CORRECTION - Bogota Financial Corp. Reports Results for the Three and Nine Months Ended September 30, 2024 Corrected [Yahoo! Finance]
Bogota Financial Corp. (BSBK)
Company Research
Source: Yahoo! Finance
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 deposit Average rate for deposits As Initially Reported As Corrected For Three Months Ended September 30, 2024 (Dollars in thousands, except per share data) Interest paid on average certificates of deposit Interest paid on average interest-bearing deposits Ne
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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 CorrectedGlobeNewswire
- 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