Sound Financial Q2 net income $2.9M, EPS $1.11; declares $0.19 dividend

Sound Financial Bancorp, Inc.

2023-Q2 EPS reported $1.94

Net income $2.9M ($1.11 EPS) vs $2.2M ($0.83) in Q1 2023 and $1.6M ($0.61) in Q2 2022.
NIM (annualized) 3.71%, down from 4.01% in Q1 2023, up from 3.82% a year ago.
Loans held-for-portfolio $855.4M (-1.7% QoQ); deposits $822.3M (-2.3% QoQ).
Recorded $331k reversal of credit losses; BOLI death benefit of $568k boosted noninterest income.
Dividend of $0.19/share declared, payable Aug 23 to holders of record Aug 9.

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 0.97

Sound Financial Bancorp, Inc. reported the quarter ended June 30, 2023 results: net income $2.9 million, EPS $1.11 diluted earnings per share.

Period: the quarter ended June 30, 2023
Net income: $2.9 million
EPS: $1.11 diluted earnings per share
Result: reported results

Exact text from the filing

Sound Financial Bancorp, Inc. (the "Company") (Nasdaq: SFBC), the holding company for Sound Community Bank (the "Bank"), today reported net income of $2.9 million for the quarter ended June 30, 2023, or $1.11 diluted earnings per share

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Sound Financial Bancorp, Inc. filing history →

Source: SEC EDGAR

accession 0001541119-23-000029

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