Muncy Bank Financial, Inc. Announces Earnings

Article Stock Quotes (1)

FREE Breaking News Alerts from StreetInsider.com!

StreetInsider.com Top Tickers, 9/12/2026

1. ORCL
2. ADBE
3. RH
4. SPY
5. CPRT

6. ACVA
7. SEDG
8. SPCX
9. TLT
10. PMTS

Get Alerts MYBF Hot Sheet

Price: $33.00 --0%

Dividend Yield: 4.6%

Join SI Premium – FREE

MUNCY, Pa.--(BUSINESS WIRE)-- Muncy Bank Financial, Inc., (OTC: MYBF), the parent company of The Muncy Bank and Trust Company (“Bank”), recently released the financial results for the three months ended March 31, 2019.

Financial Highlights

Financial highlights for Muncy Bank Financial, Inc. for the three months ended March 31, 2019 compared to 2018 include:

Dividend paid increased to $0.33/share compared to $0.32/share in 2018
Shareholders’ Equity increased 9% to $46,679,000
Total Deposits increased 12% to $412,921,000
Net Loans increased 7% to $369,081,000
Total Assets increased 10% to $471,784,000
Return on Average Assets was 1.01% compared to 1.09% in 2018
Return on Average Equity was 10.07% compared to 10.69% in 2018

Net income through March 31, 2019 was $1,161,000 or $0.80 per share, compared to $1,160,000 or $0.79 per share for the same period in 2018.

The Bank’s loan portfolio remained strong with an overall delinquency ratio of 1.02% of gross loans as of March 31, 2019, compared to 0.41% in 2018. The allowance for loan losses was $3,992,000 or 1.07% of gross loans at March 31, 2019, compared to $3,875,000 or 1.11% of gross loans in 2018. Total deposits increased to $412,921,000 at March 31, 2019, compared to $368,096,000 for the same period in 2018.

Muncy Bank Financial, Inc. increased dividends 3.1% to $0.33 per share at March 31, 2019 compared to $0.32 per share at March 31, 2018. The first quarter 2019 dividend represented the 334th consecutive dividend payout dating back to 1935. Muncy Bank Financial Inc. has increased its dividend payout since 1990.

About Muncy Bank Financial Inc.

Muncy Bank Financial, Inc. is the bank holding company for The Muncy Bank & Trust Company. The Muncy Bank & Trust Company serves customers through their retail banking, commercial banking, and financial services divisions. Muncy Bank offices are located in the communities of Muncy, Clarkstown, Hughesville, Montoursville, Dewart, Avis and Linden.