Jeffersonville Bancorp Announces Third Quarter Earnings of $3,092,000 or $0.73 per share and Year to Date Earnings of $8,676,000 or $2.05 per share; Declares Dividend of $0.15
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Jeffersonville Bancorp reported a third-quarter net income of $3,092,000 or $0.73 per share, up from $2,972,000 or $0.70 per share in the same quarter last year. The increase was driven by higher loan interest and fees, despite higher expenses. The company also declared a dividend of $0.15 per share.
November 12, 2024 | 5:00 pm
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Jeffersonville Bancorp's Q3 earnings increased to $3,092,000, driven by higher loan interest and fees. The company declared a $0.15 dividend.
The increase in earnings and the declaration of a dividend are positive indicators for investors, suggesting financial stability and potential for future growth. The rise in loan interest and fees indicates strong operational performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100