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JEFFERSONVILLE BANCORP - $JFBC STOCK NEWS

Welcome to our dedicated page for JEFFERSONVILLE BANCORP news (Ticker: $JFBC), a resource for investors and traders seeking the latest updates and insights on JEFFERSONVILLE BANCORP stock.

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Rhea-AI Summary
Jeffersonville Bancorp, Inc. (JFBC) reported a record net income of $11,175,000 for the year ended December 31, 2023, showing a 20% increase from 2022. The company attributed this growth to rises in various revenue streams, including securities, interest, and dividends. Quarterly net income decreased to $2,347,000 compared to 2022 due to higher interest expenses, offset by increased income and reduced expenses. A cash dividend of $0.15 per share was declared for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
dividends earnings
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Rhea-AI Summary
Jeffersonville Bancorp, Inc. (JFBC) declared a special cash dividend of $0.15 per share on the common stock, payable on February 5, 2024, to stockholders of record as of January 29, 2024. The company had a successful 2023 with steady loan growth, improved credit quality, and low core funding costs. The higher rate environment contributed to interest on loans and balances at the Federal Reserve. George W. Kinne, Jr., President and CEO, expressed satisfaction with the positive results and strong capital position, leading to the reward for loyal shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
Tags
dividends
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Rhea-AI Summary
Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced a third-quarter net income of $2,972,000, a $292,000 increase from the same quarter in 2022. Year-to-date net income as of September 30, 2023, was $8,828,000, a $2,327,000 increase from the same period in 2022. The company declared a cash dividend of $0.15 per share on the common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.31%
Tags
dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.04%
Tags
dividends earnings
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
dividends
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.15%
Tags
dividends earnings
JEFFERSONVILLE BANCORP

OTC:JFBC

JFBC Rankings

JFBC Stock Data

76.22M
0.02%
0.04%
Commercial Banking
Finance and Insurance
Link
United States of America
Jeffersonville

About JFBC

jeffersonville bancorp operates as the bank holding company for jeff bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in sullivan county, new york. the company offers various deposit products, such as checking accounts, demand deposit accounts, interest-bearing transaction accounts, savings accounts, money market accounts, time deposits in the form of certificates of deposit, and individual retirement accounts. it also provides personal loan products, such as auto/rv/motorcycle/boat, home improvement, debt consolidation, check, and other financing; and business loans, including commercial real estate, commercial lines of credit, short-term notes, installment, and commercial vehicle/equipment loans, as well as agricultural and construction loans. in addition, the company offers an array of mortgage products, including residential, home equity lines of credit, construction, vacant land, manufactured homes, mobile ho