HARLEYSVILLE, PA — Harleysville Financial Corporation (OTCQX: HARL) declared a quarterly cash dividend of $0.35 per share and reported higher second-quarter earnings compared with the same period last year.
The dividend will be payable May 13, 2026, to stockholders of record as of April 29, 2026.
Net income for the quarter was $3,811,000, or $1.06 per diluted share, up from $2,130,000, or $0.59 per diluted share, a year earlier.
Results included non-recurring bank-owned life insurance benefits of $1,139,000, or $0.32 per diluted share.
Excluding those benefits, net income for the quarter totaled $2,672,000, a 25% increase from the prior year period.
For the six months ended March 31, 2026, net income was $6,478,000, or $1.80 per diluted share, compared with $4,136,000, or $1.14 per diluted share, a year earlier.
Excluding BOLI benefits, six-month net income was $5,339,000, representing a 29% increase year over year.
Chief Executive Officer Brendan McGill said the bank’s credit quality and interest rate spread improved during the period.
“While our results for the quarter benefited from the BOLI income, we are encouraged by the bank’s growing financial resilience,” McGill said.
Total assets rose to $957.7 million from $871.4 million a year earlier.
Stockholders’ tangible book value increased to $26.39 per share from $24.40.
Harleysville Financial is the holding company for Harleysville Bank, which operates seven branches in Montgomery and Bucks counties in Pennsylvania.
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