Lender Security Federal's Q3 profit rises on higher interest income

Security Federal

29/10/2025 16:29

Oct 29 (Reuters) -
Overview

Security Federal Q3 net income available to common shareholders rises to $3.2 mln, driven by higher net interest income

Net interest income increased 16% to $12.1 mln in Q3 2025

Company reduced interest expenses by repaying Federal Reserve borrowings

Outlook

Company did not provide specific guidance for future quarters or full year

Result Drivers

NET INTEREST INCOME - Increased by 16% to $12.1 mln, driven by higher income from loans and investments

INTEREST EXPENSE REDUCTION - Decreased by 11.7% due to repayment of Federal Reserve borrowings

NON-INTEREST EXPENSES - Increased by 11.2% due to higher salaries, benefits, and occupancy costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income available to common shareholders
$3.2 mln
Q3 Net Interest Income
$12.07 mln
Q3 Basic EPS
$1.01
Q3 Pretax Profit
$4.56 mln


Press Release: ID:nGNX97qkmF

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

Press Release ID:nGNX97qkmF

 (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.)