JBT Bancorp Q3 EPS $1.40; Nine-Month Profit Jumps 45%, Dividend Raised Again
JBTC sits 71% above its 52-week low of $24.1.
Summary
JBT Bancorp earned $3.392M in Q3, or $1.40 per share, with nine-month EPS of $4.23 — up 45% from $2.92 a year ago. The bank also declared a $0.36 quarterly dividend, its fifth straight increase, a clear sign management expects the earnings run to hold. Profit growth came from higher net interest income and lower credit loss expense, both of which flatter results now but are sensitive to rate and credit conditions. The stock is trading near its 52-week high at $41.25, so the market has already priced in a good quarter — the dividend bump is the freshest piece of news here. Watch whether net interest margin holds and credit costs stay contained in the next quarter; no forward guidance was provided.
At the time of this announcement, JBTC was trading at $41.25 on OTC in the Finance sector, with a market capitalization of approximately $100.4M. The 52-week trading range was $24.10 to $41.54. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.