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Logansport Financial Corp. (Symbol: LOGN) is the holding company for Logansport Savings Bank, providing various banking products and services to both individuals and businesses in Cass County, Indiana. The company's comprehensive suite of personal banking products includes checking accounts, NOW accounts, savings accounts, health savings accounts, certificates of deposit, individual retirement accounts, and a range of loans such as mortgage, home equity lines, home improvement, construction, commercial buildings, farm, consumer, education, and car loans. Additionally, they offer internet and mobile banking services, overdraft protection, and more.
For businesses, Logansport Financial Corp. offers commercial checking accounts, commercial savings accounts and certificates of deposit, money market accounts, commercial sweep accounts, ACH debit/credit capabilities, and electronic federal tax payment systems. They also provide remote banking and merchant card services, wires, coin services, night deposit bags, and more to streamline business banking operations for their clients.
In terms of financial performance, Logansport Financial Corp. reported net earnings for the quarter ended June 30, 2023, at $529,000 or $0.86 per diluted share, and $371,000 or $0.61 per diluted share for the third quarter ended September 30, 2023. Year-to-date net earnings for 2023 stand at $1,501,000, compared to $2,428,000 for the same period in 2022. The company's total assets as of September 30, 2023, were $244.3 million, with total deposits at $200.9 million.
The company has also been proactive in rewarding its shareholders, paying $3.85 per share in dividends in the first nine months of 2023, including a special dividend of $2.50 per share. This marks a significant increase from the $1.20 dividend paid in the same period in 2022.
Logansport Financial Corp. continues to be a key player in the local banking sector, offering robust financial services and maintaining a strong financial position, underpinned by their commitment to customer satisfaction and community service.
Logansport Financial Corp. (LOGN) reported a net earnings of $665,000 or $1.09 diluted earnings per share (EPS) for Q2 2021, down from $879,000 or $1.44 EPS in 2020. Year-to-date earnings reached $1,598,000 in 2021 compared to $1,492,000 in 2020, with a 6% increase in diluted EPS for the first six months. Total assets rose to $243.4 million, and total deposits increased to $213.7 million. The company paid $2.80 in dividends per share in the first half of 2021, including a special dividend of $2.00.
Logansport Financial Corp. (LOGN) has announced a quarterly cash dividend of $.40 per share for Q2 2021. The dividend is set to be paid on July 13, 2021, to shareholders on record as of June 11, 2021. This move highlights the company’s commitment to returning value to its shareholders amidst the current economic climate.
Logansport Financial Corp. (OTCBB: LOGN) reported a net income of $934,000 or $1.52 per diluted share for Q1 2021, a significant increase from $613,000 or $1.00 per diluted share in the same period of 2020. The company’s total loans increased to $137.7 million, up from $135.0 million, while deposits rose to $213.0 million from $189.5 million. Total assets also grew to $243.0 million from $220.4 million. Shareholder equity reached $28.5 million, up from $25.1 million year-on-year.
Logansport Financial Corp. (OTCBB: LOGN) declared a special dividend of $2.00 per share for shareholders on record as of April 15, 2021. The dividend, which recognizes strong corporate performance, will be distributed on May 14, 2021. President Arden L. Cramer emphasized this payout as a reward for loyal shareholders, exceeding typical quarterly dividends.
Logansport Financial Corp. (LOGN) announces the retirement of CEO Arden L. Cramer, effective August 31, 2021, after 15 years in the role. Current CFO Chad Higgins will succeed him, bringing over a decade of experience in the company. Cramer will remain on the board of Logansport Savings Bank, ensuring continuity in leadership and expertise. This transition is expected to provide fresh perspectives under Higgins while maintaining Cramer's insights into the local banking market.
Logitech International (SIX:LOGN) (Nasdaq:LOGI) has raised its Fiscal Year 2021 outlook to approximately 63% sales growth in constant currency, with projected non-GAAP operating income of $1.1 billion. The previous outlook anticipated 57-60% growth and $1.05 billion income. For Fiscal Year 2022, sales growth is expected to be flat, plus or minus 5%, with non-GAAP operating income between $750 million and $800 million. Long-term sales growth expectations rose to 8-10%, enhancing gross and operating margin targets.
Logansport Financial Corp. (LOGN) has declared a quarterly cash dividend of $0.40 per share for the first quarter of 2021. This dividend will be payable on April 16, 2021, to shareholders on record as of March 17, 2021. This announcement reflects the company’s commitment to providing returns to its shareholders.
Logansport Financial Corp. (LOGN) announced its financial results for the year and quarter ending December 31, 2020. The company achieved net earnings of $889,000 for Q4 2020, a rise from $586,000 in Q4 2019. Annual net earnings reached $3.915 million, up from $2.249 million the previous year. Earnings per share increased to $6.40, compared to $3.65 in 2019. Key metrics included a Return on Assets of 1.78% and a Return on Equity of 13.76%, reflecting overall growth and improved profitability.
Logitech (NASDAQ: LOGI) has launched a new brand campaign titled DEFY LOGIC. The campaign showcases creators and activists defying expectations, featuring a Super Bowl ad with Lil Nas X. This initiative emphasizes Logitech's commitment to supporting diverse talents and promoting sustainability and equality through its products. The campaign will also appear during the GRAMMY Awards and across various media platforms, spotlighting the stories of individuals committed to creative innovation and social change.
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