INSBANK Parent InsCorp Reports First Quarter Results and Declares Quarterly Cash Dividend

May 7, 2024

NASHVILLE, Tenn., May 7, 2024 /PRNewswire/ — InsCorp (OTCQX: IBTN) reported a net profit of $1,763,000, or $0.61 per share, in the first quarter of 2024 compared to $2,267,000, or $0.79 per share, in the fourth quarter of 2023 and respective levels of $2,050,000 and $0.71 for the first quarter of 2023. InsCorp generated a ROA of 1.06% and ROE of 9.5% in the first quarter of 2024 compared to 1.28% and 11.1%, respectively, in the first quarter of 2023.

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