Jeffersonville Bancorp (OTCMKTS:JFBC) Announces Earnings Results

Jeffersonville Bancorp (OTCMKTS:JFBC) released its quarterly earnings data on Thursday. The bank reported $0.78 earnings per share for the quarter, Zacks reports. Jeffersonville Bancorp had a return on equity of 12.72% and a net margin of 34.98%.

Jeffersonville Bancorp Trading Up 0.1%

JFBC traded up $0.03 during midday trading on Friday, reaching $22.03. The company’s stock had a trading volume of 332 shares, compared to its average volume of 1,675. Jeffersonville Bancorp has a 1 year low of $18.81 and a 1 year high of $23.00. The firm has a market capitalization of $93.28 million, a price-to-earnings ratio of 7.92 and a beta of 0.23. The stock’s 50-day moving average is $21.62 and its 200-day moving average is $21.16.

Jeffersonville Bancorp Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, October 3rd. Stockholders of record on Friday, September 26th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 25th. This represents a dividend yield of 461.0%. This is a boost from Jeffersonville Bancorp’s previous dividend of $0.15. Jeffersonville Bancorp’s payout ratio is currently 21.58%.

Jeffersonville Bancorp Company Profile

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The company offers various deposit products, such as checking, money market, savings, and NOW, as well as demand and time deposits.