Welcome to our dedicated page for JSB Financial news (Ticker: JFWV), a resource for investors and traders seeking the latest updates and insights on JSB Financial stock.
JSB Financial Inc. (JFWV) delivers integrated financial solutions through banking, investment management, and capital market services. This news hub provides stakeholders with verified updates directly from corporate sources, ensuring access to accurate information for informed analysis.
Discover official announcements spanning earnings disclosures, strategic partnerships, leadership changes, and regulatory developments. Our curated collection enables efficient tracking of JFWV's operational milestones and market positioning within the financial services sector.
Key updates include quarterly performance reports, merger/acquisition activity, product launches, and compliance-related communications. All content maintains strict adherence to factual reporting standards without editorial commentary or forward-looking projections.
Bookmark this page for streamlined access to JFWV's evolving corporate narrative. Combine these primary sources with broader market analysis to develop comprehensive investment perspectives.
JSB Financial (OTCPK: JFWV) reported a net income of $671 thousand for Q1 2024, a decrease of 24.2% from $885 thousand in Q1 2023. Earnings per share dropped to $2.61 from $3.21. The annualized return on assets and equity also declined to 0.53% and 10.75%, respectively. However, the company saw improvements in net interest income, which increased by 1.3% to $3.2 million, and book value per share, which rose to $97.40. Total assets grew by 6.1% to $531.2 million. Deposits and loans surged by $32.0 million and $18.3 million, respectively. Non-performing loans remained minimal, though past due loans increased. Regulatory capital ratios declined slightly due to organic loan growth and increased assets.
Jefferson Security Bank (OTCPK: JFWV) announced a semi-annual dividend of $1.15 per share, payable on March 10, 2023, to shareholders of record on February 28, 2023. This marks an increase of $0.05 from the previous dividend of $1.10 per share paid in September 2022. President and CEO Cindy Kitner highlighted the bank's achievement of a fifth consecutive year of record earnings despite economic challenges. The focus remains on strong capital management and providing value to shareholders.
Jefferson Security Bank (OTCPK: JFWV) announced its 2022 financial results, achieving record earnings for the fifth consecutive year. Q4 net income rose to $1.3 million, a 44.82% increase from Q4 2021, while annual net income grew to $3.9 million, up 8.01%. Basic earnings per share increased from $3.36 in Q4 2021 to $4.86 in Q4 2022, reaching $14.01 for the year. Net interest income for 2022 totaled $13.0 million, a 14.91% increase. Total assets rose by 8.07% to $461.2 million, driven by a 24.28% rise in loans. However, book value per share declined from $119.52 to $81.64 due to unrealized losses in the investment portfolio.
Jefferson Security Bank (OTCPK: JFWV) reported net income of
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