Bogota Financial Q4 net loss $1.2M; full-year EPS $0.05 vs $0.51 prior year

Bogota Financial Corp.

2023-FY EPS reported $0.05

Net loss of $1.2M ($0.09/sh) for Q4 2023 vs net income of $1.9M ($0.14/sh) in Q4 2022.
Full-year 2023 net income $643K ($0.05/sh) vs $6.9M ($0.51/sh) in 2022.
Net interest margin fell 133 bps to 1.35% in Q4; deposits declined 10.8% YoY to $625.3M.
Non-accrual construction loan of $11.1M drives delinquent loans to 1.76% of total loans.
Pending fraud claim of $376K in other expense; stock buyback of 216,837 shares completed at $1.6M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bogota Financial Corp. reported the three and twelve months ended December 31, 2023 results: net income net income for the twelve months ended December 31, 2023 of $643,000, EPS $0.05 per basic and diluted share.

Period: the three and twelve months ended December 31, 2023
Net income: net income for the twelve months ended December 31, 2023 of $643,000
EPS: $0.05 per basic and diluted share
Result: reported results

Exact text from the filing

reported net loss for the three months ended December 31, 2023 of $1.2 million or ($0.09) per basic and diluted share

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Period: the three and twelve months ended December 31, 2023
Net income: net income for the twelve months ended December 31, 2023 of $643,000
EPS: $0.05 per basic and diluted share
Result: reported results

Exact text from the filing

The Company reported net income for the twelve months ended December 31, 2023 of $643,000 or $0.05 per basic and diluted share

View on SEC.gov

Browse all earnings releases →

Bogota Financial Corp. filing history →

Source: SEC EDGAR

accession 0001193125-24-026058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.