FNCB Bancorp, Inc. Announces Fourth Quarter and Year to Date 2023 Earnings
FNCB Bancorp Inc. (FNCB)
NASDAQ:AMEX Investor Relations:
investors.fncb.com
Company Research
Source: GlobeNewswire
DUNMORE, Pa., Jan. 30, 2024 (GLOBE NEWSWIRE) -- FNCB Bancorp, Inc. (NASDAQ: FNCB; www.fncb.com), the parent company of Dunmore-based FNCB Bank (the “Bank” and collectively, “FNCB”) today reported net income of $13.0 million, or $0.66 per diluted shares, for 2023, compared to $20.4 million or $1.03 per diluted share, for 2022. The 36.5% reduction in net income was primarily due to a $6.1 million decrease in net interest income, which largely reflected higher deposit costs and greater utilization of wholesale funds. Also impacting year-to-date net income was a $1.3 million decrease in non-interest income and a $1.4 million increase in non-interest expense. These reductions to earnings were partially offset by a $1.4 million decrease in income tax expense. For the three months ended December 31, 2023, net income was $3.3 million, or $0.17 per diluted share, a decrease of $1.6 million, or 31.8%, compared to $4.9 million, or $0.24 per diluted share for the same three-month period of 2022
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FNCB
News
- FNCB Bancorp, Inc. Declares Second Quarter 2024 DividendGlobeNewswire
- Shareholders in FNCB Bancorp (NASDAQ:FNCB) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
- FNCB Bancorp, Inc. Announces Fourth Quarter and Year to Date 2023 Earnings [Yahoo! Finance]Yahoo! Finance
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates FNCB, PWFL, DOC, GRPHGlobeNewswire
FNCB
Sec Filings
- 4/24/24 - Form 8-K
- 3/22/24 - Form 8-K
- 3/19/24 - Form 4
- FNCB's page on the SEC website