STOCK TITAN

JSB FINCL INC - JFWV STOCK NEWS

Welcome to our dedicated page for JSB FINCL news (Ticker: JFWV), a resource for investors and traders seeking the latest updates and insights on JSB FINCL stock.

JSB FINCL INC (symbol: JFWV) is a well-established financial services company known for its comprehensive range of banking and financial solutions. The company's core business revolves around providing personal and commercial banking services, tailored investment products, and wealth management solutions. With a commitment to innovation and customer satisfaction, JSB Financial Inc. has carved out a significant niche in the financial sector.

Recent achievements of the company include the successful launch of several customer-centric digital banking services, which have greatly enhanced user experience and accessibility. Additionally, JSB Financial Inc. has strengthened its market position through strategic partnerships and acquisitions that expand its service offerings and geographic reach.

Currently, the company is focused on several key projects, including the integration of advanced financial technologies to streamline operations and improve service delivery. Financially, JSB Financial Inc. remains robust, with steady revenue growth and a well-managed risk profile, thanks to prudent fiscal policies and a diversified portfolio.

The company's product lineup is extensive, featuring a range of banking services such as savings and checking accounts, loans, credit facilities, and investment services designed to meet the diverse needs of its clientele. Moreover, JSB Financial Inc.'s wealth management division offers personalized financial planning and advisory services, helping clients achieve their long-term financial goals.

JSB Financial Inc. continues to be a pivotal player in the financial sector, driving growth and innovation while maintaining a strong financial foundation. Investors and customers alike can rely on the company for reliable services and forward-thinking solutions.

Rhea-AI Summary
JSB Financial Inc. declares $1.15 per share semi-annual dividend.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.19%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Jefferson Security Bank (OTCPK: JFWV) announced a semi-annual dividend of $1.15 per share, payable on March 10, 2023, to shareholders of record on February 28, 2023. This marks an increase of $0.05 from the previous dividend of $1.10 per share paid in September 2022. President and CEO Cindy Kitner highlighted the bank's achievement of a fifth consecutive year of record earnings despite economic challenges. The focus remains on strong capital management and providing value to shareholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary

Jefferson Security Bank (OTCPK: JFWV) announced its 2022 financial results, achieving record earnings for the fifth consecutive year. Q4 net income rose to $1.3 million, a 44.82% increase from Q4 2021, while annual net income grew to $3.9 million, up 8.01%. Basic earnings per share increased from $3.36 in Q4 2021 to $4.86 in Q4 2022, reaching $14.01 for the year. Net interest income for 2022 totaled $13.0 million, a 14.91% increase. Total assets rose by 8.07% to $461.2 million, driven by a 24.28% rise in loans. However, book value per share declined from $119.52 to $81.64 due to unrealized losses in the investment portfolio.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.77%
Tags
-
Rhea-AI Summary

Jefferson Security Bank (OTCPK: JFWV) reported net income of $898 thousand for Q3 2022, a 4.1% increase from $863 thousand in Q3 2021. Basic earnings per share rose to $3.26 from $3.13. However, net income for the first nine months declined by $128 thousand to $2.5 million, with earnings per share at $9.15, down from $9.58 in 2021. Total assets increased by $16.9 million to $454.7 million, while loans grew by 20.2%, indicating robust growth despite rising expenses.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Jefferson Security Bank (OTC Pink: JFWV) announces a semi-annual dividend of $1.10 per share, approved by the Board on August 18, 2022. The dividend will be paid on September 9, 2022, to shareholders of record on August 31, 2022. This results in an annual dividend of $2.20 per share for 2022, marking a 7.3% increase from $2.05 in 2021. CEO Cindy Kitner emphasizes the bank’s commitment to enhancing shareholder value while managing capital prudently amidst economic conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends
Rhea-AI Summary

Jefferson Security Bank (OTC Pink: JFWV) reported a net income of $833 thousand for Q2 2022, down $173 thousand or 17.2% from Q2 2021. Diluted EPS decreased to $3.02 from $3.65. For the first six months, net income was $1.6 million, a decline of $164 thousand or 9.2%. Provision for loan losses was $140 thousand in Q2 due to strong loan growth. Total assets rose $34.6 million to $448.9 million. However, total equity fell to $20.0 million due to market interest rate impacts, with book value per share down to $72.71.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary

Jefferson Security Bank (OTC Pink: JFWV) announced the election of new independent directors, Archibald R. Hoxton IV and Kelvin L. Upson. Hoxton brings 30 years of financial planning experience and previously worked with Goldman Sachs PFM. Upson, a Senior Cybersecurity Professional, has extensive military and engineering expertise. The Chair of the Board expressed confidence that their diverse skills will enhance strategic guidance and shareholder value, reinforcing the bank's commitment to strong performance amidst evolving market conditions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
management
-
Rhea-AI Summary

Jefferson Security Bank (OTC Pink: JFWV) reported a net income of $791 thousand for Q1 2022, up from $782 thousand in Q1 2021. Basic and diluted earnings per share increased to $2.87 from $2.81. The bank's total assets rose to $437.9 million, while loans increased to $253.2 million. Total deposits reached $410.4 million, up from $363.8 million a year earlier. However, total shareholder’s equity decreased to $24.2 million due to unrealized losses in the investment portfolio.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Jefferson Security Bank (OTC Pink: JFWV) announced a semi-annual dividend of $1.10 per share, an increase of $0.05 from last year's $1.05. This dividend, payable on March 11, 2022, rewards shareholders of record on March 1, 2022. CEO Cindy Kitner highlighted the bank's profitability and commitment to shareholder value as reasons for the increase, reflecting the bank's continued success in the financial sector of West Virginia and Maryland.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
dividends

FAQ

What is the current stock price of JSB FINCL (JFWV)?

The current stock price of JSB FINCL (JFWV) is $88 as of August 22, 2024.

What is the market cap of JSB FINCL (JFWV)?

The market cap of JSB FINCL (JFWV) is approximately 23.2M.

What services does JSB Financial Inc. offer?

JSB Financial Inc. offers personal and commercial banking services, investment products, and wealth management solutions.

What are some recent achievements of JSB Financial Inc.?

Recent achievements include the launch of digital banking services and strategic partnerships that enhance service offerings.

How is JSB Financial Inc. performing financially?

The company boasts steady revenue growth and a strong financial foundation due to prudent fiscal policies and a diversified portfolio.

What current projects is JSB Financial Inc. working on?

Current projects include integrating advanced financial technologies to streamline operations and improve service delivery.

What kind of banking services does JSB Financial Inc. provide?

They provide a range of banking services including savings and checking accounts, loans, credit facilities, and investment services.

How does JSB Financial Inc. support wealth management?

The company offers personalized financial planning and advisory services to help clients achieve their long-term financial goals.

What makes JSB Financial Inc. a reliable financial partner?

JSB Financial Inc. is known for its customer-centric approach, innovation in services, and strong financial management.

Who are the target clients of JSB Financial Inc.?

The company serves both individual clients and commercial entities with tailored financial solutions.

What is the company's strategy for growth?

JSB Financial Inc. focuses on innovation, strategic partnerships, and acquisitions to drive growth and expand its market reach.

How does JSB Financial Inc. ensure customer satisfaction?

By offering innovative, accessible banking services and maintaining a strong commitment to meeting customer needs.

JSB FINCL INC

OTC:JFWV

JFWV Rankings

JFWV Stock Data

23.17M
275.75k
0.07%
Banks - Regional
Financial Services
Link
United States of America
Shepherdstown