BANCORP 34 (OTCMKTS:BCTF) Announces Earnings Results

BANCORP 34 (OTCMKTS:BCTF) issued its earnings results on Thursday. The company reported $0.19 earnings per share for the quarter, Zacks reports. BANCORP 34 had a return on equity of 4.02% and a net margin of 11.76%.The business had revenue of $8.06 million for the quarter.

BANCORP 34 Stock Up 0.8%

Shares of BCTF stock traded up $0.11 during mid-day trading on Friday, reaching $13.89. The company’s stock had a trading volume of 926 shares, compared to its average volume of 4,475. BANCORP 34 has a 12-month low of $10.84 and a 12-month high of $14.50. The firm has a market capitalization of $94.73 million, a PE ratio of 15.78 and a beta of 0.19. The company’s 50 day simple moving average is $13.46 and its 200-day simple moving average is $13.10.

About BANCORP 34

Bancorp 34, Inc operates as the holding company for Bank 34 that offers various banking products and services to individuals and businesses in the United States. It accepts various deposit products, such as savings accounts, checking accounts, money market accounts, demand and time deposits, NOW accounts, and individual retirement accounts, as well as certificates of deposit. The company also provides term, working capital, construction, USDA, small business administration, equipment, assisted living and skilled nursing, renewable energy and solar equipment, and commercial real estate loans; and small to medium size business and business acquisitions financing; lines of credit; multi-family finance; and employee stock ownership plans, HOA lending, and investor pools of single family rentals.