Katahdin Bankshares Corp. Reports First Quarter 2024 Results [Yahoo! Finance]
KATAHDIN BANKSHARES CORP (KTHN)
NASDAQ:AMEX Investor Relations:
katahdintrust.com/shareholder-relations.aspx
Company Research
Source: Yahoo! Finance
community bank in Maine founded in 1918, has announced 2024 first-quarter earnings of $2.04 million , or per common share. Total assets for Katahdin Trust remained above $1 billion and strong asset quality continued. Although net income was down 18% from the same period in 2023, the Bank remains cautiously optimistic about the economic landscape and is well-positioned to navigate any challenges that may arise. "With a strong capital position, a talented team, and a clear strategic vision, we are confident in our ability to continue delivering value to our shareholders and stakeholders," stated Jon J. Prescott , Katahdin Trust President and Chief Executive Officer. For more information and to view a copy of the Bank's most recent quarterly financial report, visit KatahdinTrust.com/Shareholder-Relations. About Katahdin Bankshares Corp. Katahdin Bankshares Corp. is the bank holding company of Katahdin Trust Company. Founded in 1918, Katahdin Trust is a community bank based in Hou
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