JUNIATA VLY FINCL CORP PA - JUVF STOCK NEWS

The Juniata Valley Bank, a subsidiary of Juniata Valley Financial Corp. (OTCQX:JUVF), and Orrstown Bank have finalized a Purchase and Assumption Agreement for Orrstown's Path Valley branch in Spring Run, PA. Juniata will assume approximately $31.7 million in deposit liabilities and acquire the branch's real estate, furniture, equipment, and cash, with no loans involved. The transaction is set to close in Q2 2023, following regulatory approvals. This acquisition aims to enhance service in the community and improve operational efficiencies for Juniata.

Juniata Valley Financial Corp. (OTCQX:JUVF) reported net income of $2.1 million for Q3 2022, an 11.8% increase from $1.9 million in Q3 2021, with earnings per share rising to $0.42 from $0.38. Year-to-date net income reached $6.2 million, up 18% from $5.3 million in 2021. Loan growth exceeded $21 million, and net interest income increased to $18 million compared to $15.5 million in 2021. However, a loan loss provision of $350,000 was noted, reflecting economic uncertainties. Additionally, the company declared a $0.22 cash dividend, payable December 1, 2022.

Juniata Valley Financial Corp. (OTCQX:JUVF) reported a net income of $2.0 million for Q2 2022, marking a 14.0% increase from Q2 2021. Year-to-date net income rose 21.5% to $4.1 million. Earnings per share also improved, reaching $0.40 in Q2 2022, up 14.3% year-over-year. Key metrics included a 5.4% increase in outstanding loans and a 1.00% return on average assets, a 19.0% rise year-over-year. A cash dividend of $0.22 per share was declared, payable on September 1, 2022. The company remains cautious of economic uncertainties but aims for organic growth.

Juniata Valley Financial Corp. (OTCQX: JUVF) has appointed Joseph B. Scarnati III as a director for both Juniata and its subsidiary, The Juniata Valley Bank. Scarnati, a former Pennsylvania Senator and lieutenant governor, is expected to contribute to the Trust and Loan Committees. His appointment aligns with Juniata’s core values, focusing on community and economic growth through small businesses. This strategic move may enhance the bank's local engagement and overall leadership.

Juniata Valley Financial Corp. (OTCQX:JUVF) officially began trading on the OTCQX® Best Market as of May 17, 2022. This transition marks a significant step for the company, which aims to enhance its visibility and liquidity in the stock market. The company’s main subsidiary, The Juniata Valley Bank, has been operational since 1867 and currently holds assets of $815 million. President Marcie A. Barber expressed optimism about the opportunities that come with this market upgrade, highlighting the goal of delivering long-term value for shareholders.

Juniata Valley Financial Corp. (OTC Pink: JUVF) reported a net income of $2.1 million for Q1 2022, a 29.4% increase from $1.6 million in Q1 2021. Earnings per share rose to $0.42, up 27.3% from $0.33. Key metrics showed a return on average assets of 1.04% and a return on average equity of 12.55%. Net interest income reached $5.9 million, while average earning assets increased by 3.7% to $768.5 million. Total assets declined slightly to $807.9 million. A dividend of $0.22 per share was declared for shareholders of record on May 16, 2022.

Juniata Valley Financial Corp. (OTC Pink: JUVF) reported a 17.9% increase in net income for 2021, totaling $6.6 million, compared to $5.6 million in 2020. Earnings per share rose to $1.32 from $1.10. While fourth-quarter net income was $1.3 million, a slight decrease from $1.4 million in 2020, total assets grew to $810.5 million. Juniata focused on digital services and the Paycheck Protection Program, demonstrating strong credit quality with $183,000 in net recoveries. Nonetheless, non-interest income declined by 3.1% to $5.2 million.

Juniata Valley Financial Corp. (OTC Pink: JUVF) reported a net income of $1.9 million for Q3 2021, up 18.1% year-over-year. Earnings per share increased to $0.38, an 18.8% rise from Q3 2020. Year-to-date net income rose 24.1% to $5.3 million, with EPS at $1.05, a 26.5% increase. Key factors included a reduction in loan loss provisions and strong performance from hospitality sector borrowers. Assets grew to $827.1 million, largely driven by a 13.6% increase in deposits. A cash dividend of $0.22 per share was declared, payable on December 1, 2021.

Juniata Valley Financial Corp. (OTC Pink: JUVF) reported a net income of $1.7 million for Q2 2021, up 8.3% from $1.6 million in Q2 2020. EPS rose 12.9% to $0.35. For the first half of 2021, net income increased 27.7% to $3.4 million, with EPS growing 28.8% to $0.67. Key metrics include a 10.5% rise in return on average assets to 0.84% and a 30.4% increase in return on average equity to 9.10%. Total assets reached $835.8 million, with deposits increasing by $85.7 million. The Board declared a cash dividend of $0.22 per share for shareholders of record on August 16, 2021.