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OXFORD BANK CORP - OXBC STOCK NEWS

Welcome to our dedicated news page for OXFORD BANK (Ticker: OXBC), a resource for investors and traders seeking the latest updates and insights on OXFORD BANK.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect OXFORD BANK's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of OXFORD BANK's position in the market.

Rhea-AI Summary
Oxford Bank Corporation (OXBC) announced its operating results for the fourth quarter of 2023, reporting a consolidated earnings decrease of $2.36 million compared to the same period in 2022. The total assets increased to $816.67 million, and net loans grew by 21%. The company's total deposits slightly increased to $705.93 million, resulting in a Net Interest Margin of 4.92% for 2023. The Bank also saw a reduction in non-performing assets (NPAs) year-over-year, and its total shareholders' equity was $84.59 million, representing a book value per share of $34.45.
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Rhea-AI Summary
Oxford Bank Corporation reported consolidated earnings of $3.15 million for Q3 2023, compared to $2.60 million in Q3 2022. Year-to-date earnings for 2023 were $9.70 million, an increase from $5.44 million in 2022. Total assets as of September 30, 2023, were $794.34 million, compared to $782.87 million in 2022. Net loans increased by 29% to $521.67 million. Total deposits were $692.12 million. The Net Interest Margin for the first nine months of 2023 was 4.85%, compared to 3.66% in 2022. The Company's total shareholders' equity was $79.43 million, representing book value per share of $32.35.
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OXFORD BANK CORP

OTC:OXBC

OXBC Rankings

OXBC Stock Data

75.14M
1.63M
4.59%
Commercial Banking
Finance and Insurance
Link
United States of America
Oxford