In recent times, a large number of companies have come into focus owing to the announcement of their financial results. On Wednesday, it was Logansport Financial Corp. (OTC: LOGN), the holding company of Logansport Savings Bank, that came into focus after it announced its financial results for the three-month and twelve-month periods, both of which ended on December 31, 2024.
The Performance
In the three-month period, the company managed to bring in earnings to the tune of $445,000, and that was a significant improvement on the $295,000 that it had generated in the prior year period. In the fiscal year ended on December 31, 2024, the net earnings came in at $1,254,000, and that was a decline from the net earnings of $1,791,000 that had been reported in the previous fiscal year.
Further Information
The return on equity as of December 31, 2024, was 6.14%, but that was lower than the 8.65% as of December 31, 2023. The earnings per share in the year stood at $2.05, and that was a strong decline from the $2.93 that the company earned per share in the previous fiscal year. It remains to be seen if the stock gets any attention today or not.
