earnings
confidence high
sentiment positive
materiality 0.60
Parkway Acquisition Q3 net income $2.7M ($0.45/sh) vs $1.4M ($0.23/sh) YoY
Skyline Bankshares, Inc.
- Net income of $2.7M, EPS $0.45; nine-month net income $6.8M, EPS $1.14.
- Total assets $980.2M (+20% YoY); deposits $878.3M (+23% YoY).
- Core loans (excl. PPP) grew >8% YoY; $40.8M PPP loans remain on balance sheet.
- Net interest margin 3.60% (Q3 2021) vs 3.75% (Q3 2020); NPL ratio 0.30%.
- Repurchased 34,175 shares in Q3; book value $14.78 per share.