HVBC - Dividend announcements

MANSFIELD, Pa. , June 16, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) (the "Company" or "CZFS"), the holding company for First Citizens Community Bank ("FCCB"), completed its merger with HV Bancorp, Inc. (NASDAQ:HVBC) and FCCB completed its merger with HVBC's subsidiary bank, Huntingdon Valley Bank ("HVB"). Under the terms of the merger agreement, HVBC merged with and into CZFS with CZFS as the surviving corporation and HVB merged with and into FCCB with FCCB as the surviving institution. This strategically compelling merger is expected to enhance and expand CZFS's presence in communities located in Montgomery, Bucks and Philadelphia Counties in Pennsylvania, New Cas

MANSFIELD, Pa., June 9, 2023 /PRNewswire/ -- Citizens Financial Services, Inc. (NASDAQ:CZFS) ("CZFS") announced today that the exchange ratio for the pending merger HV Bancorp, Inc. ("HVBC") with and into CZFS has been finalized at 0.4040 shares of CZFS stock for each share of HVBC stock. The original exchange ratio has been adjusted from 0.4000 shares of CZFS stock for each share of HVBC stock to 0.4040 shares of CZFS stock for each share of HVBC stock to reflect the 1% stock dividend declared on May 30, 2023 by CZFS and payable on June 30, 2023. About Citizens Financial Services, Inc. Citizens Financial Services, Inc. (NASDAQ:CZFS) is a $2.3 billion bank holding company conducting business

DOYLESTOWN, Pa., Feb. 17, 2023 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the Company for the year ended December 31, 2022. Net income for the year ended December 31, 2022, was $2.2 million ($1.12 per basic share and $1.06 per diluted share) versus net income of $4.1 million ($2.04 per basic share and $1.98 per diluted share), for the year ended December 31, 2021. For 2022, net interest income increased to $18.8 million and net interest margin continues to improve, increasing to 3.42% for the year ended December 31, 2022 compared to 2021. Travis J. T

DOYLESTOWN, Pa., Nov. 04, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the Company for the quarter and nine months ended September 30, 2022. Net income for the quarter ended September 30, 2022, was $705,000 or ($0.35 per basic share and $0.34 per diluted share) versus net income of $640,000 or ($0.33 per basic share and $0.31 per diluted share) for the quarter ended June 30, 2022. Net income for the nine months ended September 30, 2022, was $1.9 million ($0.98 per basic share and $0.94 per diluted share) versus net income of $3.7 million ($1.86 pe

DOYLESTOWN, Pa., Aug. 05, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the Company for the quarter and six months ended June 30, 2022. Net income for the quarter ended June 30, 2022, was $640,000 or ($0.33 per basic share and $0.31 per diluted share) versus net income of $1.3 million or ($0.65 per basic share and $0.63 per diluted share). Net income for the six months ended June 30, 2021, was $1.2 million ($0.63 per basic share and $0.60 per diluted share) versus net income of $2.6 million ($1.30 per basic share and $1.27 per diluted share). For th

DOYLESTOWN, Penn., May 06, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the quarter ended March 31, 2022. Net income for the quarter ended March 31, 2022, was $601,000 ($0.30 per basic share of common stock and $0.29 per diluted share of common stock) versus net income of $1.3 million ($0.66 per basic share of common stock and $0.65 per diluted share of common stock) for the quarter ended March 31, 2021. Book value per share increased from $18.32 per share of common stock to $19.13 per share of common stock at March 31, 2022 over the same period.

DOYLESTOWN, Pa., Feb. 18, 2022 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the year ended December 31, 2021. Net income for the year ended December 31, 2021, was $4.1 million ($2.04 per basic share of common stock and $1.98 per diluted share of common stock) versus net income of $5.8 million ($2.84 per basic and diluted shares of common stock) for the year ended December 31, 2020. This resulted in shareholders' equity increasing 9.5% from $38.9 million at December 31, 2020, to $42.6 million at December 31, 2021, and book value per share increasing from

DOYLESTOWN, Pa., Nov. 05, 2021 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the quarter and nine months ended September 30, 2021. Net income for the quarter ended September 30, 2021, was $1.1 million ($0.56 per basic share of common stock and $0.54 per diluted share of common stock) versus net income of $2.1 million ($1.02 per basic and diluted shares of common stock), for the quarter ended September 30, 2020. Net income for the nine months ended September 30, 2021 was $3.7 million ($1.86 per basic share of common stock and $1.82 per diluted share of co

DOYLESTOWN, Pa., Aug. 06, 2021 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company" or "HVB") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported operating results for the Company for the quarter and six months ended June 30, 2021. Net income for the quarter ended June 30, 2021 was $1.3 million or ($0.65 per basic share and $0.63 per diluted share) versus net income of $1.5 million or ($0.73 per basic and diluted shares), for the quarter ended June 30, 2020. Net income for the six months ended June 30, 2021 was $2.6 million ($1.30 per basic share and $1.27 per diluted share) versus net income of $1.6 million ($0.80 per basic and diluted shares

DOYLESTOWN, Pa., May 07, 2021 (GLOBE NEWSWIRE) -- HV Bancorp, Inc. (the "Company") (Nasdaq Capital Market: HVBC), the holding company of Huntingdon Valley Bank (the "Bank"), reported results for the Company for the quarter ended March 31, 2021.  At quarter end March 31, 2021, the Company held total assets of $595.7 million (67.5% over first quarter 2020), total deposits of $477.2 million (71.5% increase over first quarter 2020) and total equity of $39.9 million (18.0% increase over first quarter 2020).  Highlights in the first quarter of 2021 include net earnings of $1.3 million, or $0.66 per basic share and $0.65 per diluted share, vs. net earnings of $149,000, or $0.07 per basic and dilu