Eagle Financial Bancorp, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
January 30, 2024
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Eagle Financial Bancorp, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported net interest income was USD 1.2 million compared to USD 1.34 million a year ago. Net loss was USD 0.202 million compared to net income of USD 0.007 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.
For the full year, net interest income was USD 4.69 million compared to USD 4.69 million a year ago. Net loss was USD 0.112 million compared to net income of USD 0.452 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 0.36 a year ago. Diluted loss per share from continuing operations was USD 0.09 compared to diluted earnings per share from continuing operations of USD 0.35 a year ago.
Eagle Financial Bancorp, Inc. is the holding company for EAGLE.bank (the Bank). The Bank provides financial services primarily to individuals, families, and businesses through its main office and two branch offices located in Hamilton County, Ohio. The Bankâs loan portfolio includes residential mortgage loans, commercial real estate and land loans, home equity and other consumer, construction loans, residential mortgage loans, non-owner occupied, multi-family real estate loans, and commercial loans. Its deposit products include checking, savings, money market, certificates of deposit, and others. The Bankâs online solutions include online banking, bill payment, mobile banking, and others. The Bank also offers various deposit products and online banking solutions for businesses.