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Stock impact report

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2025 (Unaudited)

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: Business Wire
WATSEKA, Ill.--(BUSINESS WIRE)--IF Bancorp, Inc. (NASDAQ: IROQ) (the “Company”) the holding company for Iroquois Federal Savings and Loan Association (the “Association”), announced unaudited net income of $633,000, or $0.20 per basic and diluted share, for the three months ended September 30, 2024, compared to $466,000, or $0.15 per basic share and $0.14 per diluted share, for the three months ended September 30, 2023.Walter H. “Chip” Hasselbring, President and Chief Executive Officer, commented, “While the Federal Reserve has recently begun the process of easing the interest rate environment, it will be a while until the full effects of lower interest rates are felt in our financial results. That being said, we were pleased to see earnings improvement in our quarterly results. Our capital ratios and asset quality remain strong. We look forward to moving the Association forward in this competitive banking environment.”For the three months ended September 30, 2024, net interest inc Show less Read more
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