Reports Q4 net interest margin 2.57%, an increase of 11 basis points over Q3 2024. Tangible book value per share was $29.91 from $29.82 at previous quarter end. Tier 1 leverage capital ratio was 9.90% in Q4 from 9.84% in Q3. “We are pleased with our Q4 and full-year financial performance. These results reflect our team’s collective efforts and commitment to serving our customers and communities,” said CEO Simon Griffiths. “We enter 2025 with tremendous momentum across our franchise, highlighted by our Q4 financial results, which included core earnings growth of 9% for the quarter and signs of profitability returning to historical levels as our return on average assets surpassed 1%. As we enter 2025, we are excited to welcome our neighbors from Northway and bolster our franchise in New Hampshire. We remain confident in our plan to build the premier Northern New England community bank, and our strong 2024 financial performance provides us a solid foundation to do so.”
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