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Skyline Bankshares Appoints New Director and Announces Dividend

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Skyline Bankshares Appoints New Director and Announces Dividend

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An update from Skyline Bankshares ( (SLBK) ) is now available.

On February 18, 2025, Skyline Bankshares appointed Israel O’Quinn as a director of the company and its subsidiary, Skyline National Bank. The board also amended the company’s bylaws to increase the number of directors from fourteen to fifteen. Mr. O’Quinn, with extensive experience in commerce, energy, and regional economic development, is expected to strengthen the company’s market position in southwest Virginia and eastern Tennessee. Additionally, on February 24, 2025, the company announced a cash dividend of $0.25 per share.

More about Skyline Bankshares

Skyline Bankshares, Inc. is the holding company for Skyline National Bank, which operates in the financial services industry. The bank serves southwestern Virginia, northwestern North Carolina, and eastern Tennessee with 28 branches and 2 loan production offices, focusing on expanding its presence in these regions.

YTD Price Performance: 5.71%

Average Trading Volume: 4,001

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $72.52M

See more data about SLBK stock on TipRanks’ Stock Analysis page.

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