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Harleysville Financial Corp.: An 'Under The Radar' Dividend Gem

Published Mon, 29 Jan 2018 11:20:57 -0500 on Seeking Alpha

Harleysville Financial Corp (HARL) is a bank holding company that owns and operates Harleysville Bank, a small community lender based in Montgomery County in the Philadelphia, PA metro area.
The bank has 9 locations scattered throughout the area (illustration below). The relatively small number of locations helps to explain its extremely small market capitalization of $88 million. In fact, a few years ago the bank elected to delist its shares from the Nasdaq stock exchange because the expenses associated with maintaining a listing on a major exchange like Nasdaq were simply too large in relation to its size. Fortunately for investors, the stock still trades over the counter, with average daily volume (per MarketWatch) of approximately 1000 shares.
Source: Company Website; Map from Bing
Small is Beautiful When It Comes to Community Banks Community banks appeal to me as a potential investment precisely because they are so small. When daily transaction volume in a company's stock averages around $25000, it's difficult for major investors and financial institutions to buy into microcap stocks such as Harleysville Financial Corp. without drastically moving the price. As a result, these stocks receive relatively little interest from most investors. This can sometimes result in valuation gaps between micro-cap stock and their larger-capitalized (and better-known) counterparts. Retail investors who are comfortable with trading illiquid securities can use this valuation... Read more

Stock name Last trade   P/E Earnings/Share Dividend/Share Dividend yield
HARLEYSVILLE SAVINGS BANK 22.85   0.0 0.00 0.00 0.00

HARLEYSVILLE SAVINGS BANK - HARL
HARLEYSVILLE SAVINGS BANK - HARL  


Older articles featuring Harleysville Savings Bank (HARL):
Harleysville Financial Corporation Announces Regular Cash Dividend and Third Quarter Earnings for Fiscal Year 2021
Harleysville Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2021
Harleysville Financial Corporation Announces a 3.7% Increase of the Regular Cash Dividend and Earnings for the First...
Harleysville Financial Corporation Announces Earnings for the Fiscal Year Ended September 30, 2020 and the Declaration...
Harleysville Financial Corporation Announces Regular Cash Dividend and Third Quarter Earnings for Fiscal Year 2020
Harleysville Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2020
Harleysville Financial Corporation Announces Regular Cash Dividend and Third Quarter Earnings for Fiscal Year 2019
Harleysville Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2019
Harleysville Financial Corporation Announces Regular Cash Dividend and Third Quarter Earnings for Fiscal Year 2018
Harleysville Financial Corporation Announces Regular Cash Dividend and Second Quarter Earnings for Fiscal Year 2018

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