JBTC Announces 3rd Quarter 2021 Earnings
JBT Bancorp (OTC Pink: JBTC) reported a strong financial performance for the third quarter of 2021, earning $1,662,000 or $0.68 per share.
Sentiment and the balance of points
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Rhea-AI Summary
JBT Bancorp (OTC Pink: JBTC) reported a strong financial performance for the third quarter of 2021, earning $1,662,000 or $0.68 per share. Year-to-date earnings reached $4,820,000, a 57.3% increase compared to $3,063,000 in the previous year. Key drivers included growth in loan interest income, mortgage profits, and fees from the Paycheck Protection Program. Additionally, reductions in interest expenses and the loan loss provision further contributed to the results.
Positive
- Year-to-date earnings of $4,820,000 represent a 57.3% increase from the prior year.
- Quarterly earnings of $1,662,000 reflect strong financial health.
- Increased loan interest income and mortgage profits boosted earnings.
Negative
- None.
Details
News Market Reaction – JBTC
The recorded move for JBTC in the trading session of this news was +1.16%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
JONESTOWN, Pa., Oct. 29, 2021 (GLOBE NEWSWIRE) -- JBT Bancorp, Inc. (OTC Pink: JBTC) reported quarterly earnings of
More information is available in the quarterly shareholder letter found on the Investors Relations tab of jbt.bank.
Contact: Andrea Shetterly, EAA
ashetterly@jbt.bank
Jonestown Bank & Trust Co.
2 West Market Street
Jonestown, PA 17038-0717
Phone: 717-865-4246
FAQ
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