Mid-Southern Bancorp, Inc. Reports Results of Operations for the Third Quarter of 2019
MID-SOUTHERN BANCORP INC (MSVB)
NASDAQ:AMEX Investor Relations:
mid-southern.com
Company Research
Source: GlobeNewswire
SALEM, Ind., Oct. 22, 2019 (GLOBE NEWSWIRE) -- Mid-Southern Bancorp, Inc. (the “Company”) (NASDAQ: MSVB), the holding company for Mid-Southern Savings Bank, FSB (the “Bank”), reported net income for the third quarter ended September 30, 2019 of $105,000 or $0.03 per diluted share compared to $276,000 or $0.08 per diluted share for the same period in 2018. For the nine months ended September 30, 2019, the Company reported net income of $764,000 or $0.23 per diluted share compared to net income of $893,000 or $0.26 per diluted share for the same period in 2018. On July 11, 2018, the Company completed the “second-step” conversion of Mid-Southern, M.H.C. and the Company’s related stock offering with the issuance of 2,559,871 shares of common stock at a price of $10.00 per share for net proceeds of approximately $24.6 million. The shares began trading on the Nasdaq Capital Market on Thursday, July 12, 2018, under the ticker symbol “MSVB.” Accordingly, the reported results and financi
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