Savi Financial Corporation Reports Second Quarter 2024 Results

MOUNT VERNON, Wash., July 30, 2024 (GLOBE NEWSWIRE) — Savi Financial Corporation, Inc. (OTC Pink: SVVB), the bank holding company for SaviBank, today announced a net loss of $5,000, or a loss of $0.00 per diluted share, for the second quarter of 2024, compared to a net loss of $416,000, or a loss of $0.09 per diluted share, in the first quarter of 2024. In the second quarter a year ago, the Company recorded net income of $561,000, or $0.13 per diluted share. In the first six months of 2024, the Company reported a net loss of $421,000, or a loss of $0.10 per diluted share, compared to net income of $1.03 million, or $0.23 per diluted share, in the first six months of 2023. All results are unaudited.

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