Juniata Valley Financial Corp. Announces Results for the Quarter Ended June 30, 2025
Juniata Valley Financial Corp. (OTCQX:JUVF) reported strong financial results for Q2 2025, with net income reaching $1.9 million, a 9.5% increase from Q2 2024. Earnings per share grew to $0.38, up 8.6% year-over-year.
For the first half of 2025, the company achieved $3.9 million in net income, representing a substantial 26.4% increase compared to the same period in 2024. Key performance metrics showed improvement, with annualized return on average assets rising to 0.92% and net interest margin expanding to 2.89%.
The bank maintained strong credit quality with nonperforming loans at just 0.1% of the total portfolio. Total assets grew to $866.4 million, up 2.1% from December 2024, driven by a 4.2% increase in total loans. The Board declared a cash dividend of $0.22 per share, payable on September 1, 2025.
Juniata Valley Financial Corp. (OTCQX:JUVF) ha riportato risultati finanziari solidi per il secondo trimestre del 2025, con un utile netto di 1,9 milioni di dollari, in aumento del 9,5% rispetto al secondo trimestre del 2024. L’utile per azione è salito a 0,38 dollari, con una crescita dell’8,6% su base annua.
Nel primo semestre del 2025, la società ha registrato un utile netto di 3,9 milioni di dollari, segnando un incremento significativo del 26,4% rispetto allo stesso periodo del 2024. I principali indicatori di performance sono migliorati, con un rendimento annualizzato sugli attivi medi che è salito allo 0,92% e un margine di interesse netto che si è ampliato al 2,89%.
La banca ha mantenuto una solida qualità del credito, con prestiti in sofferenza pari solo allo 0,1% del portafoglio totale. Gli attivi totali sono cresciuti a 866,4 milioni di dollari, in aumento del 2,1% rispetto a dicembre 2024, trainati da una crescita del 4,2% dei prestiti totali. Il Consiglio di Amministrazione ha dichiarato un dividendo in contanti di 0,22 dollari per azione, pagabile il 1° settembre 2025.
Juniata Valley Financial Corp. (OTCQX:JUVF) reportó sólidos resultados financieros para el segundo trimestre de 2025, con un ingreso neto de 1,9 millones de dólares, un aumento del 9,5% respecto al segundo trimestre de 2024. Las ganancias por acción crecieron a 0,38 dólares, un incremento del 8,6% interanual.
En la primera mitad de 2025, la compañía logró un ingreso neto de 3,9 millones de dólares, representando un aumento sustancial del 26,4% en comparación con el mismo período de 2024. Los indicadores clave mostraron mejoras, con un rendimiento anualizado sobre activos promedio que subió a 0,92% y un margen de interés neto que se expandió a 2,89%.
El banco mantuvo una alta calidad crediticia con préstamos morosos de solo el 0,1% del total de la cartera. Los activos totales crecieron a 866,4 millones de dólares, un aumento del 2,1% respecto a diciembre de 2024, impulsado por un incremento del 4,2% en los préstamos totales. La Junta declaró un dividendo en efectivo de 0,22 dólares por acción, pagadero el 1 de septiembre de 2025.
Juniata Valley Financial Corp. (OTCQX:JUVF)는 2025년 2분기에 강력한 재무 실적을 보고했으며, 순이익은 190만 달러로 2024년 2분기 대비 9.5% 증가했습니다. 주당순이익은 0.38달러로 전년 동기 대비 8.6% 상승했습니다.
2025년 상반기 동안 회사는 순이익 390만 달러를 달성했으며, 이는 2024년 동기 대비 26.4%의 큰 증가를 나타냅니다. 주요 성과 지표도 개선되어 연평균 자산수익률이 0.92%로 상승하고 순이자마진은 2.89%로 확대되었습니다.
은행은 전체 포트폴리오의 부실 대출 비율이 단 0.1%로 높은 신용 품질을 유지했습니다. 총 자산은 8억 6,640만 달러로 2024년 12월 대비 2.1% 증가했으며, 총 대출금은 4.2% 증가했습니다. 이사회는 2025년 9월 1일 지급 예정인 주당 0.22달러 현금 배당을 선언했습니다.
Juniata Valley Financial Corp. (OTCQX:JUVF) a annoncé de solides résultats financiers pour le deuxième trimestre 2025, avec un bénéfice net atteignant 1,9 million de dollars, soit une augmentation de 9,5 % par rapport au deuxième trimestre 2024. Le bénéfice par action a progressé à 0,38 dollar, en hausse de 8,6 % sur un an.
Pour le premier semestre 2025, la société a réalisé un bénéfice net de 3,9 millions de dollars, ce qui représente une hausse substantielle de 26,4 % par rapport à la même période en 2024. Les indicateurs clés de performance se sont améliorés, avec un rendement annualisé sur l’actif moyen passant à 0,92 % et une marge nette d’intérêt en hausse à 2,89 %.
La banque a maintenu une bonne qualité de crédit avec des prêts non performants représentant seulement 0,1 % du portefeuille total. Le total des actifs a augmenté à 866,4 millions de dollars, en hausse de 2,1 % par rapport à décembre 2024, porté par une augmentation de 4,2 % des prêts totaux. Le conseil d’administration a déclaré un dividende en espèces de 0,22 dollar par action, payable le 1er septembre 2025.
Juniata Valley Financial Corp. (OTCQX:JUVF) meldete starke Finanzergebnisse für das zweite Quartal 2025, mit einem Nettogewinn von 1,9 Millionen US-Dollar, was einer Steigerung von 9,5 % gegenüber dem zweiten Quartal 2024 entspricht. Der Gewinn je Aktie stieg auf 0,38 US-Dollar, ein Anstieg von 8,6 % im Jahresvergleich.
Für das erste Halbjahr 2025 erzielte das Unternehmen einen Nettogewinn von 3,9 Millionen US-Dollar, was einem deutlichen Anstieg von 26,4 % gegenüber dem gleichen Zeitraum 2024 entspricht. Wichtige Leistungskennzahlen verbesserten sich, wobei die annualisierte Rendite auf das durchschnittliche Vermögen auf 0,92 % stieg und die Nettozinsmarge auf 2,89 % ausgeweitet wurde.
Die Bank hielt eine starke Kreditqualität mit notleidenden Krediten von nur 0,1 % des Gesamtportfolios aufrecht. Die Gesamtaktiva wuchsen auf 866,4 Millionen US-Dollar, ein Anstieg von 2,1 % gegenüber Dezember 2024, angetrieben durch eine Steigerung der Gesamtforderungen um 4,2 %. Der Vorstand erklärte eine Bardividende von 0,22 US-Dollar pro Aktie, zahlbar am 1. September 2025.
- Net income increased 9.5% to $1.9 million in Q2 2025
- Six-month net income grew 26.4% to $3.9 million
- Strong credit quality with only 0.1% nonperforming loans
- Net interest margin improved to 2.89% from 2.68%
- Total loans increased 4.2% to $556.3 million
- Strong liquidity position with $203.9 million additional FHLB borrowing capacity
- Average earning assets decreased 1.3% to $846.3 million
- Average investment securities declined 5.8%
- Return on average equity decreased to 15.01% from 16.38% in Q2
- Long-term debt was completely eliminated from $5.0 million
Mifflintown, PA, July 23, 2025 (GLOBE NEWSWIRE) -- Juniata Valley Financial Corp. (OTCQX:JUVF) (“Juniata”), announced net income for the three months ended June 30, 2025 of
President’s Message
President and Chief Executive Officer, Marcie A. Barber stated, “We are pleased to announce second quarter net income of
Financial Results Year-to-Date
Annualized return on average assets for the six months ended June 30, 2025 was
Net interest income was
The yield on earning assets increased 17 basis points, to
Juniata recorded a provision for credit losses of
Non-interest income was
Non-interest expense was
An income tax provision of
Financial Results for the Quarter
Annualized return on average assets for the three months ended June 30, 2025 was
Net interest income was
The yield on earning assets increased 14 basis points, to
Juniata recorded a provision for credit losses of
Non-interest income was
Non-interest expense was
An income tax provision of
Financial Condition
Total assets as of June 30, 2025 were
Juniata maintained a strong liquidity position as of June 30, 2025, with additional borrowing capacity with the Federal Home Loan Bank of Pittsburgh of
Subsequent Event
On July 15, 2025, the Board of Directors declared a cash dividend of
Management considers subsequent events occurring after the statement of condition date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company’s consolidated financial statements with the Securities and Exchange Commission. Accordingly, the financial information in this release is subject to change.
The Juniata Valley Bank, the principal subsidiary of Juniata Valley Financial Corp., is headquartered in Mifflintown, Pennsylvania, with fourteen community offices located in Juniata, Mifflin, Perry, Franklin, McKean and Potter Counties. More information regarding Juniata Valley Financial Corp. and The Juniata Valley Bank can be found online at www.JVBonline.com. Juniata Valley Financial Corp. trades through the OTCQX Best Market under the symbol JUVF.
Forward-Looking Information
*This press release may contain “forward looking” information as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements reflect the current views of Juniata’s management with respect to, among other things, future events and Juniata’s financial performance. When words such as “may,” “should,” “could,” “predict,” “potential,” “believe,” “will likely result,” “expect,” “continue,” “will,” “anticipate,” “seek,” “estimate,” “intend,” “plan,” “project,” “forecast,” “goal,” “target,” “would” and “outlook,” or the negative variations of those words or similar expressions are used in this release, Juniata is making forward-looking statements. Such information is based on Juniata’s current expectations, estimates and projections about future events and financial trends affecting the financial condition of its business, many of which, by their nature, are inherently uncertain and beyond the control of Juniata. These statements are not historical facts or guarantees of future performance, events or results and are subject to risks, assumptions and uncertainties that are difficult to predict. If one or more events related to these or other risks or uncertainties materializes, or if underlying assumptions prove to be incorrect, actual results may differ materially from this forward-looking information. Accordingly, you should not place undue reliance on any such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made, and many factors could affect future financial results. Juniata undertakes no obligation to publicly update or revise forward looking information, whether because of new or updated information, future events, or otherwise. For a more complete discussion of certain risks and uncertainties affecting Juniata, please see the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations – Forward-Looking Statements” set forth in the Juniata’s filings with the Securities and Exchange Commission.
Financial Statements
Juniata Valley Financial Corp. and Subsidiary
Consolidated Statements of Financial Condition
| (Dollars in thousands, except share data) | (Unaudited) | |||||||
| June 30, 2025 | December 31, 2024 | |||||||
| ASSETS | ||||||||
| Cash and due from banks | $ | 4,874 | $ | 5,064 | ||||
| Interest bearing deposits with banks | 7,237 | 5,934 | ||||||
| Cash and cash equivalents | 12,111 | 10,998 | ||||||
| Equity securities | 1,154 | 1,189 | ||||||
| Debt securities available for sale | 64,231 | 64,623 | ||||||
| Debt securities held to maturity (fair value | 187,174 | 191,627 | ||||||
| Restricted investment in bank stock | 2,283 | 2,530 | ||||||
| Total loans | 556,319 | 533,869 | ||||||
| Less: Allowance for credit losses | (6,622 | ) | (6,183 | ) | ||||
| Total loans, net of allowance for credit losses | 549,697 | 527,686 | ||||||
| Premises and equipment, net | 9,177 | 9,382 | ||||||
| Bank owned life insurance and annuities | 16,009 | 15,214 | ||||||
| Investment in low income housing partnerships | 671 | 832 | ||||||
| Core deposit and other intangible assets | 223 | 258 | ||||||
| Goodwill | 9,812 | 9,812 | ||||||
| Mortgage servicing rights | 65 | 69 | ||||||
| Deferred tax asset, net | 9,004 | 9,842 | ||||||
| Accrued interest receivable and other assets | 4,823 | 4,812 | ||||||
| Total assets | $ | 866,434 | $ | 848,874 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| Liabilities: | ||||||||
| Deposits: | ||||||||
| Non-interest bearing | $ | 192,629 | $ | 196,801 | ||||
| Interest bearing | 566,678 | 551,156 | ||||||
| Total deposits | 759,307 | 747,957 | ||||||
| Short-term borrowings and repurchase agreements | 49,720 | 42,242 | ||||||
| Long-term debt | — | 5,000 | ||||||
| Other interest bearing liabilities | 776 | 830 | ||||||
| Accrued interest payable and other liabilities | 4,250 | 5,388 | ||||||
| Total liabilities | 814,053 | 801,417 | ||||||
| Commitments and contingent liabilities | ||||||||
| Stockholders' Equity: | ||||||||
| Preferred stock, no par value: Authorized - 500,000 shares, none issued | — | — | ||||||
| Common stock, par value | 5,151 | 5,151 | ||||||
| Surplus | 24,741 | 24,896 | ||||||
| Retained earnings | 54,840 | 53,126 | ||||||
| Accumulated other comprehensive loss | (30,211 | ) | (33,320 | ) | ||||
| Cost of common stock in Treasury: 132,480 shares at June 30, 2025; 147,895 shares at December 31, 2024 | (2,140 | ) | (2,396 | ) | ||||
| Total stockholders' equity | 52,381 | 47,457 | ||||||
| Total liabilities and stockholders' equity | $ | 866,434 | $ | 848,874 | ||||
Juniata Valley Financial Corp. and Subsidiary
Consolidated Statements of Income (Unaudited)
| Three Months Ended | Six Months Ended | ||||||||||||
| (Dollars in thousands, except share and per share data) | June 30, | June 30, | |||||||||||
| 2025 | 2024 | 2025 | 2024 | ||||||||||
| Interest income: | |||||||||||||
| Loans, including fees | $ | 8,112 | $ | 7,778 | $ | 15,893 | $ | 15,245 | |||||
| Taxable securities | 1,372 | 1,455 | 2,737 | 2,920 | |||||||||
| Tax-exempt securities | 30 | 29 | 60 | 59 | |||||||||
| Other interest income | 20 | 49 | 37 | 92 | |||||||||
| Total interest income | 9,534 | 9,311 | 18,727 | 18,316 | |||||||||
| Interest expense: | |||||||||||||
| Deposits | 2,889 | 2,722 | 5,692 | 5,364 | |||||||||
| Short-term borrowings and repurchase agreements | 440 | 712 | 971 | 1,410 | |||||||||
| Long-term debt | 21 | 89 | 51 | 206 | |||||||||
| Other interest bearing liabilities | 7 | 8 | 14 | 17 | |||||||||
| Total interest expense | 3,357 | 3,531 | 6,728 | 6,997 | |||||||||
| Net interest income | 6,177 | 5,780 | 11,999 | 11,319 | |||||||||
| Provision for credit losses | 349 | 119 | 453 | 239 | |||||||||
| Net interest income after provision for credit losses | 5,828 | 5,661 | 11,546 | 11,080 | |||||||||
| Non-interest income: | |||||||||||||
| Customer service fees | 466 | 456 | 926 | 827 | |||||||||
| Debit card fee income | 450 | 470 | 872 | 874 | |||||||||
| Earnings on bank-owned life insurance and annuities | 62 | 58 | 119 | 114 | |||||||||
| Trust fees | 112 | 144 | 243 | 251 | |||||||||
| Commissions from sales of non-deposit products | 69 | 109 | 170 | 211 | |||||||||
| Fees derived from loan activity | 158 | 177 | 273 | 348 | |||||||||
| Change in value of equity securities | 40 | 9 | 12 | (4 | ) | ||||||||
| Gain from life insurance proceeds | 20 | — | 20 | — | |||||||||
| Other non-interest income | 100 | 56 | 188 | 154 | |||||||||
| Total non-interest income | 1,477 | 1,479 | 2,823 | 2,775 | |||||||||
| Non-interest expense: | |||||||||||||
| Employee compensation expense | 2,098 | 2,232 | 4,073 | 4,440 | |||||||||
| Employee benefits | 502 | 533 | 1,048 | 1,178 | |||||||||
| Occupancy | 301 | 327 | 667 | 659 | |||||||||
| Equipment | 243 | 226 | 460 | 369 | |||||||||
| Data processing expense | 778 | 815 | 1,407 | 1,478 | |||||||||
| Professional fees | 247 | 279 | 453 | 533 | |||||||||
| Taxes, other than income | 95 | 38 | 126 | 94 | |||||||||
| FDIC Insurance premiums | 119 | 139 | 254 | 294 | |||||||||
| Amortization of intangible assets | 17 | 20 | 35 | 42 | |||||||||
| Amortization of investment in low-income housing partnerships | 80 | 80 | 161 | 161 | |||||||||
| Other non-interest expense | 585 | 409 | 1,066 | 1,009 | |||||||||
| Total non-interest expense | 5,065 | 5,098 | 9,750 | 10,257 | |||||||||
| Income before income taxes | 2,240 | 2,042 | 4,619 | 3,598 | |||||||||
| Income tax provision | 329 | 296 | 700 | 497 | |||||||||
| Net income | $ | 1,911 | $ | 1,746 | $ | 3,919 | $ | 3,101 | |||||
| Earnings per share | |||||||||||||
| Basic | $ | 0.38 | $ | 0.35 | $ | 0.78 | $ | 0.62 | |||||
| Diluted | $ | 0.38 | $ | 0.35 | $ | 0.78 | $ | 0.62 | |||||
Michael Wolf Email: michael.wolf@jvbonline.com Phone: (717) 436-7203
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