First Niles Financial Announces Dividend

NILES – Investors of First Niles Financial Inc., will receive a third-quarter cash dividend of 6 cents per share of common stock and 7cents per share of preferred class A stock for the third quarter.

The dividend was announced Thursday and will be payable Sept. 23 to shareholders of record Sept. 9.

FNFI is the parent company of Home Federal Savings and Loan Association of Niles, which primarily serves the Niles area.

First Niles reports $130.4 million in assets and $13.9 million in stockholders’ equity as of June 30, 2022. The bank exceeded all its applicable regulatory capital requirements at that time.

The stock reports on the OCT Pink under the symbol FNFI.

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