Svb&T Corporation (SVBT)
OTCQX OTCQX Primary Summary
SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Reports 2024 Third Quarter and Year to Date Earnings
JASPER, IN / ACCESSWIRE / November 13, 2024 / SVB&T Corporation (OTCQX:SVBT), parent company of Springs Valley Bank & Trust Company, today announced 2024 third quarter unaudited earnings of $1.71 million or $1.56 earnings per share (EPS), a 6.12% increase over the same prior year period earnings on a per share basis. This third quarter 2024 performance translates to a return on average assets (ROAA) of 1.11%, which equates to the same prior year period ROAA of 1.11%.
SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Declares Quarterly Dividend
JASPER, IN / ACCESSWIRE / September 18, 2024 / SVB&T Corporation (OTCQX:SVBT), the parent company of Springs Valley Bank & Trust Company, announced that its Board of Directors declared a quarterly dividend of $0.20 per share of the Corporation's common stock. The quarterly dividend is payable on or about January 15, 2025 to shareholders of record as of the close of business on December 16, 2024.
SVB&T Corporation Reports 2024 Second Quarter and YTD Earnings and Declares Quarterly Dividend
JASPER, IN / ACCESSWIRE / August 13, 2024 / SVB&T Corporation (OTCQX:SVBT), parent company of Springs Valley Bank & Trust Company, today announced 2024 second quarter unaudited earnings of $1.70 million or $1.55 earnings per share (EPS), a 14.81% increase over the same prior year period earnings on a per share basis. This second quarter 2024 performance translates to a return on average assets (ROAA) of 1.12%, compared to the same prior year period of 1.01%.
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Svb&T Corporation Profile
| Banks Industry | Financials Sector | Mr. Jamie R. Shinabarger CEO | OTCQX Exchange | US7848661051 ISIN |
| US Country | - Employees | 16 Jun 2025 Last Dividend | 11 Mar 2022 Last Split | - IPO Date |
Overview
SVB & T Corporation operates as the parent financial holding company for Springs Valley Bank & Trust Company, primarily serving families and businesses across Dubois, Daviess, Gibson, Orange, and surrounding counties in southern Indiana. Founded in 1902 and based in French Lick, Indiana, the company provides a broad spectrum of banking and financial services tailored to meet the needs of its clients. From traditional banking products to comprehensive financial planning and investment management, SVB & T Corporation is dedicated to supporting the financial well-being of its community.
Products and Services
SVB & T Corporation offers a variety of financial products and services designed to cater to both personal and business needs, including:
- Banking Accounts: The company provides an array of account options including checking, savings, and club accounts; coupled with certificates of deposit, individual retirement accounts, health savings accounts, and safe deposit boxes.
- Personal Loans: Offering mortgages, construction loans, professional loans, and programs for first-time homebuyers, including veteran's administration, federal housing administration, and US Department of Agriculture loans. Additionally, home equity lines of credit and broad consumer loan products are available.
- Business Loans: A comprehensive portfolio of loans for businesses including commercial loans, agricultural financing, lines of credit, and options for small business administration or farm service agency support, alongside leasing opportunities.
- Financial Planning and Investment Services: Tailored financial planning, investment management, estate planning, and administration services, in addition to trust services. Brokerage services offer mutual funds, annuities, tax-advantaged investments, life insurance products, retirement plans, and professionally managed accounts.
- Online Solutions: Advanced online banking capabilities including e-statements, retail bill pay, mobile banking with mobile deposit and transfer services, and a mobile wallet feature, ensuring efficient and secure management of finances. Moreover, specialized cash management services cater to the unique needs of businesses.
Contact Information
