CORRECTION - Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024 Corrected
Bogota Financial Corp. (BSBK)
Company Research
Source: GlobeNewswire
TEANECK, N.J., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Bogota Financial Corp. (NASDAQ: BSBK) (the “Company”), the holding company of Bogota Savings Bank (the “Bank”), after market close today issued a correction to its financial results for the three and nine months ended September 30, 2024 (the “Revised Earnings Release”), which was issued prior to market open on November 1, 2024 (the “Original Earnings Release”). Interest expense on deposits (and similarly total interest expense) for the three and nine months ended September 30, 2024 reported in the Original Earnings Release was understated by $300,000 due to a misstatement of the rates paid on certain certificates of deposit during the three months ended September 30, 2024. As a result, the Revised Earnings Release reflects the following changes: At September 30, 2024 Average rate for certificates of depositAverage rate for deposits As Initially Reported4.15%3.55% As Corrected4.39%3.95% For Three Mont
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News
- Bogota Financial Third Quarter 2024 Earnings: US$0.012 loss per share (vs US$0.002 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- CORRECTION - Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024 Corrected [Yahoo! Finance]Yahoo! Finance
- Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024GlobeNewswire
BSBK
Sec Filings
- 11/14/24 - Form 10-Q
- 11/4/24 - Form 8-K
- BSBK's page on the SEC website