Katahdin Bankshares Corp. Reports Third Quarter 2024 Results [Yahoo! Finance]
KATAHDIN BANKSHARES CORP (KTHN)
NASDAQ:AMEX Investor Relations:
katahdintrust.com/shareholder-relations.aspx
Company Research
Source: Yahoo! Finance
parent company of Katahdin Trust Company, a full-service community bank in Maine founded in 1918, has announced 2024 third-quarter earnings of $2.27 million , or per common share, an increase of 13.2% over the prior quarter. "I'm pleased to report that our financial performance remained solid and consistent for the third quarter," said Jon J. Prescott , Katahdin Trust President and Chief Executive Officer. "Despite year-to-date lower net interest income and rising funding costs and non-interest expenses, our net interest margin remained relatively stable during the quarter, and when combined with moderate growth and continued strong asset quality, it contributed to improved results compared to the second quarter." Year to date, net income reached $6.31 million , below last year by $1.27 million or 16.7%. The primary reason for the reduced income was a lower net interest margin compared to 2023, which led to a decline in year-over-year net interest income. Total assets increased
Show less
Read more
Impact Snapshot
Event Time:
KTHN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KTHN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KTHN alerts
High impacting KATAHDIN BANKSHARES CORP news events
Weekly update
A roundup of the hottest topics