Harleysville Financial Q3 profit rises on higher net interest margin
HARL•HARL•HARL•HARL•| Metric | Actual |
|---|---|
| Q3 Net Income | $2.95 mln |
| Q3 Net Interest Income | $7.96 mln |
| Q3 Pretax Profit | $3.85 mln |
The board declared a regular quarterly dividend of $0.35 per share.
The company did not provide specific guidance for future quarters or the fiscal year.
Harleysville Financial said fiscal third-quarter net income and earnings per share rose year over year, helped by higher net interest margin growth and continued balance sheet expansion.
The company also cited disciplined pricing strategies and effective cost management as drivers of results, according to CEO Brendan J. McGill.
