Welcome to our dedicated page for Jbt Bancorp news (Ticker: JBTC), a resource for investors and traders seeking the latest updates and insights on Jbt Bancorp stock.
JBT Bancorp, Inc (JBTC) provides essential banking services as a community-focused financial institution, prioritizing net interest income stability and disciplined credit practices. This news hub offers investors and stakeholders timely access to official announcements, regulatory filings, and operational updates directly impacting the company's regional market position.
Discover a centralized resource for earnings reports, leadership changes, and strategic initiatives that shape JBTC's role in community banking. The curated collection simplifies tracking material developments in deposit management, loan portfolio growth, and risk mitigation strategies critical to regional financial institutions.
Users gain immediate access to primary source documents including SEC filings, press releases about service expansions, and analyses of interest rate impacts on the bank's operations. Regular updates ensure informed perspectives on how JBTC maintains asset quality while navigating competitive banking landscapes.
Bookmark this page for efficient monitoring of JBT Bancorp's financial stewardship and community engagement efforts. Check back frequently for unfiltered access to the developments driving sustainable growth in regional banking services.
JBT Bancorp (OTCQX: JBTC) has reported strong financial results for the first quarter of 2025. The company achieved quarterly earnings of $1,687,000, or $0.69 per share, marking a significant increase from $1,307,000 or $0.54 per share in the previous year.
The improved performance was driven by growth in two key areas: net interest income after credit loss expense increased by 7.87% year-over-year, while non-interest income saw a 13.13% rise, primarily due to higher debit card interchange revenue. The interchange income growth was attributed to increased transaction volumes and amounts.
JBT Bancorp (OTCQX: JBTC) reported Q4 2024 earnings of $1,775,000 with earnings per share of $0.73, marking a 14.38% decrease from Q4 2023 due to a $482,000 increase in credit loss expense. Full-year unaudited earnings reached $7,555,000 with EPS of $3.10, down 3.05% from $7,793,000 and $3.20 EPS in the previous year.
The company achieved notable growth in core deposits and surpassed the $950 million asset mark. However, this growth necessitated a 44.81% increase in provisioning expense compared to the prior year. Management highlighted strong margin performance despite rate cuts in the fourth quarter.
JBT Bancorp, Inc. (OTCQX: JBTC) reported Q3 2024 earnings of $2,306,000 or $0.94 per share. Nine-month earnings reached $5,780,000 or $2.37 per share, a 1.05% increase from the previous year's $5,720,000 or $2.35 per share. President & CEO Troy A. Peters attributed the growth to increased net interest income, which rose 2.65% year-to-date, while actively slowing loan growth and focusing on overall liquidity. The company experienced a stabilization in funding costs as most certificates of deposit were repriced to current rates, leading to a more stable financial environment.
JBT Bancorp, Inc. (OTCQX: JBTC), the holding company of Jonestown Bank & Trust Co. (JBT), has appointed Gina Breslin to its Board of Directors, effective October 1, 2024. Breslin, a Shareholder and Consultant with North Group Consultants, brings expertise in organizational health and leadership development.
Troy A. Peters, President and CEO of JBT, welcomed Breslin, stating her addition would be valuable as the company moves forward. Breslin, originally from Myerstown, PA, holds a bachelor's degree in Education and is a 2014 graduate of Leadership Lancaster. She expressed enthusiasm for JBT's mission and people-first approach, emphasizing the importance of healthy relationships and excellent service in strengthening communities.
Breslin aims to support JBT's leaders in advancing operational excellence, teamwork, continuous improvement, and driving results. She also serves on the Board of Jubilee Ministries and volunteers in leadership development programs.
JBT Bancorp, Inc. (OTCQX: JBTC) has reported its second quarter 2024 earnings, with quarterly earnings of $2,167,000 or $0.89 per share. The company's six-month earnings reached $3,474,000 or $1.43 per share, marking a 2.36% increase from the previous year's $3,394,000 or $1.39 per share. President & CEO Troy A. Peters attributed the earnings growth to effective management of net interest income amid rising funding costs. This performance demonstrates JBTC's ability to navigate challenging financial environments and maintain positive earnings momentum.
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