Inforte Corp (INFT) Declares $0.07 Quarterly Dividend; 2.9% Yield
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Infinity Bancorp Announces 2023 Year End Financial Results and First Cash Dividend
February 5, 2024 6:32 AM ESTSANTA ANA, CA / ACCESSWIRE / February 5, 2024 / Infinity Bancorp (OTCQB: INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced financial results for the quarter ended, December 31, 2023.
Financial highlights for the fourth quarter of 2023 and subsequent event:
Total liquidity remains very high at $107 million, which equates to 35% of the Company's total assetsTotal loans increased $19.7 million from September 30, 2023 and increased $37.7 million year-over-year from 2022Net interest margin increased to 5.74% from 5.14% a year agoNet income increased to $3.9 million for the year ended... More