Consumers Bancorp Q3 net income $2.6M ($0.86 EPS); 9-month net down to $8.0M on PPP comparison

CONSUMERS BANCORP INC /OH/

2023-Q3 EPS reported $2.60

Net income for Q3 FY2023 was $2.6M ($0.86 EPS), up 2% YoY; 9-month net $8.0M ($2.60) vs $8.4M ($2.77) a year ago.
Total loans grew $77.4M (annualized 9.5%) over nine months; total deposits up $67.8M (annualized 5.7%).
Net interest margin fell to 3.27% in Q3 from 3.50% a year ago; cost of funds rose to 1.30% from 0.21%.
Non-performing loans were just 0.03% of total loans; allowance for loan losses stood at 1.13% of loans.

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 0.9

CONSUMERS BANCORP INC /OH/ reported for the nine month period ended March 31, 2023 results: net income $8.0 million, EPS $2.60.

Period: for the nine month period ended March 31, 2023
Net income: $8.0 million
EPS: $2.60
Result: reported results

Exact text from the filing

● Net income was $2.6 million, or $0.86 per share, for the three-month period ended March 31, 2023 and $8.0 million, or $2.60 per share, for the nine month period ended March 31, 2023.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

CONSUMERS BANCORP INC /OH/ reported for the three-month period ended March 31, 2023 results: net income $2.6 million, EPS $0.86.

Period: for the three-month period ended March 31, 2023
Net income: $2.6 million
EPS: $0.86
Result: reported results

Exact text from the filing

● Net income was $2.6 million, or $0.86 per share, for the three-month period ended March 31, 2023 and $8.0 million, or $2.60 per share, for the nine month period ended March 31, 2023.

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3 earnings releases filed in the last 30 days. Browse all earnings releases →

CONSUMERS BANCORP INC /OH/ filing history →

Source: SEC EDGAR

accession 0001437749-23-010727

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