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Stock impact report

IF Bancorp, INC. Announces Results for Fourth Quarter and Fiscal Year Ended June 30, 2024 [Yahoo! Finance]

IF Bancorp, Inc. (IROQ) 
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1032002
Company Research Source: Yahoo! Finance
and Loan Association (the "Association"), announced net income of $1.8 million, or $0.57 per basic share and diluted share for the fiscal year ended June 30, 2024, compared to $4.7 million, or $1.50 per basic share and $1.46 per diluted share for the fiscal year ended June 30, 2023. The Company also announced net income of $431,000, or $0.13 per basic share and diluted share for the three months ended June 30, 2024, compared to $597,000, or $0.19 per basic share and $0.18 per diluted share for the three months ended June 30, 2023. "As we mentioned in our last earnings release, the interest rate environment for the past several years has been challenging for the banking industry. Our biggest challenge remains managing the cost of funding our assets, where we are highly sensitive to current pricing. The Board and management continue to evaluate all opportunities to enhance shareholder value and improve earnings," said Walter H. "Chip" Hasselbring III, President and CEO. Net income d Show less Read more
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