Advertisement
  • My account
  • Subscribe
  • Contact
Subscribe For $2.50/Month
Print Editions
Pendleton Times
  • Local
  • Obits
  • School
  • Sports
  • Editorial
  • State
  • National
  • eTimes
  • Legals
  • Contact Us
  • My account
  • Subscribe
  • FAQ
  • Login
No Result
View All Result
  • Local
  • Obits
  • School
  • Sports
  • Editorial
  • State
  • National
  • eTimes
  • Legals
  • Contact Us
  • My account
  • Subscribe
  • FAQ
  • Login
No Result
View All Result
Pendleton Times
No Result
View All Result

Highlands Bankshares Reports Year End Earnings

Mountain Media, LLC by Mountain Media, LLC
March 7, 2023
in Local
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Highlands Bankshares, Inc. announced unaudited earnings of $4,427,000 for the year ended Dec. 31, 2022. This represents a decrease of 10.29% from the $4,935,000 earned during 2021. On a per share basis, net income was $3.31 for 2022, compared to earnings of $3.69 per share for the year ended Dec. 31, 2021. 

On Feb. 14, the board of directors declared a quarterly dividend of $0.45 per share to be paid on March 6 to all shareholders of record as of Feb. 27. Based upon the current market price and annualizing the dividends paid to shareholders this quarter, Highlands’ current dividend yield is 4.19%. 

Jack H. Walters, chairman and chief executive officer of the holding company, stated “We are pleased with our operating results from the past year. While 2022, presented its share of challenges such as inflation and the unprecedented pace of interest rate increases, we remained focused on building and growing relationships with consumers and businesses throughout our market areas. We look forward to serving our many customers throughout the Potomac Highlands and Virginia in 2023.” 

Highlands Bankshares, Inc. operates 12 banking locations in West Virginia and Virginia through its two wholly-owned subsidiary banks, The Grant County Bank and Capon Valley Bank, and offers insurance services through its wholly-owned subsidiary HBI Life Insurance Company.

Sign up for our newsletter.

Enter your email address to receive weekly updates.

You will receive a confirmation email for your subscription. Please check your inbox and spam folder to complete the confirmation process.
Some fields are missing or incorrect!
Lists
Previous Post

Senior Farmers Market Nutrition Program Announced

Next Post

Black Bear Harvest Numbers Released

Next Post

Black Bear Harvest Numbers Released

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sign Up To Our Newsletters

  • My account
  • Subscribe
  • Contact

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

  • Login
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
No Result
View All Result
  • Local
  • Obits
  • School
  • Sports
  • Editorial
  • State
  • National
  • eTimes
  • Legals
  • Contact Us
  • My account
  • Subscribe
  • FAQ
  • Login

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.