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JBTC Announces 1st Quarter 2024 Earnings

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JBT Bancorp, Inc. (JBTC) reported quarterly earnings of $1,307,000 or $0.54 per share for the first quarter of 2024, compared to $1,525,000 or $0.63 per share in the prior year. President Troy A. Peters highlighted improved liquidity and margin management despite a challenging operating environment. JBT is well-positioned to navigate challenges and prepare for future growth cycles.
JBT Bancorp, Inc. (JBTC) ha riportato utili trimestrali di 1.307.000 dollari, o 0,54 dollari per azione, per il primo trimestre del 2024, in confronto ai 1.525.000 dollari, o 0,63 dollari per azione, dell'anno precedente. Il presidente Troy A. Peters ha evidenziato un miglioramento della liquidità e della gestione dei margini nonostante un ambiente operativo difficile. JBT è ben posizionata per affrontare le sfide e prepararsi per i futuri cicli di crescita.
JBT Bancorp, Inc. (JBTC) informó ganancias trimestrales de $1,307,000 o $0.54 por acción para el primer trimestre de 2024, comparado con $1,525,000 o $0.63 por acción el año anterior. El presidente Troy A. Peters destacó la mejora en la liquidez y la gestión de márgenes a pesar de un entorno operativo desafiante. JBT está bien posicionada para navegar los desafíos y prepararse para futuros ciclos de crecimiento.
JBT Bancorp, Inc. (JBTC)는 2024년 첫 분기에 주당 0.54달러, 총 130만 7천 달러의 분기 순이익을 보고했습니다. 이는 전년 동기 152만 5천 달러, 주당 0.63달러에 비해 다소 감소한 수치입니다. 대통령 Troy A. Peters는 도전적인 운영 환경에도 불구하고 유동성과 마진 관리가 개선되었다고 강조했습니다. JBT는 앞으로의 도전을 헤쳐 나가고 미래 성장주기를 준비하기 위해 잘 위치하고 있습니다.
JBT Bancorp, Inc. (JBTC) a rapporté des bénéfices trimestriels de 1 307 000 dollars ou 0,54 dollar par action pour le premier trimestre de 2024, comparé à 1 525 000 dollars ou 0,63 dollar par action l'année précédente. Le président Troy A. Peters a souligné une amélioration de la liquidité et de la gestion des marges malgré un environnement opérationnel difficile. JBT est bien positionnée pour naviguer à travers les défis et se préparer pour les futurs cycles de croissance.
JBT Bancorp, Inc. (JBTC) berichtete über Quartalsgewinne von 1.307.000 Dollar oder 0,54 Dollar pro Aktie für das erste Quartal 2024, verglichen mit 1.525.000 Dollar oder 0,63 Dollar pro Aktie im Vorjahr. Präsident Troy A. Peters hob die verbesserte Liquidität und Margenmanagement trotz einer herausfordernden Betriebsumgebung hervor. JBT ist gut positioniert, um Herausforderungen zu meistern und sich auf zukünftige Wachstumszyklen vorzubereiten.
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JONESTOWN, Pa., April 26, 2024 (GLOBE NEWSWIRE) -- JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $1,307,000 or $0.54 per share for the first quarter of 2024 versus $1,525,000 or $0.63 per share in the prior year. President Troy A. Peters stated: “This year strongly resembles the latter half of the last one. We have improved our liquidity position and have been able to manage our margin well. Although, I would label the operating environment as a challenging one for the industry, JBT is fortunate to have the business model, experience, and dedicate talent to navigate it and prepare for the next growth cycle.”

More information can be found at OTC Markets at www.otcmarkets.com/stock/JBTC/overview.

Contact: Andrea Shetterly, EAA
ashetterly@jbt.bank
Jonestown Bank & Trust Co.
2 West Market Street
Jonestown, PA 17038-0717
Phone: 717-865-4246  


FAQ

What were JBTC's earnings for the first quarter of 2024?

JBTC reported earnings of $1,307,000 for the first quarter of 2024.

What was JBTC's earnings per share for the first quarter of 2024?

JBTC's earnings per share for the first quarter of 2024 were $0.54.

How do JBTC's first quarter 2024 earnings compare to the prior year?

JBTC's earnings for the first quarter of 2024 were lower compared to the prior year.

What did President Troy A. Peters mention about JBT's performance?

President Troy A. Peters mentioned improved liquidity and margin management despite a challenging operating environment.

How is JBT Bancorp, Inc. preparing for future growth cycles?

JBT Bancorp, Inc. is leveraging its business model, experience, and talent to navigate challenges and prepare for future growth cycles.

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