Mid-Southern Bancorp Inc

Mid-Southern Bancorp, Inc. is the savings and loan holding company of Mid-Southern Savings Bank, which it originates one-to-four family residential real estate mortgage loans inclusion home equity lines of credit, commerical, multifamily real estate, and construction loans. It also offers commerical business and other consumer loans. The company was founded on July 11, 2018 and is headquartered in Salem, IN.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q1 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Mid-Southern Bancorp, Inc. is a savings and loan holding company, which engages in loans related services through Mid-Southern Savings Bank. It offers home equity lines of credit, commercial and multi-family real estate, and construction loans. The company was founded in 1886 and is headquartered in Salem, IN.

MID-SOUTHERN BANCORP, INC., MID-SOUTHERN SAVINGS BANK, FSB AND BEACON CREDIT UNION SIGN DEFINITIVE PURCHASE AND ASSUMPTION AGREEMENT

SALEM, Ind., July 26, 2023 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company's outstanding common stock. The cash dividend will be payable on August 25, 2023 to shareholders of record as of the close of business on August 11, 2023. The declaration and payment of future dividends to holders of the Company's common stock will be at the discretion of the Board of Directors, and will depend upon many factors, including the Company's financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

Mid-Southern Bancorp, Inc. Announces its Quarterly Cash Dividend

SALEM, Ind., July 24, 2023 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the second quarter ended June 30, 2023 of $400,000 or $0.14 per diluted share compared to $526,000 or $0.19 per diluted share for the same period in 2022. For the six months ended June 30, 2023, the Company reported net income of $740,000 or $0.27 per diluted share compared to $993,000 or $0.36 per diluted share for the same period in 2022.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Second Quarter Ended June 30, 2023

SALEM, Ind., May 16, 2023 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), today issued the following letter to the Company's stockholders in connection with the Company's annual meeting of stockholders (the “Annual Meeting”):

Mid-Southern Bancorp, Inc. Announces Proxy Advisory Firms ISS and Glass Lewis Recommend Stockholders Vote “AGAINST” Stockholder Proposal Recommending the Engagement of an Investment Banking Firm

SALEM, Ind., April 28, 2023 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the first quarter ended March 31, 2023 of $340,000 or $0.13 per diluted share compared to $467,000 or $0.17 per diluted share for the same period in 2022.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the First Quarter Ended March 31, 2023

SALEM, Ind., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the fourth quarter ended December 31, 2022 of $376,000 or $0.14 per diluted share compared to $377,000 or $0.13 per diluted share for the same period in 2021. For the year ended December 31, 2022, the Company reported net income of $1.9 million or $0.69 per diluted share compared to $1.6 million or $0.55 per diluted share for the same period in 2021.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2022

SALEM, Ind., Dec. 15, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced today that the Company's Board of Directors has approved an increase in the number of members of the Board of Directors from seven to eight and has appointed James (Jimmy) O. King, III to the Board of Directors. Similar action was taken to add Mr. King to the Board of Directors of the Bank.

Mid-Southern Bancorp, Inc. Announces Increase in the Number of the Board of Directors and Appointment of James O. King III as a New Director

SALEM, Ind., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company's outstanding common stock, an increase of 50 percent versus the prior quarterly dividend rate of $0.04 per share. The cash dividend will be payable on November 25, 2022 to shareholders of record as of the close of business on November 10, 2022. The declaration and payment of future dividends to holders of the Company's common stock will be at the discretion of the Board of Directors, and will depend upon many factors, including the Company's financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

Mid-Southern Bancorp, Inc. Announces a 50 Percent Increase in its Quarterly Cash Dividend

SALEM, Ind., Oct. 24, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the third quarter ended September 30, 2022 of $512,000 or $0.19 per diluted share compared to $456,000 or $0.16 per diluted share for the same period in 2021. For the nine months ended September 30, 2022, the Company reported net income of $1.5 million or $0.55 per diluted share compared to $1.2 million or $0.42 per diluted share for the same period in 2021.

Mid-Southern Bancorp, Inc. Reports Results of Operations For the Third Quarter Ended September 30, 2022

SALEM, Ind., July 25, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the second quarter ended June 30, 2022 of $526,000 or $0.19 per diluted share compared to $397,000 or $0.13 per diluted share for the same period in 2021. For the six months ended June 30, 2022, the Company reported net income of $993,000 or $0.36 per diluted share compared to $775,000 or $0.26 per diluted share for the same period in 2021.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Second Quarter Ended June 30, 2022

SALEM, Ind., May 25, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (NASDAQ - MSVB) (“Company”), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced today that the Company's Board of Directors has expanded the number of shares eligible for repurchase under its previously adopted stock repurchase program. Under the expanded repurchase program, the Company may repurchase an additional 142,000 shares of its common stock, or approximately 5% of the current outstanding shares.

Mid-Southern Bancorp, Inc. Announces Expansion of Its Stock Repurchase Program

SALEM, Ind., April 25, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the first quarter ended March 31, 2022 of $467,000 or $0.17 per diluted share compared to $378,000 or $0.13 per diluted share for the same period in 2021.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the First Quarter Ended March 31, 2022

SALEM, Ind., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the fourth quarter ended December 31, 2021 of $377,000 or $0.13 per diluted share compared to $200,000 or $0.07 per diluted share for the same period in 2020. For the year ended December 31, 2021, the Company reported net income of $1.6 million or $0.55 per diluted share compared to $1.2 million or $0.38 per diluted share for the same period in 2020.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2021

SALEM, Ind., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.04 per share on the Company's outstanding common stock, an increase of 33 percent versus the prior quarterly dividend rate of $0.03 per share and the second increase announced during 2021. The cash dividend will be payable on November 26, 2021 to shareholders of record as of the close of business on November 12, 2021. The declaration and payment of future dividends to holders of the Company's common stock will be at the discretion of the Board of Directors, and will depend upon many factors, including the Company's financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

Mid-Southern Bancorp, Inc. Announces a 33 Percent Increase in its Quarterly Cash Dividend and the Hiring of James O. King III as Executive Vice President and Senior Loan Officer of Mid-Southern Savings Bank, FSB

SALEM, Ind., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the third quarter ended September 30, 2021 of $456,000 or $0.16 per diluted share compared to $264,000 or $0.09 per diluted share for the same period in 2020. For the nine months ended September 30, 2021, the Company reported net income of $1.2 million or $0.42 per diluted share compared to $991,000 or $0.31 per diluted share for the same period in 2020.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Third Quarter of 2021

SALEM, Ind., July 28, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.03 per share on the Company's outstanding common stock. The cash dividend will be payable on August 27, 2021 to shareholders of record as of the close of business on August 13, 2021. The declaration and payment of future dividends to holders of the Company's common stock will be at the discretion of the Board of Directors, and will depend upon many factors, including the Company's financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

Mid-Southern Bancorp, Inc. Announces Declaration of its Quarterly Cash Dividend

SALEM, Ind., July 26, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the second quarter ended June 30, 2021 of $397,000 or $0.13 per diluted share compared to $342,000 or $0.10 per diluted share for the same period in 2020. For the six months ended June 30, 2021, the Company reported net income of $775,000 or $0.26 per diluted share compared to $727,000 or $0.22 per diluted share for the same period in 2020.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Second Quarter of 2021

SALEM, Ind., April 26, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the first quarter ended March 31, 2021 of $378,000 or $0.13 per diluted share compared to $385,000 or $0.12 per diluted share for the same period in 2020.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the First Quarter Ended March 31, 2021

SALEM, Ind., Feb. 22, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the fourth quarter ended December 31, 2020 of $200,000 or $0.07 per diluted share compared to $196,000 or $0.06 per diluted share for the same period in 2019. For the year ended December 31, 2020, the Company reported net income of $1.2 million or $0.38 per diluted share compared to $960,000 or $0.29 per diluted share for the same period in 2019.

Mid-Southern Bancorp, Inc. Reports Results of Operations for the Fourth Quarter and Year Ended December 31, 2020

SALEM, Ind., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.03 per share on the Company's outstanding common stock, an increase of 50 percent versus the prior quarterly dividend rate of $0.02 per share. The cash dividend will be payable on March 1, 2021 to shareholders of record as of the close of business on February 19, 2021. The declaration and payment of future dividends to holders of the Company's common stock will be at the discretion of the Board of Directors, and will depend upon many factors, including the Company's financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

News for Mid-Southern Bancorp Inc Stock (MSVB)