secwatch.observer — SEC 8-K summary
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Issuer:     JUNIATA VALLEY FINANCIAL CORP (JUVF)
CIK:        0000714712
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001558370-23-012053
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Juniata Valley Q2 net income down 29.5% to $1.4M; EPS $0.28; margin shrinks
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- Net income Q2 2023 fell 29.5% to $1.4M; EPS $0.28, down 30.0% YoY.
- Net interest margin declined to 2.76% (3.08% in Q2 2022); NIM compression from rate hikes.
- Non-interest expense +8.5% to $5.5M; included $238k core provider breakage fee and $209k Path Valley M&A costs.
- Six-month net income $3.1M (-23.6%), EPS $0.62 (-24.4%); ROAA 0.75% vs 1.00% prior year.
- Board declared $0.22/share dividend, payable Sept 1, 2023 to holders of record Aug 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/714712/000155837023012053/0001558370-23-012053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/714712/000155837023012053/juvf-20230721x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012053

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