Logansport Financial Q2 profit rises on stronger net interest income
Logansport Financial Q2 profit rises on stronger net interest income
Overview
US community bank's Q2 net earnings and EPS rose yr/yr
Total assets and deposits increased from a year earlier
Company maintained dividend at $0.90 per share for first half
Outlook
Company did not provide specific guidance or outlook for future quarters or the full year
Result Drivers
NET INTEREST INCOME - Higher net interest income contributed to increased net earnings
INTEREST EXPENSE - Lower interest expense supported improved net interest income
OPERATING EXPENSES - Higher general, administrative and other expenses partly offset gains
Company press release: ID:nGNXDnjy0
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 EPS |
| $0.82 |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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