Core Viewpoint - Potomac Bancshares, Inc. will present at the Banking Virtual Investor Conference on March 26, 2026, showcasing its financial performance and growth strategies [1][2]. Company Overview - Potomac Bancshares, Inc. is the bank holding company for Potomac Bank, founded in 1871, with a network of nine branches and two loan production offices serving West Virginia, Maryland, and Northern Virginia [3][4]. - The bank offers a range of financial services, including consumer and commercial banking, trust and wealth management, and residential lending, and is recognized as a Small Business Administration (SBA) Preferred Lender [3]. Recent Financial Highlights - Net income increased by 31% year-over-year from 2024 to 2025, reaching $2.4 million [5]. - Return on assets stands at 0.97% and return on equity at 11.46% [5]. - Loan balances grew by 7% year-over-year, while deposit balances increased by 8% [5]. - Asset quality improved, with nonperforming assets decreasing to zero [5]. - Tangible book value per share rose by 12% year-over-year to $19.88 [5]. - Cash dividends on common stock increased by 11% year-over-year to $0.51 [5].
Potomac Bancshares to Present at the Banking Virtual Investor Conference March 26, 2026
Prnewswire·2026-03-25 12:16