Petersburg, WV – Highlands Bankshares, Inc. (OTC: HBSI) announced unaudited earnings of $1,775,000 for the first three-month period ended March 31, 2026. This represents an increase of 28% from the $1,384,000 earned during the same period in 2025. On a per share basis, net income was $1.35 for the first three months of 2026, compared to earnings of $1.04 per share for the three months ending March 31, 2025.
On April 14, 2026, the Board of Directors declared a quarterly dividend of $0.47 per share to be paid on May 1, 2026, to all shareholders of record as of April 24, 2026. Based upon the current market price and annualizing the dividends paid to shareholders this quarter, Highlands’ current dividend yield is 4.13%.
Jack H. Walters, Chairman and Chief Executive Officer of the holding company, stated “Our subsidiary banks are performing at a high level, achieving record levels of assets, deposits and income on a quarterly basis. This is made possible by the efforts of outstanding community bankers throughout our organization who value community and personal relationships with customers.
Highlands Bankshares, Inc. operates twelve banking locations in West Virginia and Virginia through wholly owned subsidiary banks, The Grant County Bank and Capon Valley Bank, and offers insurance services through its wholly owned subsidiary HBI Life Insurance Company. Capon Valley Bank will be opening their new Winchester North branch, located in Winchester, Virginia, in the first half of 2026. The Grant County Bank also plans to start construction of a new branch located in Falling Waters, WV in late spring 2026.
