Standard AVB Financial Corp. Announces Third Quarter Earnings and a Quarterly Dividend Payment
STANDARD AVB FINANCIAL CORP COMMON (STND)
US:NASDAQ Investor Relations:
standardbankpa.com/sfc-investor-relations
Company Research
Source: GlobeNewswire
MONROEVILLE, Pa., Oct. 24, 2019 (GLOBE NEWSWIRE) -- Standard AVB Financial Corp. (the “Company”) - (NASDAQ: STND), the holding company for Standard Bank, PaSB, announced earnings for the quarter ended September 30, 2019 of $2.5 million, or $0.54 per basic share, compared to $2.4 million, or $0.51 per basic share, for the quarter ended September 30, 2018. The Company’s annualized return on average assets and average equity was 0.99% and 6.93%, respectively, for the quarter ended September 30, 2019 compared to 0.97% and 6.99%, respectively, for the quarter ended September 30, 2018. For the nine months ended September 30, 2019, net income was $6.7 million, or $1.45 per basic share, compared to $7.0 million, or $1.52 per basic share for the nine months ended September 30, 2018. The Company’s annualized return on average assets and average equity was 0.92% and 6.43%, respectively, for the nine months ended September 30, 2019 compared to 0.96% and 7.02%, respectively, for the nine mont
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