Bancorp 34, Inc. Reports 1st Quarter Performance
Bancorp 34 reported Q1 net income of $1.7 million, or $0.21 diluted EPS, improving from the prior quarter's results. Core operational metrics showed strength, with the net interest margin expanding 21 basis points to 3.86% and the efficiency ratio tightening significantly to 75.50%.
Key figures
- Eps
- 0.21
- Nim
- 3.86%
- Tbvps
- $12.56
- Net Income
- $1.7 million
- Efficiency Ratio
- 75.50%
AI analysis
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