Security Federal Corporation reports Q4 net income down to $3.0 million, a 16.7% drop from last year.

Security Federal Corporation, which operates Security Federal Bank, reported a decrease in net income to $3.0 million for the quarter ending December 2024, compared to $3.6 million last year. The company's earnings per share were $0.94, with a net margin of 11.69% and a return on equity of 10.64%. Despite a flat share price at $29.00, net interest income rose by 7.8% to $11.3 million, driven by higher market interest rates and increased assets. The stock has a market cap of $92.51 million and a PE ratio of 9.86.

2 months ago
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