Welcome to our dedicated page for Jd Bancshares news (Ticker: JDVB), a resource for investors and traders seeking the latest updates and insights on Jd Bancshares stock.
JD Bancshares, Inc. (JDVB), parent company of Louisiana's JD Bank, provides essential hub for tracking official announcements and strategic developments. This resource aggregates press releases, regulatory filings, and operational updates from the community-focused financial institution serving southern Louisiana since 1947.
Investors and stakeholders will find timely updates on commercial lending initiatives, deposit product enhancements, and community development programs. The curated collection includes earnings disclosures, leadership announcements, and service expansions, offering insights into the bank's financial health and market strategy.
Regular updates cover key operational areas including risk management practices, digital banking upgrades, and local economic partnerships. Users can monitor the institution's progress through verified information sources while maintaining awareness of industry trends affecting regional banking.
Bookmark this page for streamlined access to JDVB's financial communications and institutional updates. Check back frequently for authoritative reporting on one of Louisiana's established community banking organizations.
JD Bancshares, Inc. (OTCQX: JDVB) reported its unaudited financial results for Q1 2023, showing a net income of $2.1 million or $0.61 per share, down from $3.4 million or $1.00 per share in Q4 2022. PTPPOI was $4.2 million, reflecting a decline due to rising interest expenses and lower non-interest income. Total net interest income decreased to $10.9 million from $11.3 million linked quarter, attributed to declining average earning assets. Despite a decrease in total deposits by $43.8 million, stockholders' equity rose to $65.8 million. The company reported two investment losses but indicated potential growth from its new locations in Baton Rouge and the Northshore.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.27 per share, payable on May 5, 2023, to shareholders of record on April 28, 2023. This decision was made during the Board's meeting held on April 18, 2023. Future dividends will be evaluated quarterly, taking into account the company's earnings, financial condition, and capital requirements. JD Bancshares is the holding company for JD Bank, established in 1947, offering various banking services in southern Louisiana through 22 branch offices and two additional production offices. The company upholds high financial standards and best corporate governance practices as a member of the OTCQX Best Market.
JD Bancshares, Inc. (OTCQX:JDVB) reported its unaudited financial results for Q4 and FY 2022. Net income for Q4 2022 was $3,492,661 ($1.02 per share), up from $3,388,452 ($0.99 per share) in Q3 2022 and $2,977,469 ($0.87 per share) in Q4 2021. For the full year, net income reached $12,166,756 ($3.56 per share), compared to $11,014,968 ($3.21 per share) in 2021. This growth was driven by a 54.92% increase in pre-tax pre-provision operating income, largely due to higher loan volumes and interest rates. Total assets fell 8.87% to $1.2 billion, impacted by deposit outflows. The bank remains cautiously optimistic about growth despite headwinds in 2023.
JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.27 per share, payable on February 3, 2023 to shareholders of record as of January 28, 2023. Future dividends will be determined quarterly, considering earnings and financial conditions. The company has also been recognized in the 2023 OTCQX Best 50, ranking #19 overall based on performance metrics from 2022. This acknowledgment underscores efforts to increase trading volume. JD Bancshares operates JD Bank, serving southern Louisiana since 1947.
JD Bancshares, Inc. (OTCQX: JDVB) reported strong financial results for Q3 and the nine-month period ending September 30, 2022. Net income for Q3 reached $3.39 million ($0.99 per share), up from $3.14 million in Q2 2022. Pre-tax, pre-provision operating income increased 26% from the previous quarter. For the nine-month period, net income totaled $8.67 million ($2.54 per share), representing a 7.6% year-over-year increase. The interest rate environment positively impacted net interest income, which rose to $10.5 million in Q3. However, total assets declined 9% year-to-date due to a decrease in deposits.
JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.25 per share to be paid on November 4, 2022, for shareholders on record as of October 28, 2022. The Board of Directors made this decision during their meeting on October 18, 2022. Future dividends will be determined quarterly, considering earnings, financial health, and other factors. JD Bancshares is the bank holding company of JD Bank, which has operated since 1947, offering various financial services across 22 branches in Louisiana.
JD Bancshares, Inc. (OTCQX: JDVB) reported a robust financial performance for Q2 2022, achieving a net income of $3.14 million or $0.92 per share, marking increases of 49% from Q1 2022 and 21% year-over-year. Pre-tax, pre-provision operating income rose by 47% from Q1, driven by a stronger loan portfolio and net interest income of $9.9 million. The company is expanding its presence into Baton Rouge, although this may strain near-term profits. Total deposits slightly decreased by 2%, but non-performing assets improved.
JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.25 per share, payable on August 5, 2022 to shareholders of record as of July 29, 2022. The decision was made during the Board meeting held on July 19, 2022. Future dividends will be determined quarterly based on various factors including earnings and financial health. JD Bancshares operates JD Bank, serving southwest Louisiana since 1947, with 22 full-service branches along the I-10 corridor.
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