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Security Federal Corporation  (SFDL)
    Sector  Financial    Industry Regional Banks
   Industry Regional Banks
   Sector  Financial
 

Excellent performance by the company over the most recent fiscal period

company recorded fourth quarter of 2022 operating income of $4.190835 million


Published Mar 25 2023
Goran Soko / CSIMarket.com Contributer


bank_interior_By_John_Bradley_(Own_work)_[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_Commons Shifting our regard to the Dec 31 2022 report bottom-line jumped by 62.16 % to $1.01 per share, followed by Revenue increase of 14.164 % to $13.11 million, compared with the prior year period.

From the previous quarter, income improved by 2.14 % from $0.99 per share and revenue advanced by 6.115 % from $12.36 million.


Earnings of $3.289 million in the fourth quarter of 2022 increased by 62.16 % from net earnings of $2.028 million reported in the fourth quarter of 2022 a year ago. Security Federal Corporation also emphasized it's improving profit margins, where net margin rose to 25.08% in fourth quarter of 2022, and operating margin edged up to 31.96%.
Operating earnings, however, rose 64.68% to $4.190835 million. Looking further into SFDLs' reports for the fiscal year 2022, company declared revenue of $47.16 million and bottom-line of $10.23 million.

Regional Banks company voiced also, that bottom-line deteriorated by -20.1 % to $3.14 per share from $3.93 in the previous fiscal year , told as well, that Revenue decreased by -2.42 % from $48.33 million a year prior.

Security Federal Corporation is expected to report next financial earnings on May 15, 2023.



Security Federal's Net Income Growth

Security Federal's ROA



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