Published on 25 Apr 2024 on GuruFocus.com via Yahoo Finance
Net Income: Reported at $11.7 million, falling short of the estimated $15.65 million.Earnings Per Share (EPS): Achieved $0.53 per diluted share, below the estimate of $0.73.Revenue: Details not provided, comparison to the estimated $74.93 million cannot be made.Pre-Tax, Pre-Provision Earnings: Amounted to $32.2 million, indicating operational performance before tax and loan loss provisions.Net Interest Margin: Slightly decreased to 3.18% from 3.21% in the previous quarter.Efficiency Ratio: Worsened to 58.0% from 55.2% in the prior quarter, indicating higher costs relative to revenue.Common Equity Tier 1 Capital Ratio: Improved to 8.60% from 8.40%, strengthening the bank's capital position.
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