The bank reported $0.77 GAAP EPS for Q1, driven by increased loan interest and lower credit loss provisions.
Jeffersonville Bancorp posted Q1 GAAP earnings per share of $0.77, reflecting a $564,000 increase in net income from the same period in 2025. The gain was fueled by a $495,000 rise in loan interest and fees, alongside a $222,000 increase in securities income.
Net income also benefited from a $239,000 reduction in the credit loss provision. The bank did not provide prior quarter or consensus estimates for comparison.
No immediate market reaction was disclosed in the release.