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-0.00165048543689315 -0.00165048543689315 -0.00165048543689315 0.00640776699029116 0.00640776699029116 0.00640776699029116 0.00640776699029116 0.00640776699029116
Stock impact report

ES Bancshares, Inc. Announces First Quarter 2024 Results; Reports Organic Deposit Inflows, Reduces Wholesale Funding

ES BANCSHARES INC (MD) (ESBS) 
NASDAQ:AMEX Investor Relations: bank34.com/investor-relations
Company Research Source: GlobeNewswire
STATEN ISLAND, N.Y., April 30, 2024 (GLOBE NEWSWIRE) -- ES Bancshares, Inc. (OTCQX: ESBS) (the “Company”) the holding company for Empire State Bank, (the “Bank”) today reported a net loss of $103 thousand, or $0.02 per diluted common share, for the quarter ended March 31, 2024 compared to net income of $84 thousand or $0.01 per diluted common share for the quarter ended December 31, 2023.               Key Quarterly Financial Data 2024 HighlightsPerformance Metrics1Q24  4Q23  1Q23  •Non-interest expenses decreased $295 thousand or 8% quarter over quarter.•Average deposits grew 3.4%, while the Company’s average loan balance remained stable quarter over quarter.• Net interest margin for the first quarter of 2.12% narrowed from 2.28% as increases to the rate Show less Read more
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