LINKBANCORP, Inc. Announces Fourth Quarter 2023 and Full Year 2023 Financial Results

January 29, 2024

https://www.prnewswire.com/news-releases/linkbancorp-inc-announces-fourth-quarter-2023-and-full-year-2023-financial-results-302047179.html

HARRISBURG, Pa., Jan. 29, 2024 /PRNewswire/ — LINKBANCORP, Inc. (NASDAQ: LNKB) (the “Company”), the parent company of LINKBANK (the “Bank”) reported financial results for the fourth quarter and year ended December 31, 2023 that were significantly impacted by one-time costs related to the merger with Partners Bancorp (“Partners”) that was successfully completed on November 30, 2023 (the “Merger”).  For the quarter ended December 31, 2023, the Company recognized a net loss of $13.2 million, or $0.57 per diluted share, and for the year ended December 31, 2023, the Company recognized a net loss of $12.2 million, or $0.68 per diluted share.

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