Bogota Financial ( (BSBK) ) has shared an announcement.
On January 29, 2025, Bogota Financial Corp. announced the appointment of Peter T. Donnelly to its board of directors, effective March 26, 2025, with positions on the Audit and IT Committees. The same release from IF Bancorp, Inc. reported a significant increase in unaudited net income for the quarter and six months ending December 31, 2024, compared to the previous year, attributed to an increase in interest income and net interest margin recovery amidst a challenging deposit environment. The report highlighted the firm’s strategic financial management, including a steady loan portfolio and increased borrowings, despite a reduction in deposits due to tax distributions by a public entity.
More about Bogota Financial
IF Bancorp, Inc. is the savings and loan holding company for Iroquois Federal Savings and Loan Association, established in 1883 and headquartered in Watseka, Illinois. It operates from seven full-service banking offices in Illinois and a loan production office in Missouri, focusing on banking services and property and casualty insurance through its subsidiary.
YTD Price Performance: 6.47%
Average Trading Volume: 5,956
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $102.8M
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