Harleysville Financial (OTCMKTS:HARL) Releases Earnings Results

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

Harleysville Financial Trading Down 1.6 %

Shares of OTCMKTS HARL opened at $22.10 on Friday. Harleysville Financial has a 1-year low of $20.55 and a 1-year high of $23.50. The firm’s 50-day moving average price is $22.34 and its 200-day moving average price is $22.11. The firm has a market capitalization of $80.22 million, a P/E ratio of 9.81 and a beta of 0.34.

Harleysville Financial Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 19th. Stockholders of record on Wednesday, February 5th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.97%. This is an increase from Harleysville Financial’s previous quarterly dividend of $0.31. The ex-dividend date is Wednesday, February 5th. Harleysville Financial’s payout ratio is currently 54.15%.

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.