Morris State Bancshares Q4 profit rises as NIM improves
I'm PortAI, I can summarize articles.
Morris State Bancshares reported a Q4 profit increase, with net income rising from Q4 2024 despite a decrease from Q3. The bank declared a higher quarterly and special dividend and received regulatory approval for its merger with Vallant Financial, expected to complete by March 2026. The net interest margin improved to 4.48% in 2025, and asset quality remained strong with nonperforming assets at 0.28% of total loans. Q4 EPS was $0.60, with net income of $6.37 million and a net interest income of $17.72 million.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments