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Security Federal Corp - SFDL STOCK NEWS

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

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 Security Federal'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 Security Federal's position in the market.

Rhea-AI Summary
Security Federal Corporation declares a quarterly dividend of $0.14 per share, reflecting the company's commitment to rewarding shareholders and financial stability.
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Security Federal Corporation (SFDL) reported net income of $3.6 million for Q4 2023, an increase from $3.3 million in Q4 2022. Full-year net income remained at $10.2 million for both 2023 and 2022. Net interest income decreased by 4.8% in Q4 2023, while non-interest income increased by 28.9%. The company recognized a $395,600 reduction in income tax expense due to tax credits associated with the Bank’s newest branch in Augusta, Georgia. Total assets increased by 12.2% to $1.5 billion at the end of 2023.
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Security Federal Corporation (OTCBB: SFDL) reported net income of $2.1 million, or $0.65 per share, for Q3 2023 compared to $3.2 million, or $0.99 per share, for Q3 2022. Year to date net income was $6.6 million, or $2.02 per share, for the nine months ended September 30, 2023 compared to $6.9 million, or $2.13 per share, during the same period in 2022. Net interest income decreased by 6.8% to $9.4 million due to an increase in interest expense. Non-interest income decreased by 2.5% to $2.2 million. Non-interest expense increased by 7.8% to $8.9 million.
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Security Federal Corporation announces quarterly dividend of $0.13 per share, continuing profitability.
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Security Federal Corp

OTC:SFDL

SFDL Rankings

SFDL Stock Data

76.99M
1.77M
45.14%
Commercial Banking
Finance and Insurance
Link
United States
Aiken

About SFDL

security federal bank offers a full line of services including online banking, checking, savings, mortgage lending, financial planning and insurance.