Security Federal (OTCMKTS:SFDL) Reports Earnings Results

Security Federal (OTCMKTS:SFDL) released its earnings results on Friday, announcing earnings of $0.94 per share for the quarter, according to Zacks. The bank posted a net margin of 11.69% and achieved a return on equity of 10.64%, highlighting its financial performance during the period.

Stock Performance of Security Federal

During midday trading on Friday, Security Federal's shares remained steady at $29.00. Over the past year, the stock reached a low of $22.00 and a high of $30.23. The bank has a quick ratio of 0.65, a current ratio of 0.65, and a debt-to-equity ratio of 0.95. Additionally, Security Federal's market capitalization stands at $92.51 million, with a P/E ratio of 9.86 and a beta of 0.46. The stock has been following a 50-day moving average of $28.10 and a 200-day moving average of $26.91.

Overview of Security Federal

Security Federal Corporation serves as the bank holding company for Security Federal Bank, which offers a wide range of banking products and services. The bank provides various deposit options including savings and checking accounts, money market accounts, fixed interest rate certificates with different maturity lengths, and individual retirement accounts.

Investment Considerations

Before making any investment decisions regarding Security Federal, it's essential to consider current ratings and recommendations from financial analysts. While Security Federal holds a "Hold" rating among analysts, it's noted that other stocks may offer more potential at this time, according to insights from MarketBeat.

Earnings, Bank, Stocks