stock Performance

Shares of Harleysville Financial stock opened at $22.10 on Friday. The company has a fifty day moving average of $22.34 and a 200 day moving average of $22.11. The company has a market capitalization of $80.22 million, a P/E ratio of 9.81 and a beta of 0.34. Harleysville Financial has a fifty-two week low of $20.55 and a fifty-two week high of $23.50.

Harleysville Financial Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, February 19th. Investors of record on Wednesday, February 5th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Wednesday, February 5th. This is an increase from Harleysville Financial’s previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a yield of 5.97%. Harleysville Financial’s payout ratio is 54.15%.

About Harleysville Financial

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.