Northway Financial, Inc. Announces Second Quarter Earnings and Declares Semi-Annual Dividend
NORTH CONWAY, N.H., July 26, 2024 (GLOBE NEWSWIRE) — Northway Financial, Inc. (the “Company”) (OTCQB:NWYF), the parent company of Northway Bank (the “Bank”), today reported net income for the quarter ended June 30, 2024 of $859 thousand, or $0.31 per basic common share, compared to $1.7 million, or $0.63 per basic common share for the quarter ended June 30, 2023. For the six months ended June 30, 2024, the Company reported net income of $2.4 million, or $0.86 per basic common share, compared to $3.1 million, or $1.13 per basic common share for the same period in 2023.