Harleysville Financial Q4 net income rises, aided by BOLI benefits
HARL•Harleysville Financial reported Q4 net income of $3.02 million, with growth aided by non-recurring bank-owned life insurance benefits. The company declared a regular quarterly dividend of $0.35 per share.
1. Q4 results
Harleysville Financial’s Q4 net income rose year over year, aided by non-recurring bank-owned life insurance income. Net interest income was $8.24 million and pretax profit was $3.94 million; the company also cited loan growth and a healthy net interest margin, and declared a regular quarterly dividend of $0.35 per share.
