This Regional Bank Is Raising Its Dividend…

An over-the-counter regional banking stock that outperforms household names like Citigroup Inc. and Wells Fargo?

It’s more common than you might think. Many regional banks beat big-name financial institutions. This is due to the fact that regional banks are… regional. They aren’t exposed to the same geopolitical risks as major banks.

Plus, regional banks often have a geographic moat. While anyone can open a Chase or Discover bank account online, these firms generally don’t make business loans. If you’re a farmer who needs to borrow $500,000 for a new combine, or you run the local construction company that needs a $2 million revolving credit line, you’re going somewhere local.

And while today’s stock has lagged the general market, and even lagged a few big names like JPMorgan Chase & Co., it’s paid dividends every year for 60 years. And, this company has raised its dividend for 32 consecutive years.

The business in question is PSB Holdings, Inc. ($PSBQ).

PSB Holdings, Inc. is a holding company for Peoples State Bank, a regional bank located in Wisconsin. The firm offers all your typical banking services like checking and savings accounts, debit cards, and certificates of deposit. But, PSB Holdings also offers SBA loans, mortgages, and business lines of credit.