Welcome to our dedicated page for Logansport Finl news (Ticker: LOGN), a resource for investors and traders seeking the latest updates and insights on Logansport Finl stock.
Logansport Financial Corp. (LOGN) is an Indiana-based savings institution holding company and the parent of Logansport Savings Bank, a state commercial bank located in Logansport, Indiana. The LOGN news page on Stock Titan aggregates company-issued announcements so investors can follow how management communicates financial performance and shareholder actions over time.
Recent news releases focus on two main themes: quarterly earnings reports and regular cash dividend declarations. Earnings announcements detail net earnings for each quarter and year-to-date period, along with diluted earnings per share, total assets and total deposits at period end. These updates help readers track trends in profitability, balance sheet growth and funding for this savings institution.
Dividend press releases describe the cash dividend per share for each quarter, the record date for shareholders and the payment date. Together, these notices outline the company’s pattern of returning cash to shareholders through recurring quarterly dividends.
Many releases also include forward-looking statement disclaimers that discuss factors which may affect future results, such as economic conditions in the company’s market area, regulatory policies, interest rate movements, loan demand, credit quality and competition. By reviewing this news flow in one place, investors can see how these risks and operating conditions are described over multiple reporting periods.
Use this LOGN news feed to review historical earnings announcements, dividend declarations and management’s commentary on the operating environment for Logansport Financial Corp. and its banking subsidiary. Regularly checking this page provides a concise view of the company’s public communications and financial updates.
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Logansport Financial Corp. (LOGN) reported net earnings of $596,000 or $0.98 per diluted share for Q1 2023, a decline from $783,000 or $1.28 per diluted share in Q1 2022. The company paid dividends of $0.45 per share during the quarter. As of March 31, 2023, total loans increased to $160.6 million, while deposits decreased to $209.3 million. Total assets were reported at $253.8 million, down from $255.0 million at year-end 2022. The allowance for loan losses rose to $2.9 million, while cash and cash equivalents dropped to $3.5 million. The financial results reflect ongoing economic challenges and pressures on the banking sector, with interest expenses significantly increasing to $844,000 from $116,000 in the prior year.
Logansport Financial Corp. (LOGN) has announced a Special Dividend of $2.50 per share for shareholders of record as of April 3, 2023. This dividend will be disbursed on May 3, 2023. According to President Chad Higgins, the board is pleased to reward loyal shareholders, attributing the dividend to the dedication of employees at Logansport Savings Bank amidst recent challenges. This decision reflects the corporation's commitment to shareholder value and financial health.
Logansport Financial Corp. (LOGN) has announced a quarterly cash dividend of $0.45 per share for Q1 2023. This dividend will be payable on April 24, 2023 to stockholders of record as of March 22, 2023. As a holding company for Logansport Savings Bank, this declaration reflects the company's ongoing commitment to returning value to its shareholders. This dividend amount is significant, as it indicates financial stability and shareholder confidence.
Logansport Financial Corp. (LOGN) reported its earnings for the fiscal year ending December 31, 2022, showing a net income of $3,163,000, a decline from $3,207,000 in 2021. For Q4 2022, net earnings were $735,000, down from $843,000 year-over-year. Earnings per share (EPS) slightly decreased to $5.19 from $5.26. Return on Assets declined from 1.30% to 1.24%, while Return on Equity improved to 15.47% from 11.27%. The total assets increased to $255,048,000 compared to $247,706,000 in 2021. The company noted potential risks, including economic changes and regulatory factors, which could affect future performance.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.45 per share for Q4 2022, marking a 12.5% increase from the previous quarter. This dividend is scheduled to be paid on January 16, 2023, to shareholders on record by December 15, 2022. This increase reflects the company's ongoing commitment to returning value to its shareholders.
Logansport Financial Corp. (OTCQB, LOGN) reported net earnings of $820,000 or $1.34 per diluted share for the quarter ended September 30, 2022, an increase from $766,000 or $1.26 per diluted share in 2021. Year-to-date earnings rose to $2,428,000 compared to $2,364,000 in 2021, with diluted earnings per share increasing from $3.89 to $3.98. Total assets decreased to $241 million from $250.1 million, while total deposits rose slightly to $220.3 million. The company declared dividends of $1.20 per share in the first half of 2022, down from $3.20 in 2021.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.40 per share for Q3 2022. This dividend is scheduled for payment on October 17, 2022, to shareholders on record as of September 16, 2022. The announcement reflects the company’s ongoing commitment to returning value to its shareholders while maintaining its operations through its subsidiary, Logansport Savings Bank, in Logansport, Indiana.
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