MAIN STREET FINANCIAL SERVICES CORP. to Present at the Banking Virtual Investor Conference March 6th
Generated by AI AgentWesley Park
Tuesday, Mar 4, 2025 8:46 am ET1min read
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Main Street Financial Services Corp. (OTCQX: MSWV), the holding company parent of Main Street Bank Corp., is set to present at the Banking Virtual Investor Conference hosted by VirtualInvestorConferences.com on March 6th, 2025. The event will take place at 11:30 AM EST, and investors are invited to ask the company questions in real-time. If attendees cannot join the event live, an archived webcast will be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
The company's presentation comes on the heels of its recent merger with Wayne Savings Bancshares, Inc. (OTCQX: WAYN), which was completed on May 31, 2024. The merger has had a positive impact on the company's financial performance and growth prospects. Some key highlights from the second full quarter following the merger include:
* Net income for the fourth quarter of 2024 totaled $3.2 million, or $0.41 per common share.
* Annualized deposit growth of 19.7% for the quarter ended December 31, 2024.
* Reduced reliance on wholesale funding by $40 million during the fourth quarter of 2024.
* Declared a cash dividend of $0.14 per share on January 10, 2025.
The merger has expanded Main Street Bank Corp.'s branch infrastructure and customer base, allowing the company to provide full-service banking, commercial lending, and mortgage services across a broader range of communities in Ohio and West Virginia. The company's steady growth and expanding community service can be attributed to the loyal support of its customers, the vision and judgment of its founders, the sound guidance of its directors, and the caliber of its officers and employees.
Investors interested in learning more about Main Street Financial Services Corp. and its recent merger with Wayne Savings Bancshares, Inc. are encouraged to attend the Banking Virtual Investor Conference on March 6th, 2025, and engage with the company's management team during the live Q&A session.
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Main Street Financial Services Corp. (OTCQX: MSWV), the holding company parent of Main Street Bank Corp., is set to present at the Banking Virtual Investor Conference hosted by VirtualInvestorConferences.com on March 6th, 2025. The event will take place at 11:30 AM EST, and investors are invited to ask the company questions in real-time. If attendees cannot join the event live, an archived webcast will be made available after the event. It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
The company's presentation comes on the heels of its recent merger with Wayne Savings Bancshares, Inc. (OTCQX: WAYN), which was completed on May 31, 2024. The merger has had a positive impact on the company's financial performance and growth prospects. Some key highlights from the second full quarter following the merger include:
* Net income for the fourth quarter of 2024 totaled $3.2 million, or $0.41 per common share.
* Annualized deposit growth of 19.7% for the quarter ended December 31, 2024.
* Reduced reliance on wholesale funding by $40 million during the fourth quarter of 2024.
* Declared a cash dividend of $0.14 per share on January 10, 2025.
The merger has expanded Main Street Bank Corp.'s branch infrastructure and customer base, allowing the company to provide full-service banking, commercial lending, and mortgage services across a broader range of communities in Ohio and West Virginia. The company's steady growth and expanding community service can be attributed to the loyal support of its customers, the vision and judgment of its founders, the sound guidance of its directors, and the caliber of its officers and employees.
Investors interested in learning more about Main Street Financial Services Corp. and its recent merger with Wayne Savings Bancshares, Inc. are encouraged to attend the Banking Virtual Investor Conference on March 6th, 2025, and engage with the company's management team during the live Q&A session.
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