Business
Trinity Bank Reports 1st Quarter Earnings up 7.8%
Trinity Bank Reports 1st Quarter Earnings up 7.8%.
About this update from Trinity Bank, N.a
[{"type":"text","content":"\r\n\r\n \r\n \r\n Trinity Bank Reports 1st Quarter Earnings up 7.8%\r\n \r\n \r\n\r\n\r\nTrinity Bank Reports 1st Quarter Earnings up 7.8%\r\n\r\n\r\n\r\n\r\n\r\nFORT WORTH, TX / ACCESS Newswire / May 5, 2025 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the three months ending March 31, 2025.\r\n Results of Operations\r\n Trinity Bank, N.A. reported Net Income after Taxes of $2,209,000 or $1.94 per diluted common share for the first quarter of 2025, compared to $2,028,000 or $1.80 per diluted common share for the first quarter of 2024, an increase of 7.8%.\r\n CEO Matt R. Opitz remarked, \"We are pleased with the results of the 1 st Quarter. While loans remained flat, we have experienced an increase in requests for new loans as well as return on assets. This has been a mix of activity from existing customers as well as new customers to the bank. We have also experienced an increase in deposits which has continued into the 2 nd quarter.\r\n Although these results mark our single best quarter since inception, we are aware of and focused on the economic volatility which is being driven primarily by the current tariff war and continued unrest stemming from the Russia and Ukraine war. As always, we remain focused on asset quality, liquidity, and conservative underwriting practices.\"\r\n \"With the additions of Chief Lending Officer, Steve Lombardi and Chief Operating Officer, Todd Crookshank, we are already experiencing the sizable benefits of their contributions. We are excited about the roles they will play in Trinity Bank moving forward.\"\r\n Trinity announced its 27 th consecutive increase in its semiannual dividend. The dividend was paid this last week to shareholders. The April 2025 dividend of $0.95 per share represents an increase of 8% over the April 2024 dividend of $0.88 per share.\"https://app.accessnewswire.com/imagelibrary/c725e363-dd77-4e7b-8689-3386078953b4/1023807/trinityb-image-1-05052025.png \r\n \r\n \r\n \r\n https://app.accessnewswire.com/imagelibrary/8c61bb3c-56ed-4a17-a92b-382985da1242/1023807/trinityb-image-2-05052025.png \r\n \r\n \r\n \r\n \r\n Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement or for monthly updates on deposit rates and liquidity position visit Trinity Bank's website: www.trinitybk.com. Regulatory repor...