Calvin B. Taylor Bank Declares Quarterly Dividend of $0.37 per Share

Calvin B. Taylor Bankshares has declared a quarterly cash dividend of $0.37 per share for Q2 2025. This dividend is payable on August 7, 2025, to shareholders of record as of July 28, 2025. The company's strong financial performance and robust capital level have allowed for a 5.7% increase in year-to-date dividends compared to the same period last year.

Calvin B. Taylor Bankshares, Inc. has declared a quarterly cash dividend of $0.37 per share for the second quarter of 2025. This dividend is scheduled to be paid on August 7, 2025, to shareholders of record as of July 28, 2025. The bank's strong financial performance and robust capital levels have enabled a 5.7% increase in year-to-date dividends compared to the same period last year.

The company's recent financial results demonstrate its ability to navigate challenging economic conditions. Calvin B. Taylor Bankshares reported a 18.6% increase in net income to $2.4 million for the second quarter of 2025, compared to $2.0 million in the same period last year. Total assets increased by 5.9% to $1.48 billion, driven primarily by a 9.8% growth in loans to $1.11 billion. The bank maintained strong asset quality with minimal past due loans and recorded net recoveries of $5,000 for the quarter.

Union Bankshares (NASDAQ: UNB), a subsidiary of Calvin B. Taylor Bankshares, also announced a quarterly dividend of $0.36 per share for the second quarter of 2025. This dividend reflects the bank's commitment to shareholder returns and demonstrates its financial stability and growth prospects [2].

The bank's net interest income increased by 10.1% year-over-year, indicating effective balance sheet management in a challenging interest rate environment. Total deposits grew to $1.10 billion, and the company's book value per share improved to $15.66 from $14.16 year-over-year.

The dividend increase is a testament to Calvin B. Taylor Bankshares' strong financial performance and its ability to generate value for shareholders. The company's commitment to shareholder returns, coupled with its solid financial health, positions it well for future growth and stability.

References:
[1] https://www.marketscreener.com/quote/stock/PROSPERITY-BANCSHARES-INC-9691661/news/Prosperity-Bancshares-Inc-Announces-Common-Stock-Third-Quarter-Dividend-of-2025-Payable-on-Octobe-50523879/
[2] https://www.stocktitan.net/news/UNB/union-bankshares-announces-earnings-for-the-three-and-six-months-g46fy5w5mjhd.html