earnings
confidence high
sentiment positive
materiality 0.65
Skyline Bankshares Q1 net income $3.6M, EPS $0.64 vs $0.37 YoY, NIM expands to 4.15%
Skyline Bankshares, Inc.
- Net income $3.6M ($0.64 diluted EPS) vs $2.1M ($0.37) in Q1 2024; annualized ROAA 1.17%, ROAE 15.85%.
- Net interest margin 4.15% vs 3.64% YoY; net interest income after provision $11.5M vs $8.8M.
- Total assets $1.25B, up 2.78% QoQ and 19.18% YoY; net loans $992.2M, deposits $1.11B.
- Nonperforming loans ratio 0.22%, allowance for credit losses 0.82%; core loan growth annualized 6.60%.
- Book value per share $16.44, up from $15.69 at Dec 31, 2024; equity $92.9M.