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First Keystone Corp. - FKYS STOCK NEWS

Welcome to our dedicated news page for First Keystone (Ticker: FKYS), a resource for investors and traders seeking the latest updates and insights on First Keystone.

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 First Keystone'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 First Keystone's position in the market.

Rhea-AI Summary
First Keystone Corporation (FKYS) announces a $0.28 per share quarterly cash dividend, with positive balance sheet growth but declining net income. Key performance indicators show mixed results compared to the previous year.
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Rhea-AI Summary
First Keystone Corporation (FKYS) reported a net income of $5,560,000 for the year ended December 31, 2023, with a decrease of 60.4% compared to 2022. Total interest income increased by 22.8%, but interest expense rose by 37.3%. Non-interest income increased by 15.5%, and non-interest expenses increased by 9.2%. Total assets increased by 6.5%, and deposits decreased by 1.3%. Stockholders’ equity increased by 1.0%. The Corporation has also experienced a shift from transactional deposits to term deposits.
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-2.06%
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Rhea-AI Summary
First Keystone Corporation (FKYS) declares a $0.28 per share quarterly cash dividend, achieving record balance sheet levels and continued profitability. Interest income increased by 22.5% to $41,195,000, with total net loans growing by 4.5%. However, net income decreased by 65.2% to $3,779,000, and net interest income decreased by 24.2% to $21,796,000.
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Rhea-AI Summary
First Keystone Corporation, parent company of First Keystone Community Bank, reported a net income of $3,779,000 for the nine months ended September 30, 2023. Net income per share was $0.62 while dividends totaled $0.84 per share. Net income decreased by 65.2% compared to the same period in 2022 due to increases in interest expense and non-interest expense. Total interest income increased by 22.5% while total interest expense increased by $14,518,000. Non-interest income increased by 1.6%. Non-interest expense increased by 12.7%. Total assets decreased by 0.3% and deposits decreased by 6.2%. Stockholders' equity decreased by 0.3%.
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1.21%
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Rhea-AI Summary
First Keystone Corporation declares $0.28 per share quarterly cash dividend, achieved record balance sheet levels and continued profitability in Q2 2023.
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Rhea-AI Summary
First Keystone Corporation, parent company of First Keystone Community Bank, reported a net income of $2,496,000 for the six months ended June 30, 2023. Net income per share was $0.41 while dividends totaled $0.56 per share. Net income decreased by 66.1% compared to the same period in 2022 due to increases in interest expense and non-interest expense. Total interest income increased by 24.0% primarily due to increased interest rates and growth in commercial real estate loans. Total interest expense increased by $9,543,000 primarily due to increased interest paid to depositors and short-term borrowings. Non-interest income increased by 3.0% mainly due to gains on sales of mortgage loans and ATM and debit card fees. Non-interest expense increased by 13.7% mainly due to increases in salaries and employee benefits, ATM and debit card expense, occupancy expenses, data processing expenses, and professional services expense. Total assets increased by 0.3% to $1,307,899,000.
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2.86%
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First Keystone Corp.

OTC:FKYS

FKYS Rankings

FKYS Stock Data

78.43M
5.34M
10.41%
1.5%
Commercial Banking
Finance and Insurance
Link
United States
Berwick