Texas United Bancshares Announces First Quarter Cash Dividend of $0.08 Per Share, an Increase of 14%
09 Marzo 2005 - 3:25PM
PR Newswire (US)
Texas United Bancshares Announces First Quarter Cash Dividend of
$0.08 Per Share, an Increase of 14% LA GRANGE, Texas, March 9
/PRNewswire-FirstCall/ -- At a meeting held March 3, 2005, the
Board of Directors of Texas United Bancshares, Inc. (NASDAQ:TXUI),
a community banking organization located in central and south
central Texas and in areas north and south of the Dallas-Fort Worth
metroplex, declared a first quarter cash dividend of $0.08 per
share on the Company's common stock. The dividend is payable on
April 1, 2005 to shareholders of record as of the close of business
on March 18, 2005. This represents a 14 percent increase over the
quarterly dividend paid in 2004. Don Stricklin, President and CEO
of Texas United, stated, "As we grow, we are pleased to share our
success with our shareholders in terms of an increased cash return
on their investment." About the Company Texas United Bancshares,
Inc. is a registered financial holding company listed on the Nasdaq
National Market under the symbol "TXUI." Texas United operates
through two wholly-owned subsidiary banks, State Bank and GNB
Financial, N.A. and offers a complete range of banking services
through 20 full-service State Bank banking centers located in the
greater central and south central Texas area and seven full-service
GNB Financial banking centers located in Gainesville, Denton and
Ennis, Texas. In addition, State Bank has 18 mortgage loan
production offices located in Houston, San Antonio and Austin
through the Bank and its wholly-owned subsidiary, Community Home
Loan, Inc. Forward-Looking Statements Except for historical
information, certain of the matters discussed in this news release
may constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties, including, but not limited to, the following:
general business and economic conditions in the markets Texas
United serves may be less favorable than expected which could
decrease the demand for loan, deposit and other financial services
and increase loan delinquencies and defaults; changes in the
interest rate environment which could reduce Texas United's net
interest margin; acquisition integration may be more difficult than
anticipated; legislative or regulatory developments including
changes in laws concerning taxes, banking, securities, insurance
and other aspects of the financial securities industry; competitive
factors may increase, including product and pricing pressures among
financial services organizations; and changes in accounting
principles, policies or guidelines. All written or oral
forward-looking statements are expressly qualified in their
entirety by these cautionary statements. Please also read the
additional risks and factors described from time to time in Texas
United's reports and registration statements filed with the
Securities and Exchange Commission. We disclaim any obligation to
update or revise any forward-looking statements contained in this
release. DATASOURCE: Texas United Bancshares, Inc. CONTACT: Tom
Adams of Texas United Bancshares, Inc., +1-979-968-7261
Copyright
Grafico Azioni Texas United Bancshares (NASDAQ:TXUI)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Texas United Bancshares (NASDAQ:TXUI)
Storico
Da Set 2023 a Set 2024
Notizie in Tempo Reale relative a Texas United Bancshares (NASDAQ): 0 articoli recenti
Più Texas United Bancshares (MM) Articoli Notizie