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CHARLES TOWN, W.Va. - Potomac Bancshares, Inc. (OTCID:PTBS), the holding company of BCT-Bank of Charles Town, with a market capitalization of $70 million and a strong dividend track record spanning 13 consecutive years, announced Tuesday the appointment of C.W. Chris "Chip" Hensell, III, to its Board of Directors, effective August 19, 2025. According to InvestingPro data, the company maintains a healthy 3.1% dividend yield and has raised its dividend for four consecutive years.
Hensell, who will also serve on the Board of Directors of the Bank of Charles Town, is the Owner/Broker of Hensell Realty Company, Inc., a residential and commercial real estate brokerage founded in 1955. He became the full owner of the family business in 2001 and also owns Hensell Prime, LLC, a real estate referral brokerage, and C&H Enterprises, a real estate rental company.
Dr. Keith Berkeley, Chairman of the Board for PTBS and BCT, stated in the press release that Hensell’s real estate knowledge would provide "strategic insights and opportunities" for the company.
In addition to his business ventures, Hensell serves on the Board of Directors for Farmers and Mechanics Mutual Insurance, WVU East Hospital, and the Berkeley County Parks and Recreation Board.
Hensell studied Business Management at Marshall University and resides in Berkeley County, West Virginia, with his wife, Karen.
Potomac Bancshares, Inc. reported approximately $920 million in assets as of June 30, 2025. The company operates through its main office, eight branch offices, and two loan production offices across West Virginia, Maryland, and Virginia. The bank has demonstrated solid performance with a 10.2% revenue growth in the last twelve months and maintains a GOOD overall financial health score according to InvestingPro analysis, which offers comprehensive financial metrics and additional insights for investors seeking detailed company evaluation.
In other recent news, Potomac Bancshares, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share. This dividend will be distributed to shareholders on August 7, 2025, with the record date set for July 31, 2025. This announcement is part of the company’s ongoing efforts to provide returns to its investors. There were no other major updates regarding earnings, mergers, or analyst ratings for Potomac Bancshares in the latest reports. The declaration of dividends often reflects a company’s confidence in its financial stability and future prospects. Investors typically view such announcements as a positive sign of a company’s financial health. Potomac Bancshares continues to focus on maintaining shareholder value through consistent dividend payments.
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