JBTC Announces 2nd Quarter 2024 Earnings
JBT Bancorp, Inc. (OTCQX: JBTC) has reported its second quarter 2024 earnings, with quarterly earnings of $2,167,000 or $0.89 per share. The company's six-month earnings reached $3,474,000 or $1.43 per share, marking a 2.36% increase from the previous year's $3,394,000 or $1.39 per share. President & CEO Troy A. Peters attributed the earnings growth to effective management of net interest income amid rising funding costs. This performance demonstrates JBTC's ability to navigate challenging financial environments and maintain positive earnings momentum.
JBT Bancorp, Inc. (OTCQX: JBTC) ha riportato i suoi risultati del secondo trimestre 2024, con guadagni trimestrali di $2,167,000 o $0.89 per azione. I guadagni dell'azienda per sei mesi hanno raggiunto $3,474,000 o $1.43 per azione, segnando un incremento del 2,36% rispetto ai $3,394,000 dell'anno precedente, ovvero $1.39 per azione. Il presidente e CEO Troy A. Peters ha attribuito la crescita dei guadagni a una gestione efficace del reddito netto da interessi in un contesto di aumento dei costi di finanziamento. Questa performance dimostra la capacità di JBTC di affrontare ambienti finanziari sfidanti e mantenere un impulso positivo nei guadagni.
JBT Bancorp, Inc. (OTCQX: JBTC) ha informado sus resultados del segundo trimestre de 2024, con ganancias trimestrales de $2,167,000 o $0.89 por acción. Las ganancias de la compañía en seis meses alcanzaron $3,474,000 o $1.43 por acción, marcando un incremento del 2.36% respecto a los $3,394,000 del año anterior, o $1.39 por acción. El presidente y CEO Troy A. Peters atribuyó el crecimiento de las ganancias a la gestión efectiva de los ingresos netos por intereses en medio del aumento de los costos de financiamiento. Este desempeño demuestra la capacidad de JBTC para navegar por entornos financieros desafiantes y mantener un impulso positivo en las ganancias.
JBT Bancorp, Inc. (OTCQX: JBTC)는 2024년 2분기 실적을 보고했으며, 분기 수익은 $2,167,000 또는 주당 $0.89입니다. 회사의 6개월 수익은 $3,474,000 또는 주당 $1.43에 달하며, 이는 전년도 $3,394,000 또는 $1.39에 비해 2.36% 증가한 수치입니다. 대통령 겸 CEO인 Troy A. Peters는 수익 성장이 상승하는 자금 조달 비용 속에서 순이자 소득의 효과적인 관리 덕분이라고 설명했습니다. 이러한 성과는 JBTC가 어려운 금융 환경을 헤쳐 나가고 긍정적인 수익 동력을 유지하는 능력을 보여줍니다.
JBT Bancorp, Inc. (OTCQX: JBTC) a rapporté ses résultats du deuxième trimestre 2024, avec des bénéfices trimestriels de 2 167 000 $ ou 0,89 $ par action. Les bénéfices de l'entreprise sur six mois ont atteint 3 474 000 $ ou 1,43 $ par action, marquant une augmentation de 2,36 % par rapport à l'année précédente, soit 3 394 000 $ ou 1,39 $ par action. Le président et directeur général Troy A. Peters a attribué la croissance des bénéfices à une gestion efficace des revenus nets d'intérêts dans un contexte de hausse des coûts de financement. Cette performance démontre la capacité de JBTC à naviguer dans des environnements financiers difficiles tout en maintenant un élan positif des bénéfices.
JBT Bancorp, Inc. (OTCQX: JBTC) hat seine Ergebnisse für das zweite Quartal 2024 veröffentlicht, mit einem Quartalsgewinn von $2,167,000 oder $0.89 pro Aktie. Der Unternehmensgewinn für sechs Monate betrug $3,474,000 oder $1.43 pro Aktie, was eine Steigerung von 2,36% im Vergleich zu $3,394,000 oder $1.39 pro Aktie im Vorjahr darstellt. Präsident und CEO Troy A. Peters führte das Gewinnwachstum auf eine effektive Verwaltung des Nettozinseinkommens bei steigenden Finanzierungskosten zurück. Diese Leistung zeigt die Fähigkeit von JBTC, sich in herausfordernden finanziellen Umfeldern zurechtzufinden und positive Gewinnimpulse aufrechtzuerhalten.
- Quarterly earnings of $2,167,000 or $0.89 per share
- Six-month earnings increased by 2.36% year-over-year
- Effective management of net interest income despite rising funding costs
- None.
JONESTOWN, Pa., July 26, 2024 (GLOBE NEWSWIRE) -- JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of
President & CEO Troy A. Peters stated: “Our earnings increase was primarily driven by our ability to positively manage our net interest income performance, even during a period of rising funding costs.”
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
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