Federal Home Loan Bank Of Boston (FHLBBO)
| Sector • Financial Industry • Miscellaneous Financial Services |
| Industry • Miscellaneous Financial Services |
| Sector • Financial |
Healthy conduct by the company amid the fiscal first quarter of 2022
company delivered first quarter of 2022 operating surplus of $30.935 million
Published 2022-05-13T20:10:35+00:00
Goran Soko / CSIMarket.com Contributer
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For the financial time-frame closing March 31 2022 company reached zero gain of $0.00 per share compare to $0.00 a year before and from $0.00 per share from the previous reporting period. The revenue jumped by 31.248 % to $60.01 million from $45.72 million in the comparable reporting period a year before and sequentially revenue improved by 22.841 % from $48.85 million.
Net profits of $27.835 million in the financial time-frame closing March 31 2022 increased by 33.28 % from net earnings of $20.885 million reported in the financial time-frame closing March 31 2022 a year ago. Although operating margin fell to 51.55%, in the financial time-frame closing March 31 2022, the Federal Home Loan Bank Of Bostons' net margin actually improved to 46.39%.
Operating earnings, fell -42.3% to $30.935 million, squeezing Federal Home Loan Bank Of Boston's operating margin to 51.55%, from 117.25% in the first quarter of 2021.