MARKET WIRE NEWS

First Keystone Corporation Announces Third Quarter Dividend

MWN-AI** Summary

First Keystone Corporation (OTC: FKYS), the parent company of First Keystone Community Bank, has declared a quarterly cash dividend of $0.28 per share. This dividend is set for shareholders on record as of September 11, 2025, and will be payable on September 30, 2025. Year-to-date dividends for 2025 now total $0.84 per share, matching the same period in 2024, indicating a consistent return for shareholders.

As of June 30, 2025, First Keystone has recorded notable financial achievements, including a 1.4% increase in total assets, bringing the total to approximately $1.44 billion. The net loans increased by 4.1% to about $952 million, while total deposits surged by 7.4%, reaching over $1.05 billion. Impressively, net interest income saw a robust increase of 18.1%, totaling around $18.28 million. Furthermore, net income experienced a remarkable rise of 123.3%, amounting to $3.97 million, translating to a per-share increase of 123.1% to $0.64.

The Corporation remains committed to being a leading financial provider and aims to continue serving its communities into 2025 and beyond. Management acknowledges the need to consider any subsequent events that may impact financial disclosures up to the filing date with the SEC, ensuring that all relevant information is accurately reported.

First Keystone Community Bank offers a range of innovative banking products, operating across several counties in Pennsylvania, underscoring its focus on combining traditional values with forward-looking vision in financial services. For inquiries related to stock purchases, First Keystone has established contacts with various brokerage firms.

For further information or media inquiries, Jack W. Jones can be reached at 570-752-3671.

MWN-AI** Analysis

First Keystone Corporation (OTCID: FKYS) has announced a quarterly dividend of $0.28 per share, reflecting its steady commitment to returning value to shareholders. This dividend, payable on September 30, 2025, marks a consistent payout for the second consecutive year, reinforcing the corporation's stability amidst the dynamic market environment.

A closer examination of the corporation's financial performance reveals encouraging trends. As of June 30, 2025, First Keystone reported total assets of approximately $1.44 billion, representing a 1.4% increase from the previous year. Notably, total net loans surged by 4.1% to over $952 million, indicating enhanced lending activities which can signal a strong local economy and increased consumer confidence. The increase in total deposits by 7.4% to $1.06 billion further underscores trust and growth in the bank's operations.

More impressively, net interest income soared by 18.1%, contributing significantly to a staggering year-over-year net income increase of 123.3%, translating to $0.64 per share. This level of growth is particularly noteworthy and is a testament to effective management strategies and potentially favorable market conditions.

Despite the positive indicators, potential shareholders should approach with tempered optimism, given the forward-looking statements and the inherent risks mentioned in the release. Regulatory changes, economic fluctuations, and competitive pressures are factors to consider when evaluating the corporation's future performance.

Overall, First Keystone Corporation appears to be in a robust financial position, positioning itself as a reliable investment for those interested in dividend income. Long-term investors may find this an opportunistic time to consider adding FKYS to their portfolios, keeping an eye on the corporation's adaptability to market conditions and future financial disclosures.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

First Keystone Corporation (the “Corporation”) (OTCID - FKYS), parent company of First Keystone Community Bank, declared a $0.28 per share quarterly cash dividend to shareholders of record as of September 11, 2025, payable September 30, 2025.

Cash dividends amounted to $0.84 per share year-to-date as of September 30, 2025, the same as year-to-date cash dividends paid as of September 30, 2024.

During the second quarter of 2025, the Corporation again achieved some record balance sheet levels. Key performance indicators and balance sheet measures at June 30, 2025 and year-to-date income statement results as of June 30, 2025 vs. the same period in 2024 are as follows:

  • Assets amounted to $1,437,389,000, an increase of 1.4%
  • Total Net Loans grew 4.1% to $952,008,000
  • Total Deposits were $1,057,278,000, a 7.4% increase
  • Net interest income increased 18.1% to $18,275,000
  • Net income increased 123.3% to $3,967,000 and on a per share basis, 123.1% to $0.64/share

The Corporation looks forward to being the financial services provider of choice to our customers and the communities we serve in 2025 and beyond.

Management considers subsequent events occurring after the balance sheet date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company’s consolidated financial statements when filed with the Securities and Exchange Commission (“SEC”). Accordingly, the financial information in this announcement is subject to change.

First Keystone Community Bank provides innovative business and personal banking products that focus on “Yesterday’s Traditions. Tomorrow’s Vision.” The Bank currently operates offices in Columbia (5), Luzerne (8), Montour (1), Monroe (4), and Northampton (1) counties.

Inquiries regarding the purchase of the Corporation’s stock may be made through the following brokers: RBC Wealth Management, 800-223-4207; Janney Montgomery Scott, Inc., 800-526-6397; Boenning & Scattergood, Inc., 800-883-1212; and Stifel Nicolaus & Co. Inc., 800-679-5446.

Note: This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include operating, legal and regulatory risks, changing economic and competitive conditions and other risks and uncertainties.

For more information on First Keystone Community Bank or its parent company, First Keystone Corporation, please contact Jack W. Jones at 570-752-3671.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250828680532/en/

First Keystone Corporation
Jack W. Jones
570-752-3671

FAQ**

How does the financial performance of First Keystone Corp. FKYS in Q2 2025, including the 123.3% increase in net income, influence your investment decisions in the banking sector?

The impressive 123.3% increase in net income for First Keystone Corp. in Q2 2025 indicates strong financial health, prompting me to consider increasing my investment in the banking sector, as it suggests potential for growth and stability in a challenging market.

What strategies does First Keystone Corp. FKYS plan to implement to maintain its growth in total deposits, which increased by 7.4% year-over-year?

First Keystone Corp. plans to enhance customer engagement through targeted marketing, expand its product offerings to attract new clients, and focus on improving digital banking services to maintain and accelerate growth in total deposits.

Considering the cash dividend of $0.28 per share declared by First Keystone Corp. FKYS, how do you evaluate the sustainability of its dividend policy in the current economic climate?

The sustainability of First Keystone Corp.'s $0.28 per share dividend in the current economic climate can be evaluated as cautious yet feasible, depending on the company's earnings stability, cash flow adequacy, and overall financial health to withstand potential economic fluctuations.

What are the potential risks you foresee for First Keystone Corp. FKYS, given the changing economic and competitive conditions mentioned in their press release?

Potential risks for First Keystone Corp. (FKYS) amid changing economic and competitive conditions include increased interest rates affecting loan demand, heightened competition impacting market share, and potential credit quality deterioration in a fluctuating economy.

**MWN-AI FAQ is based on asking OpenAI questions about First Keystone Corp. (OTC: FKYS).

First Keystone Corp.

NASDAQ: FKYS

FKYS Trading

0.0% G/L:

$19.50 Last:

400 Volume:

$19.35 Open:

mwn-ir Ad 300

FKYS Latest News

FKYS Stock Data

$120,238,522
5,530,361
0.47%
2
N/A
Banking
Finance
US
Berwick

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App