Savi Financial Corporation Earns $468,000 in the First Quarter of 2023; Highlighted by Strong Loan and Deposit Growth
MOUNT VERNON, Wash., April 27, 2023 (GLOBE NEWSWIRE) — Savi Financial Corporation, Inc. (OTC Pink: SVVB), the bank holding company for SaviBank, today reported net income of $468,000, or $0.11 per diluted share, for the first quarter of 2023, compared to $1.09 million, or $0.25 per diluted share, in the preceding quarter and $964,000, or $0.22 per diluted share, in the first quarter of 2022. Results for the current quarter were driven by strong loan and deposit growth. All results are unaudited.
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