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- NasdaqCM:VBFC
Village Bank and Trust Financial Second Quarter 2024 Earnings: EPS: US$1.11 (vs US$0.83 in 2Q 2023)
Village Bank and Trust Financial (NASDAQ:VBFC) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$8.00m (up 8.9% from 2Q 2023).
- Net income: US$1.65m (up 33% from 2Q 2023).
- Profit margin: 21% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue.
- EPS: US$1.11 (up from US$0.83 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Village Bank and Trust Financial's share price is broadly unchanged from a week ago.
Risk Analysis
You still need to take note of risks, for example - Village Bank and Trust Financial has 5 warning signs (and 2 which can't be ignored) we think you should know about.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqCM:VBFC
Village Bank and Trust Financial
Primarily operates as the bank holding company for Village Bank that provides banking and related financial services to small and medium sized businesses, professionals, and individuals in the United States.
Flawless balance sheet with proven track record.