Morris State Bancshares, Inc (MBLU) Declares $0.44 Quarterly Dividend; 2.3% Yield
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Morris State Bancshares Announces Quarterly Earnings and Declares Fourth Quarter Dividend
October 25, 2023 9:08 AM EDTDUBLIN, Ga., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the Company), the parent of Morris Bank, today announced net income of $4.5 million for the quarter ending September 30, 2023, representing a decrease of $315 thousand, or 6.55%, compared to net income of $4.8 million for the quarter ended June 30, 2023. The Company also announced diluted earnings per share of $2.12 for quarter, representing a 0.15% decrease from diluted earnings per share of $2.27 for the prior quarter. Net earnings for the third quarter were driven by the banks lower provisioning for income taxes due to the... More
