Sound Financial Q1 net income $2.2M ($0.83 EPS); dividend raised to $0.19/share

Sound Financial Bancorp, Inc.

2023-Q1 EPS reported $0.83

Net income $2.2M, $0.83 diluted EPS vs $2.9M ($1.12) in Q4 2022 and $1.7M ($0.65) in Q1 2022.
Total assets surpassed $1.00B, up 2.9% from $976.4M at year-end 2022.
Deposits increased $32.9M to $841.6M; borrowings decreased $14.4M to $56.6M average.
Nonperforming assets fell 48.4% to $1.9M; allowance for credit losses to loans 1.07%.
Quarterly dividend raised to $0.19 from $0.17, payable May 24 to holders of record May 10.

item 2.02 item 8.01 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

Sound Financial Bancorp, Inc. reported the quarter ended March 31, 2023 results: net income $2.2 million, EPS $0.83 diluted earnings per share.

Period: the quarter ended March 31, 2023
Net income: $2.2 million
EPS: $0.83 diluted earnings per share
Result: reported results

Exact text from the filing

Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the "Company") for Sound Community Bank (the "Bank"), today reported net income of $2.2 million for the quarter ended March 31, 2023, or $0.83 diluted earnings per share

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Sound Financial Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001541119-23-000020

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