ECB Bancorp First Quarter 2024 Earnings: EPS: US$0.075 (vs US$0.11 in 1Q 2023)

ECB Bancorp (NASDAQ:ECBK) First Quarter 2024 Results

Key Financial Results

• Revenue: US$6.06m (up 6.1% from 1Q 2023).
• Net income: US$621.0k (down 31% from 1Q 2023).
• Profit margin: 10% (down from 16% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.075 (down from US$0.11 in 1Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ECB Bancorp's share price is broadly unchanged from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with ECB Bancorp.

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