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. (OTCQX: JDVB) is the bank holding company for JD Bank, a Louisiana state-chartered community bank headquartered in Jennings, Louisiana. News about JDVB frequently centers on JD Bank’s role in commercial banking across south Louisiana, including its lending, deposit, and wealth-related activities.
Company press releases provide detailed quarterly and year-to-date financial results, covering net income, net interest income, non-interest income, non-interest expense, and key performance ratios such as return on average assets, return on average equity, and net interest margin. These updates also describe trends in loan growth, deposit mix, balance sheet composition, and asset quality, including nonperforming assets, non-accrual loans, and the Allowance for Credit Losses.
JD Bancshares, Inc. also issues news on cash dividend declarations for its common stock, noting that dividend decisions are made quarterly based on earnings, financial condition, capital requirements, and other factors. Additional announcements highlight corporate governance developments, such as appointments to the boards of JD Bancshares, Inc. and JD Bank, and emphasize the company’s focus on its communities in south Louisiana.
Investors and observers following JDVB news can expect regular coverage of operating performance, balance sheet changes, loan and deposit trends, mortgage loan sale activity, trust and brokerage revenues, and expense categories such as salaries and benefits, occupancy, data processing, and other non-interest expense. This news stream offers insight into how JD Bancshares, Inc. manages its community banking franchise and its stock listed on the OTCQX Best Market.
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.
JD Bancshares, Inc. (OTCQX:JDVB) announced its Q1 2022 financial results, reporting net income of $2,108,163, or $0.62 per share, a decrease of 29.2% from the previous quarter but a 9.8% increase year-over-year. Pre-tax, pre-provision operating income fell to $2,291,078, impacted by lower non-interest income and higher expenses. The bank saw a $19.8 million net increase in loans and a $30.7 million rise in investments. Total assets dropped 3.5% to $1.31 billion, while stockholders' equity decreased by $22.2 million to $79 million, reflecting rising interest rates' impact on investments.
JD Bancshares, Inc. (OTCQX:JDVB) declared a cash dividend of $0.25 per share, set to be paid on May 6, 2022, to shareholders of record on April 29, 2022. The Board of Directors made this decision during their meeting on April 19, 2022. Future dividends will be evaluated quarterly based on various factors including earnings and financial condition. JD Bancshares operates JD Bank, serving southwest Louisiana since 1947 with a range of banking and investment services through its 23 branches.
JD Bancshares (OTCQX:JDVB) announced a $2.5 million share repurchase plan effective until December 31, 2022. This initiative, according to President and CEO Bruce W. Elder, reflects the company's confidence in its continued performance and aims to enhance long-term shareholder value. The repurchase strategy will utilize various methods compliant with SEC regulations and will be influenced by the company's financial position, market conditions, and other strategic factors. The plan can be suspended or stopped at management's discretion.
JD Bancshares, Inc. (OTCQX: JDVB) reported its financial results for Q4 and the full year of 2021. For Q4 2021, net income was $2.98 million ($0.87 per share), down from $3.54 million ($1.03 per share) in Q3 2021 but up from $2.30 million ($0.67 per share) in Q4 2020. Total net income for 2021 was $11.02 million, marking a 52.9% increase year-over-year. Key highlights include a 5.8% year-over-year growth in non-PPP loans, net interest income of $35.7 million, and a robust liquidity position following the issuance of $30 million in new subordinated debt.
JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.25 per share, scheduled for payment on February 4, 2022. Shareholders of record as of January 29, 2022 will receive this dividend. Future dividends will be assessed quarterly based on factors including earnings and financial condition. JD Bancshares is the holding company for JD Bank, serving southwest Louisiana since 1947 with a range of banking services. The company is listed on the OTCQX Best Market, adhering to high financial and governance standards.