Guaranty Federal Bancshares (GFED) Reports Q2 EPS of $0.36

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Guaranty Federal Bancshares, Inc. Announces Preliminary Second Quarter 2017 Financial Results

July 19, 2017 9:01 AM EDT

SPRINGFIELD, Mo., July 19, 2017 (GLOBE NEWSWIRE) -- Guaranty Federal Bancshares, Inc., (NASDAQ: GFED), the holding company (the Company) for Guaranty Bank (the Bank), today announces the following preliminary results for the second quarter ended June 30, 2017. 

Second Quarter Highlights

Diluted earnings per share increased to $0.36 compared to $0.32 for the first quarter of 2017 (a 13% increase) and $0.28 for the second quarter of 2016 (a 29% increase).Return on average assets improved to .85% compared to .80% for the first quarter of 2017 and .75% for the second quarter of 2016.Return on average equity... More