York Water Co 8-K, filed Nov 6, 2026
York Water Co (YORW)
8-K
2026-11-06
For: 2026-11-06
View Original
Added on
November 06, 2026
About this 8-K
York Water Co filed this 8-K on November 6, 2026.
York Water reported third-quarter 2026 operating revenues of $24,333,000 and net income of $7,809,000, up $3,972,000 and $1,608,000 from the third quarter of 2025. AI summary
Items reported
- Item 2.02: Financial results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report: November 6, 2026
(Date of earliest event reported)
THE YORK WATER COMPANY
(Exact name of registrant as specified in its charter)
| | | | |
| (State or other jurisdiction | (Commission | (I.R.S. Employer | |
| of incorporation) | File Number) | Identification No.) | |
| | | ||
| (Address of principal executive offices) | (Zip Code) | ||
| Registrant's telephone number, including area code ( |
|
Not Applicable
|
|
(Former Name or Former Address, if Changed Since Last Report)
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | |
| (Title of Class) | (Trading Symbol) | (Name of Each Exchange on Which Registered) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§0.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§0.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section
13(a) of the Exchange Act. ◻
THE YORK WATER COMPANY
|
Item 2.02
|
Results of
Operations and Financial Condition.
|
On November 6, 2026, The York
Water Company issued a press release announcing its third quarter and first nine
months 2026 financial results. The press
release is being furnished with this Current Report on Form 8-K Exhibit 99.1
and is hereby incorporated herein by reference.
This report (including the exhibit) shall not be deemed to be “filed”
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, nor shall it be incorporated by reference in any filing made by the
Registrant pursuant to the Securities Act of 1933, as amended, other than to
the extent that such filing incorporates by reference any or all of such
information by express reference thereto.
|
Item 9.01
|
Financial
Statements and Exhibits.
|
|
|
|
|
(c)
Exhibits.
|
|
|
|
|
|
Exhibit No.
|
Description of Exhibit
|
|
|
|
|
99.1
|
Press Release, November 6,
2026, issued by the York Water Company
|
THE YORK WATER COMPANY
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
|
THE YORK WATER COMPANY
|
|
| /s/ Matthew E. Poff | |
|
Date: November 6, 2026
|
Matthew E. Poff
|
|
Chief Financial Officer
|
Exhibit 99.1
|
NEWS RELEASE
Contact Information:
JT Hand, President & CEO
jth@yorkwater.com
-OR-
Matthew E. Poff, Chief Financial Officer
matthewp@yorkwater.com
717-845-3601
|
130 East Market Street
York, PA 17401
|
FOR IMMEDIATE RELEASE
THE YORK WATER COMPANY REPORTS
3rd QUARTER AND NINE MONTHS EARNINGS
York, Pennsylvania, November
6, 2026: The
York Water Company's (NASDAQ:YORW) President, JT Hand, announced the Company's
financial results for the third quarter and the first nine months of 2026.
President Hand reported
that third quarter operating revenues of $24,333,000 increased $3,972,000, and net
income of $7,809,000 increased $1,608,000 compared to the third quarter of 2025.
Basic and Diluted Earnings per share of
$0.48 for the three-month period increased $0.05 compared to the same period
last year. Increased revenues were primarily
due to increase in rates effective March 1, 2026 partially offset by a reset to
zero of the Distribution System Improvement Charge (DSIC). The DSIC is a Pennsylvania Public Utility
Commission allowed charge that water utilities collect from customers for the
replacement of aging infrastructure.
Growth in the customer base also added to revenues. The increased revenue was partially offset by
higher operation and maintenance expenses, depreciation, and income taxes.
President
Hand also reported that the first nine months operating revenues of $67,922,000
increased $9,906,000, and net income of $20,238,000 increased $5,347,000
compared to the first nine months of 2025.
Increased revenues were primarily due to increase in rates effective
March 1, 2026 partially offset by a reset to zero of the DSIC. Growth in the customer base also added to
revenues. The increased revenue was
partially offset by higher operation and maintenance expenses, depreciation,
and income taxes. Basic and Diluted
Earnings per share of $1.30 for the nine-month period increased $0.27 compared
to the same period last year.
During the first nine months of 2026, the Company invested $36.2 million
in capital projects for main
extensions, wastewater treatment plant construction, and an upgrade to the
enterprise software system, as well as various
replacements and improvements to infrastructure and routine items. In addition, the Company invested $470,000 in
the acquisition of two wastewater systems, including the CMV Sewage Co. in York
County and the Pine Run Retirement Community in Adams County. The Company estimates it will invest an
additional $11.8 million in 2026, excluding acquisitions, for additional
main extensions, a continuing upgrade to the enterprise software system, and
routine improvements to its pipes,
service lines, and other facilities to ensure a safe, adequate, and reliable
supply of drinking water and to maintain proper handling and disposal of
wastewater for the Company’s growing customer base.
|
|
Period Ended September 30
|
|||
|
|
In 000's (except per share)
|
|||
|
|
Quarter
|
Nine Months
|
||
|
|
2026
|
2025
|
2026
|
2025
|
|
Operating Revenues
|
$ 24,333
|
$ 20,361
|
$ 67,922
|
$ 58,016
|
|
Net Income
|
$ 7,809
|
$ 6,201
|
$ 20,238
|
$ 14,891
|
|
Average Number of
Common Shares Outstanding
|
16,219
|
14,412
|
15,520
|
14,397
|
|
Basic and Diluted Earnings
Per Common Share
|
$ 0.48
|
$ 0.43
|
$ 1.30
|
$ 1.03
|
|
Dividends Declared
Per Common Share
|
$ 0.2280
|
$ 0.2192
|
$ 0.6840
|
$ 0.6576
|
This
news release may contain forward-looking statements regarding the Company’s
operational and financial expectations. These statements are based on currently
available information and are subject to risks, uncertainties, and other events
which could cause the Company’s actual results to be materially different from
the results described in this statement. The Company undertakes no duty to
update any forward-looking statement.
###