Safe Harbor Financial Reports Financial Results for Third Quarter and Nine Months Ended September 30, 2024
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Safe Harbor Financial (NASDAQ: SHFS) reported a net income increase to $0.4 million in Q3 2024, with significant growth in loan interest income and a reduction in operating expenses.
November 12, 2024 | 9:30 pm
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Safe Harbor Financial reported a net income increase to $0.4 million in Q3 2024, with loan interest income rising significantly and operating expenses decreasing.
The increase in net income and loan interest income, along with a decrease in operating expenses, indicates improved financial performance, likely leading to a positive short-term impact on SHFS stock price.
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