FFD Financial (OTCMKTS:FFDF) Posts Quarterly Earnings Results

Key Points

• FFD Financial reported earnings of $1.18 per share for the quarter, with a net margin of 26.16% and return on equity of 17.71%.
• The company declared a dividend of $0.305 per share, resulting in a yield of 3.34%, with the payment date set for August 15.
• FFD Financial's stock opened at $36.50, with a 52-week range between $26.51 and $37.50, and a current market capitalization of $105.81 million.

FFD Financial (OTCMKTS:FFDF - Get Free Report) issued its quarterly earnings results on Friday. The bank reported $1.18 EPS for the quarter, Zacks reports. The firm had revenue of $8.49 million for the quarter. FFD Financial had a net margin of 26.38% and a return on equity of 17.87%.

FFD Financial Stock Performance

Shares of OTCMKTS:FFDF remained flat at $36.50 on Wednesday. The company's fifty day simple moving average is $35.14 and its two-hundred day simple moving average is $34.40. FFD Financial has a one year low of $26.51 and a one year high of $37.50. The stock has a market capitalization of $105.85 million, a PE ratio of 8.53 and a beta of 0.33.

FFD Financial Announces Dividend

The business also recently declared a dividend, which will be paid on Friday, August 15th. Investors of record on Monday, August 4th will be paid a $0.305 dividend. The ex-dividend date is Friday, August 1st. This represents a yield of 3.34%. FFD Financial's dividend payout ratio (DPR) is currently 28.50%.

About FFD Financial

FFD Financial Corporation operates as the bank holding company for First Federal Community Bank, National Association that provides various banking products and services. The company accepts checking and savings accounts. Its loan products include auto, boat, personal, term, commercial real estate, equipment, and home mortgage loans; and home equity and business lines of credit.