Harleysville Financial Corporation has announced a significant increase in its quarterly dividend, raising it by 6.1% to $0.35 per share. This decision comes after the company reported a sharp increase in earnings and continued growth in its balance sheet. The new dividend will be payable on February 25, 2026, to shareholders of record as of February 11, 2026.
The announcement follows a strong performance in the company’s fiscal first quarter, which ended on December 31, 2025. Harleysville Financial reported a net income of $2.67 million, translating to $0.74 per diluted share. This marks a notable increase from the previous year’s net income of $2.01 million, or $0.55 per diluted share, representing a remarkable 33% rise in profit.
Business Growth and Future Outlook
Brendan J. McGill, President and Chief Executive Officer of Harleysville Financial, attributed the company’s success to “steady execution across the company’s core business lines.” He emphasized that the robust financial performance was driven by consistent loan growth, expansion of the investment portfolio, and a commitment to maintaining asset quality.
“The board’s decision to increase the dividend reflects our confidence in the strength of our balance sheet and our ongoing ability to create additional value for our shareholders,” McGill stated. This positive performance is further illustrated by the company’s total assets, which climbed to $940.1 million at the end of the quarter, up from $861.3 million the previous year. Additionally, the tangible book value for stockholders rose to $25.67 per share, compared to $24.13 per share at the same time last year.
Community Focus and Banking Services
Harleysville Financial serves as the holding company for Harleysville Bank, a Pennsylvania-chartered, federally insured community bank. The bank operates six full-service offices in Montgomery County and one in Bucks County, providing a variety of traditional banking services to individuals, businesses, and local organizations.
McGill reaffirmed the company’s focus on disciplined growth while adhering to its community banking model. “We continue to build the franchise thoughtfully, supporting our customers and communities while maintaining strong capital and liquidity,” he noted.
As Harleysville Financial moves forward, the company’s strategy appears centered on sustainable growth, ensuring it not only meets the needs of its shareholders but also supports the communities it serves. The increased dividend serves as a testament to its strong financial health and commitment to delivering value to investors.
