LINKBANCORP, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 29, 2024 at 04:36 pm EDT
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LINKBANCORP, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported net interest income was USD 24.88 million compared to USD 7.95 million a year ago. Net income was USD 5.73 million compared to net loss of USD 1.55 million a year ago.
Basic earnings per share from continuing operations was USD 0.15 compared to basic loss per share from continuing operations of USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to diluted loss per share from continuing operations of USD 0.1 a year ago.
LINKBANCORP, Inc. is a bank holding company, which operates LINKBANK (the Bank). LINKBANK is a Pennsylvania-chartered, non-Federal Reserve member bank. The Bank is a full-service commercial bank providing personal and business lending and deposit services to individuals, families, nonprofits, and business clients throughout Central and Southeastern Pennsylvania, primarily through its digital presence on the Internet and ten client solutions centers in Chester, Cumberland, Dauphin, Lancaster, Northumberland, and Schuylkill counties, and loan production offices in Chester and York Counties. It provides traditional lending, deposit gathering and cash services to retail customers, small businesses, and non-profit organizations. Its lending activity consists of commercial real estate loans, commercial business loans and to a lesser extent, commercial real estate construction and land development loans, residential real estate loans, home equity loans, consumer loans and agriculture loans.
LINKBANCORP, INC. 
