Welcome to our dedicated page for Logansport Finl news (Ticker: LOGN), a resource for investors and traders seeking the latest updates and insights on Logansport Finl stock.
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) 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.
Logitech International (SIX: LOGN, Nasdaq: LOGI) filed its Quarterly Report on Form 10-Q for Q3 of Fiscal Year 2021 with the U.S. SEC on January 21, 2021. The details of the filing are accessible through both the SEC and Logitech's official website. Founded in 1981 and headquartered in Lausanne, Switzerland, Logitech is recognized for its diverse product offerings, connecting users through music, gaming, and computing. The company operates multiple brands including Logitech G, ASTRO Gaming, and Blue Microphones.
Logitech International reported impressive Q3 FY 2021 results, with sales reaching $1.67 billion, up 85% year-over-year. GAAP operating income surged 248% to $448 million, and GAAP earnings per share (EPS) increased 222% to $2.22. Non-GAAP operating income also rose 214% to $476 million, while non-GAAP EPS jumped 192% to $2.45. Logitech raised its annual outlook for sales growth to between 57% and 60% in constant currency, reflecting the strength of its portfolio and investments in growth areas.
Logitech (SIX: LOGN, NASDAQ: LOGI) has launched a next-generation portfolio of video conferencing solutions, including the Rally Bar and Rally Bar Mini, aimed at enhancing meeting experiences in hybrid work environments. The devices support major platforms like Microsoft Teams and Zoom, featuring high-resolution optics, advanced audio technology, and AI capabilities. Pricing starts at $3,999 for the Rally Bar. Logitech emphasizes ease of use and management, aiming to optimize video conferencing across all room sizes.
Logitech (SIX: LOGN, NASDAQ: LOGI) has unveiled a next-generation portfolio of video conferencing solutions, enhancing the meeting experience with products like the Rally Bar and Rally Bar Mini. These devices offer cinema-quality video and clear audio, adaptable for small to large meeting rooms. The Rally Bar supports major conferencing platforms such as Microsoft Teams and Zoom, and integrates AI for optimized performance. Pricing starts at $3,999 for Rally Bar, $2,999 for Rally Bar Mini, and $999 for Logitech RoomMate, aiming to streamline user experiences in hybrid work environments.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) will release its quarterly financial results on January 18, 2021 at 9:00 PM EST and January 19, 2021 at 3:00 AM CET. A videoconference to discuss these results is scheduled for January 19, 2021 at 8:30 AM EST and 2:30 PM CET. The event will be livestreamed on the Logitech corporate website.
Logitech (SIX: LOGN) (NASDAQ: LOGI) has partnered with Girls Who Code to address the gender gap in technology. This collaboration includes sponsoring the Summer Immersion Program, hosting virtual events, and providing internship opportunities for young women. Logitech will donate a portion of global sales from its Master Series products to support Girls Who Code's initiatives. Delphine Donne-Crock of Logitech emphasizes the importance of empowering future female creators through advanced tools and educational opportunities.
Logansport Financial Corp. (LOGN) reported a significant increase in net earnings for the quarter ended September 30, 2020, totaling $1,534,000 or $2.51 per diluted share, up from $602,000 or $0.98 per diluted share in 2019. Year-to-date net earnings reached $3,026,000, compared to $1,662,000 in the same period last year. Total assets rose to $223.3 million from $186.2 million in 2019. The earnings included a $722,000 gain from a Bank Owned Life Insurance Settlement. However, cash dividends decreased to $1.05 in 2020 from $3.80 in 2019.
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