Jeffersonville Bancorp (OTCMKTS:JFBC) Issues Quarterly Earnings Results

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

Jeffersonville Bancorp Price Performance

JFBC traded up $0.22 on Thursday, hitting $22.00. 2,100 shares of the stock were exchanged, compared to its average volume of 1,680. Jeffersonville Bancorp has a 12 month low of $18.81 and a 12 month high of $23.00. The firm has a market capitalization of $93.15 million, a price-to-earnings ratio of 7.91 and a beta of 0.23. The business has a 50-day moving average of $21.59 and a two-hundred day moving average of $21.15.

Jeffersonville Bancorp Increases Dividend

The business also recently declared a dividend, which was paid on Friday, October 3rd. Investors of record on Friday, September 26th were given a $0.25 dividend. The ex-dividend date was Thursday, September 25th. This is an increase from Jeffersonville Bancorp’s previous dividend of $0.15. This represents a dividend yield of 461.0%. Jeffersonville Bancorp’s dividend payout ratio (DPR) is 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.