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Freedom Finl Hldgs Inc - FDVA STOCK NEWS

Welcome to our dedicated news page for Freedom Finl Hldgs (Ticker: FDVA), a resource for investors and traders seeking the latest updates and insights on Freedom Finl Hldgs.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Freedom Finl Hldgs's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Freedom Finl Hldgs's position in the market.

Rhea-AI Summary
Freedom Financial Holdings (FDVA) announced a net loss of $2,006,393, or -$0.27 per diluted share for the three months ended December 31, 2023. Despite the loss, tangible book value per share increased by 2.70% during the quarter. The Company recognized a provision for loan losses of $4,751,441 in the fourth quarter, largely related to a single relationship. Net income for the full year 2023 was $2,318,695 or $0.32 per diluted share, compared to $10,563,572 or $1.45 per diluted share for the full year 2022. Total assets were $1.08 billion on December 31, 2023, an increase of $99.60 million or 10.11% from total assets on December 31, 2022.
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1.36%
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Rhea-AI Summary
Freedom Financial Holdings announces net income of $1.3 million for Q3 2023
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-0.47%
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Rhea-AI Summary
Freedom Financial Holdings reports net income of $1,770,075 for Q2 2023, an increase of 43% compared to the previous quarter. The company achieved steady growth in loans and total deposits. Net interest margin declined due to higher deposit costs, but non-interest income increased by 18%. The management team has launched performance projects to increase fee-based revenues and lower expenses.
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1.82%
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2.74%
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-2.56%
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-0.35%
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-0.34%
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Freedom Finl Hldgs Inc

OTC:FDVA

FDVA Rankings

FDVA Stock Data

71.47M
4.82M
Commercial Banking
Finance and Insurance
Link
United States
Fairfax