Katahdin Bankshares Corp. Reports First Quarter 2025 Results
Katahdin Bankshares reported strong first-quarter 2025 financial results, with earnings reaching $2.38 million, or $0.75 per common share. The company demonstrated significant growth with a 35.6% increase from the previous quarter and a 16.5% rise compared to Q1 2024.
The Maine-based community bank's total assets grew to $1.08 billion, marking a $54.5 million increase from the same period in 2024. CEO Jon J. Prescott attributed this success to the team's strategic efforts and hard work.
Founded in 1918, Katahdin Trust Company, trading under KTHN on OTCQX, continues to serve as a full-service community bank in Maine, showing robust financial health and consistent growth in early 2025.
Katahdin Bankshares ha riportato solidi risultati finanziari nel primo trimestre del 2025, con utili pari a 2,38 milioni di dollari, ovvero 0,75 dollari per azione ordinaria. L'azienda ha mostrato una crescita significativa, con un aumento del 35,6% rispetto al trimestre precedente e del 16,5% rispetto al primo trimestre del 2024.
Le attività totali della banca comunitaria del Maine sono aumentate a 1,08 miliardi di dollari, segnando un incremento di 54,5 milioni di dollari rispetto allo stesso periodo del 2024. Il CEO Jon J. Prescott ha attribuito questo successo agli sforzi strategici e al duro lavoro del team.
Fondata nel 1918, la Katahdin Trust Company, quotata con il simbolo KTHN su OTCQX, continua a operare come banca comunitaria a servizio completo nel Maine, mostrando una solida salute finanziaria e una crescita costante all'inizio del 2025.
Katahdin Bankshares reportó sólidos resultados financieros en el primer trimestre de 2025, con ganancias que alcanzaron los 2,38 millones de dólares, o 0,75 dólares por acción común. La compañía mostró un crecimiento significativo con un aumento del 35,6 % respecto al trimestre anterior y un incremento del 16,5 % en comparación con el primer trimestre de 2024.
Los activos totales del banco comunitario con sede en Maine crecieron hasta 1,08 mil millones de dólares, marcando un aumento de 54,5 millones de dólares respecto al mismo período de 2024. El CEO Jon J. Prescott atribuyó este éxito a los esfuerzos estratégicos y al arduo trabajo del equipo.
Fundada en 1918, Katahdin Trust Company, que cotiza bajo el símbolo KTHN en OTCQX, continúa sirviendo como un banco comunitario de servicio completo en Maine, mostrando una sólida salud financiera y un crecimiento constante a principios de 2025.
Katahdin Bankshares는 2025년 1분기에 강력한 재무 실적을 보고했으며, 순이익은 238만 달러, 보통주당 0.75달러에 달했습니다. 회사는 전 분기 대비 35.6%, 2024년 1분기 대비 16.5%의 눈에 띄는 성장을 보였습니다.
메인주에 본사를 둔 지역 은행의 총 자산은 10억 8천만 달러로 증가했으며, 이는 2024년 동기 대비 5,450만 달러 증가한 수치입니다. CEO Jon J. Prescott는 이 성공을 팀의 전략적 노력과 헌신 덕분으로 돌렸습니다.
1918년에 설립된 Katahdin Trust Company는 OTCQX에서 KTHN으로 거래되며, 메인주에서 풀서비스 지역 은행으로서 2025년 초에도 견고한 재무 건전성과 꾸준한 성장을 이어가고 있습니다.
Katahdin Bankshares a annoncé de solides résultats financiers pour le premier trimestre 2025, avec un bénéfice atteignant 2,38 millions de dollars, soit 0,75 dollar par action ordinaire. La société a démontré une croissance significative, avec une hausse de 35,6 % par rapport au trimestre précédent et une augmentation de 16,5 % par rapport au premier trimestre 2024.
Les actifs totaux de cette banque communautaire basée dans le Maine ont atteint 1,08 milliard de dollars, soit une augmentation de 54,5 millions de dollars par rapport à la même période en 2024. Le PDG Jon J. Prescott a attribué ce succès aux efforts stratégiques et au travail acharné de l'équipe.
Fondée en 1918, Katahdin Trust Company, cotée sous le symbole KTHN sur OTCQX, continue de servir en tant que banque communautaire à service complet dans le Maine, affichant une santé financière robuste et une croissance constante au début de 2025.
Katahdin Bankshares meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Gewinn von 2,38 Millionen US-Dollar bzw. 0,75 US-Dollar je Stammaktie. Das Unternehmen verzeichnete ein erhebliches Wachstum von 35,6 % gegenüber dem Vorquartal und einen Anstieg von 16,5 % im Vergleich zum ersten Quartal 2024.
Die Gesamtvermögenswerte der in Maine ansässigen Gemeinschaftsbank stiegen auf 1,08 Milliarden US-Dollar, was einem Zuwachs von 54,5 Millionen US-Dollar gegenüber dem gleichen Zeitraum 2024 entspricht. CEO Jon J. Prescott führte diesen Erfolg auf die strategischen Bemühungen und die harte Arbeit des Teams zurück.
Die 1918 gegründete Katahdin Trust Company, die unter dem Kürzel KTHN an der OTCQX gehandelt wird, dient weiterhin als vollwertige Gemeinschaftsbank in Maine und zeigt Anfang 2025 eine robuste finanzielle Gesundheit und stetiges Wachstum.
- Q1 2025 earnings increased 35.6% quarter-over-quarter to $2.38M
- Earnings per share reached $0.75
- 16.5% earnings growth year-over-year
- Total assets grew by $54.5M compared to Q1 2024
- None.
Total assets reached
"We had a strong financial start to the year," stated Jon J. Prescott, Katahdin Trust President and Chief Executive Officer. "A reflection of the hard work and strategic efforts of our entire team."
For more information and to view a copy of the Bank's most recent quarterly financial report, visit KatahdinTrust.com/Shareholder-Relations/#Financial-Reports.
About Katahdin Bankshares Corp.
Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in
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SOURCE Katahdin Trust Company
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