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Article: BV Financial, Inc. Announces Financial Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BV Financial, Inc. (OTCBB: BVFL), the holding company for Bay-Vanguard Federal Savings Bank, reported net income of $73,000, or $0.03 per diluted share, for the quarter ended September 30, 2009, compared to net income of $244,000, or $0.11 per diluted share, for the quarter ended September 30, 2008. The decreased earnings in fiscal 2009 were attributed largely to a decrease in net interest income and increases in non-interest expense, provision for loan losses and income taxes. Net interest income decreased mainly due to a decrease in the average balance of the loan portfolio of approximately $10.2 million and a decrease in the yield of the investment portfolio. ...
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Article: BV Financial declares cash dividend.
Global Banking News (GBN);
May 22, 2009 ;
396 words
...Global Banking News-22 May 2009-BV Financial declares cash dividend(C)2009 ENPublishing ... http://www.enpublishing.co.uk BV Financial Inc (OTCBB:BVFL) has said that its ... will waive receipt of the dividend. BV Financial Inc is the parent company of Bay-Vanguard ...
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