logo
Juniata Valley Financial Corp. Reports Net Income of $1.73 Million for Q1 2023

Juniata Valley Financial Corp. Reports Net Income of $1.73 Million for Q1 2023

Revenue Rises as Juniata Valley Financial Corp. Generates $7.75 Million in Interest Income

By Newsinminutes
Published - Jul 24, 2023, 07:46 AM ET
Last Updated - Jul 24, 2023, 07:46 AM EDT

Juniata Valley Financial Corp.(JUVF) and its subsidiary have released their Consolidated Statements of Financial Condition for the first quarter ending March 31, 2023. The financial report reveals a positive performance, with net income reaching $1.73 million and revenue surging due to an impressive $7.75 million in interest income.

$1.73 Million Achieved in Q1 2023

During the first quarter of 2023, Juniata Valley Financial Corp. demonstrated strong financial performance, recording a net income of $1.73 million. This figure represents the company's earnings after accounting for all expenses, provisions, and taxes. Compared to the same period last year, the net income for Q1 2023 shows resilience and stability, showcasing the company's ability to navigate economic challenges and maintain profitability.

Interest Income of $7.75 Million in Q1 2023

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024