Muncy Columbia Q1 net income $4.04M ($1.13 EPS) vs $1.94M; dividend raised to $0.44

MUNCY COLUMBIA FINANCIAL Corp

Net income $4,036,000 for Q1 2024, up from $1,940,000 in Q1 2023; EPS $1.13 vs $0.93.
Return on assets 1.02% (0.82% prior year); return on equity 10.52% (8.94%).
Quarterly cash dividend increased to $0.44 per share from $0.42 in Q1 2023.
Total assets $1.573B vs $1.640B at Dec 31, 2023; loans net $1.071B.
Merger of First Columbia Bank & Trust Co. and The Muncy Bank & Trust Co. completed, forming Journey Bank.

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