First Northern Community Bancorp Reports Strong Q3 Growth

The latest announcement is out from First Northern Community Bancorp ( (FNRN) ).

First Northern Community Bancorp reported a third-quarter net income of $5.5 million, marking an 18.8% increase compared to last year. Despite a slight year-to-date decline in net income, the bank saw growth in total assets and net loans, driven by commercial and residential mortgage sectors. The company resolved a major non-performing loan, enhancing its financial health and boosting shareholder value through a rise in book value per share. The bank remains well-capitalized, maintaining strong financial resilience.

See more data about FNRN stock on TipRanks’ Stock Analysis page.