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Wilson Bank Holding Company Reports Net Earnings of $13.8 Million for the First Quarter of 2023

Wilson Bank Holding Company Reports Net Earnings of $13.8 Million for the First Quarter of 2023

Company's Revenue Increases, Reaching $48.9 Million in the First Quarter

By USInMinutes
Published - Jul 14, 2023, 08:55 AM ET
Last Updated - Jul 18, 2023, 03:03 PM EDT

Wilson Bank Holding Company,(WBHC) a leading financial institution, announced its financial results for the first quarter of 2023. The company reported a net income of $13.8 million, demonstrating solid performance and growth. Additionally, the company's revenue for the quarter reached $48.9 million, reflecting an increase compared to the same period last year. These results indicate the company's ability to navigate the challenging economic landscape and continue its growth trajectory.

Net Income 

Wilson Bank Holding Company Achieves Net Earnings of $13.8 Million in Q1 2023. During the first quarter of 2023, Wilson Bank Holding Company reported a net income of $13.8 million. This figure represents a substantial increase compared to the previous year, highlighting the company's financial strength and profitability. The growth in net income can be attributed to various factors, including increased interest income from loans and higher non-interest income generated from service charges on deposit accounts and brokerage activities.

Revenue

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