Harleysville Financial Corporation Announces Earnings for the Fiscal Year Ended September 30, 2025, and the Declaration of Regular Cash Dividend

Harleysville Financial Corporation (OTCQX:HARL) reported today that the Company’s Board of Directors declared a regular quarterly cash dividend of $.33 per share on the Company’s common stock. The cash dividend will be payable on November 12, 2025 to stockholders of record on October 29, 2025.

Net income for the twelve months ended September 30, 2025 amounted to $9,534,000 or $2.61 per diluted share compared to $8,860,000 or $2.43 per diluted share for the twelve months ended September 30, 2024.

Net income for the fourth quarter of fiscal year 2025 amounted to $2,867,000 or $.77 per diluted share compared to $2,051,000 or $.56 per diluted share for the fourth quarter of fiscal year 2024.

Commenting on the year-end operating results, President and Chief Executive Officer Brendan J. McGill said, “We are pleased to report strong financial results for fiscal year 2025, with solid earnings of $9,534,000. The company's balance sheet remains robust, driven by notable growth in loans and consistent deposit retention. Strong performance was also supported by an improved interest margin, a solid efficiency ratio, and excellent asset quality.

Entering fiscal 2026, we anticipate our customers will maintain a conservative approach to borrowing and spending, a trend driven by ongoing economic uncertainty. We remain committed to meeting their financial needs by offering competitive rates on both loans and deposits."

The Company’s assets totaled $928.0 million compared to $863.0 million a year ago. Stockholders’ book value increased 6.0% to a record $25.25 per share from $23.83 a year ago.

Harleysville Financial Corporation is traded on the OTCQX market under the symbol HARL (http://www.otcmarkets.com) and is the holding company for Harleysville Bank. Established in 1915, Harleysville Bank is a Pennsylvania chartered and federally insured bank, headquartered in Harleysville, PA. The Bank operates from six full-service offices located in Montgomery County and one full-service office located in Bucks County, Pennsylvania.

This presentation may contain forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995). Actual results may differ materially from the results discussed in these forward-looking statements. Factors that might cause such a difference include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values and competition; changes in accounting principles, policies, or guidelines; changes in legislation or regulation; and other economic; competitive, governmental, regulatory, and technological factors affecting the Company's operations, pricing, products, and services.

Harleysville Financial Corporation
Selected Consolidated Financial Data as of September 30, 2025
(Dollars in thousands except per share data)		Year-To-Date
(Unaudited)		Twelve Months Ended:						Three Months Ended:
Selected Consolidated Earnings Data		Sep 30, 2025			Sep 30, 2024			Sep 30, 2025				June 30, 2025			Mar 31, 2025				Dec 31, 2024			Sep 30, 2024
Total interest income		$	40,920		$	37,796		$	11,038			$	10,325		$	9,745			$	9,812		$	9,797
Total interest expense			13,909			12,478			3,698				3,324			3,274				3,613			3,681
Net Interest Income			27,011			25,318			7,340				7,001			6,471				6,199			6,116
Provision for loan losses			154			71			(84	)			118			(28	)			148			46
Net Interest Income after Provision for Loan Losses			26,857			25,247			7,424				6,883			6,499				6,051			6,070
Bank owned life insurance			414			403			105				101			103				105			102
Other income			2,275			2,188			592				557			572				554			572
Total other expenses			17,145			16,469			4,370				4,297			4,434				4,044			4,161
Income before income taxes			12,401			11,369			3,751				3,244			2,740				2,666			2,583
Income tax expense			2,867			2,509			884				713			610				660			532
Net Income		$	9,534		$	8,860		$	2,867			$	2,531		$	2,130			$	2,006		$	2,051
Per Common Share Data
Basic earnings		$	2.64		$	2.43		$	0.80			$	0.70		$	0.59			$	0.55		$	0.56
Diluted earnings		$	2.61		$	2.43		$	0.77			$	0.70		$	0.59			$	0.55		$	0.56
Dividends		$	1.30		$	1.23		$	0.33			$	0.33		$	0.33			$	0.31		$	0.31
Special Dividend		$	-		$	1.20		$	-			$	-		$	-			$	-		$	-
Tangible book value		$	25.25		$	23.83		$	25.25			$	24.80		$	24.40			$	24.13		$	23.83
Shares outstanding			3,587,377			3,637,748			3,587,377				3,589,883			3,605,824				3,628,170			3,637,748
Average shares outstanding - basic			3,609,548			3,639,171			3,589,417				3,591,861			3,624,490				3,634,394			3,636,212
Average shares outstanding - diluted			3,650,511			3,647,636			3,719,559				3,597,353			3,631,337				3,641,435			3,643,915

		Year-To-Date
		Twelve Months Ended:						Three Months Ended:
Other Selected Consolidated Data		Sep 30, 2025			Sep 30, 2024			Sep 30, 2025			June 30, 2025			Mar 31, 2025			Dec 31, 2024			Sep 30, 2024
Return on average assets		1.08	%		1.04	%		1.25	%		1.14	%		0.99	%		0.93	%		0.95	%
Return on average equity		10.81	%		10.40	%		12.82	%		11.49	%		9.66	%		9.24	%		9.53	%
Net interest rate spread		2.68	%		2.61	%		2.83	%		2.80	%		2.63	%		2.47	%		2.42	%
Net yield on interest earning assets		3.13	%		3.03	%		3.26	%		3.22	%		3.07	%		2.95	%		2.90	%
Operating expenses to average assets		1.94	%		1.93	%		1.90	%		1.94	%		2.06	%		1.88	%		1.93	%
Efficiency ratio		57.72	%		59.01	%		54.37	%		56.10	%		62.05	%		58.97	%		61.28	%
Ratio of non-performing loans to total assets at end of period		0.09	%		0.17	%		0.09	%		0.11	%		0.14	%		0.18	%		0.17	%
Loan loss reserve to total loans, net		0.68	%		0.69	%		0.68	%		0.70	%		0.69	%		0.70	%		0.69	%
Stockholders' equity to assets		9.76	%		10.04	%		9.76	%		9.87	%		10.10	%		10.16	%		10.04	%

Selected Consolidated Financial Data		Sep 30, 2025				June 30, 2025				Mar 31, 2025				Dec 31, 2024				Sep 30, 2024
Total assets		$	928,042			$	901,837			$	871,430			$	861,327			$	862,988
Cash & investment securities			12,030				14,901				13,577				14,198				16,525
Mortgage-backed securities			164,769				142,550				125,115				124,774				127,523
Total Investments			176,799				157,451				138,692				138,972				144,048
Consumer Loans receivable			348,499				344,494				341,850				341,175				340,618
Commercial Loans receivable			364,896				364,488				357,076				348,424				343,346
Loan loss reserve			(4,841	)			(4,949	)			(4,828	)			(4,854	)			(4,714	)
Total Loans receivable net			708,554				704,033				694,098				684,745				679,250
FHLB stock			7,507				5,435				3,874				3,909				5,501
Checking accounts			254,881				264,641				266,215				259,589				255,472
Savings accounts			205,057				207,953				214,159				206,369				208,491
Certificate of deposit accounts			212,064				217,567				216,918				224,273				201,424
Total Deposits			672,002				690,161				697,292				690,231				665,387
Advances			155,408				110,853				74,016				74,585				102,273
Total stockholders' equity			90,577				89,035				87,986				87,552				86,686

 

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The Harleysville Financial Corporation Stock at the time of publication of the news with a raise of +0,26 % to 24,47USD on Nasdaq OTC stock exchange (15. Oktober 2025, 16:15 Uhr).