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Integrated FINL HLDGS Inc - IFHI STOCK NEWS

Welcome to our dedicated news page for Integrated FINL HLDGS (Ticker: IFHI), a resource for investors and traders seeking the latest updates and insights on Integrated 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 Integrated 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 Integrated FINL HLDGS's position in the market.

Rhea-AI Summary
Integrated Financial Holdings, Inc. (IFHI) released its financial results for the fourth quarter of 2023, showcasing a net income of $2.8 million, a 22% efficiency ratio improvement, and a 2.31% Return on Average Assets. Total assets, net loans, and total deposits saw significant increases compared to 2022. The Bank exceeded the minimum thresholds established for well-capitalized banks, showing strong capital and liquidity strength.
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Rhea-AI Summary
Integrated Financial Holdings, Inc. (IFHI) released its financial results for Q3 2023. Net income for the quarter was $2.4 million compared to a net loss of $7.5 million in Q3 2022. Year-to-date net income was $8.3 million compared to a net loss of $2.6 million in the prior year. Net interest income was $5.6 million for Q3 2023. Return on average assets was 1.97% for the quarter. Efficiency ratio improved to 69.6% in Q3 2023 compared to 189.7% in Q3 2022. Total assets increased by $51.3 million or 11% since December 31, 2022.
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Integrated FINL HLDGS Inc

OTC:IFHI

IFHI Rankings

IFHI Stock Data

71.16M
1.72M
0.05%
Offices of Other Holding Companies
Management of Companies and Enterprises
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United States
Raleigh