BV Financial Q2 net income $3.9M ($0.52 EPS) vs $2.8M a year ago; H1 net income $7.0M

BV Financial, Inc.

2023-Q2 EPS reported $0.94

Net income $3.9M for Q2 June 30, 2023, up 39% from $2.8M in Q2 2022; diluted EPS $0.52 vs $0.37.
Net interest margin improved to 4.19% from 3.70% YoY; net interest income $8.2M vs $7.2M.
Loans held to maturity increased $35.7M (5.4%) vs Dec 2022; deposits declined $14.5M (2.1%).
Nonperforming assets fell from $7.9M to $5.1M; allowance for credit losses $8.2M (1.16% of loans).
Stock offering expected to close July 31, 2023; funds collected $54.9M as of June 30.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

BV Financial, Inc. reported the six-month period ended June 30, 2023 results: net income Net income for the six-month period ended June 30, 2023 was $7.0 million or $0.94 per diluted share, EPS $0.94 per diluted share.

Period: the six-month period ended June 30, 2023
Net income: Net income for the six-month period ended June 30, 2023 was $7.0 million or $0.94 per diluted share
EPS: $0.94 per diluted share
Result: reported results

Exact text from the filing

Net income for the six-month period ended June 30, 2023 was $7.0 million or $0.94 per diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.99

BV Financial, Inc. reported the quarter ended June 30, 2023 results: net income net income of $3.9 million, or $0.52 per diluted share, EPS $0.52 per diluted share.

Period: the quarter ended June 30, 2023
Net income: net income of $3.9 million, or $0.52 per diluted share
EPS: $0.52 per diluted share
Result: reported results

Exact text from the filing

today reported net income of $3.9 million, or $0.52 per diluted share, for the quarter ended June 30, 2023

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BV Financial, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-038554

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