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SVB&T Corp - SVBT STOCK NEWS

Welcome to our dedicated news page for SVB&T (Ticker: SVBT), a resource for investors and traders seeking the latest updates and insights on SVB&T.

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 SVB&T'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 SVB&T's position in the market.

Rhea-AI Summary
SVB&T Corporation (SVBT) reports a 23.85% decrease in EPS for Q4 2023, with unaudited earnings of $1.09 million. The return on average assets (ROAA) dropped to 0.73% from 1.06% in the same period last year. The Board of Directors declared a quarterly dividend of $0.20 per share.
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SVB&T Corporation (SVBT) Reports 2023 Third Quarter Earnings: SVB&T Corporation, parent company of Springs Valley Bank & Trust Company, announced unaudited earnings of $1.62 million or $1.47 earnings per share (EPS) in the third quarter of 2023, which is the same as the prior year period. The return on average assets (ROAA) was 1.11%, compared to 1.23% in the same prior year period. Net interest income before provision expense was $4.39 million, down from $4.87 million in 2022. Noninterest income increased to $2.38 million, and noninterest expense decreased to $4.71 million. Total assets increased to $583.38 million, and total loans before allowance increased to $474.29 million. Year-to-date earnings were $4.56 million or $4.15 EPS, reflecting a 7.16% decrease compared to the same prior year period.
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SVB&T Corporation declares quarterly dividend of $0.18 per share, representing a 12.50% annualized increase over the previous year.
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SVB&T Corporation announces unaudited earnings of $1.48 million for Q2 2023, a 2.17% decrease from the prior year. Earnings per share (EPS) were $1.35. Return on average assets (ROAA) for the quarter was 1.01%, compared to 1.16% in the same period last year. The company declared a quarterly dividend of $0.18 per share.
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SVB&T Corporation announces share repurchase plan
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SVB&T Corp

OTC:SVBT

SVBT Rankings

SVBT Stock Data

44.94M
794.68k
Commercial Banking
Finance and Insurance
Link
United States
French Lick