Petersburg, WV – Highlands Bankshares, Inc. (OTC: HBSI) announced unaudited earnings of $5,565,000 for the first nine-month period ended September 30, 2026. This represents an increase of 29% from the $4,326,000 earned during the same period in 2025. On a per share basis, net income was $4.26 for the first nine months of 2026, compared to earnings of $3.28 per share for the nine months ended September 30, 2025.
On October 13, 2026, the Board of Directors declared a quarterly dividend of $0.48 per share to be paid on October 30, 2026 to all shareholders of record as of October 23, 2026. Based upon the current market price and annualizing the dividends paid to shareholders this quarter, Highlands’ current dividend yield is 4.15%.
Jack H. Walters, Chairman and Chief Executive Officer of the holding company, stated, “Earnings in Q3 continue to show marked improvement over the year ago period. We are pleased to report earnings that are favorable to the same period last year, a reflection of the hard work of our employees and the continued loyalty of the customers and communities we serve. We remain optimistic about our performance through year-end and are grateful for the ongoing confidence and support of our shareholders.”
Highlands Bankshares, Inc. currently operates thirteen banking locations in West Virginia and Virginia through its two wholly-owned subsidiary banks, Highlands Bank and Capon Valley Bank, and offers insurance services through its wholly-owned subsidiary HBI Life Insurance Company. Capon Valley Bank opened its new Winchester North branch, located in Winchester, Virginia in June 2026 and
Highlands Bank began construction of a new branch located in Falling Waters, W.Va. in September 2026.