earnings
confidence high
sentiment positive
materiality 0.60
Bogota Financial posts Q1 net income of $731K vs year-ago loss; one-time death benefit helps
Bogota Financial Corp.
2025-Q1 EPS reported
$0.06
- Net income of $731K ($0.06/share) vs net loss of $441K ($0.03/share) in prior year period.
- Net interest income increased $942K to $3.6M due to lower deposit costs and higher loan yields.
- Recorded $543K one-time death benefit from bank-owned life insurance.
- Total assets decreased $41.3M to $930.2M; deposits down $9.2M; FHLB advances down $32.4M.
- No stock repurchase program outstanding; 238,258 shares repurchased under prior program at $1.7M.