2023-04-21 03:17:24 ET
- InsCorp press release ( OTCQX:IBTN ): Q1 GAAP EPS of $0.71.
- Revenue of $6.56M (+20.6% Y/Y).
- Net interest margin of 3.44% was greater than that of the prior year same period of 3.06%, margin declined 30 basis points on a sequential quarter basis.
- As of March 31, InsCorp shares had a tangible book value of $22.35 per share, and a book value of $22.73 per share.
- The allowance for loan and lease losses was 1.42%, inclusive of a $0.5M CECL adoption adjustment in the first quarter.
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InsCorp GAAP EPS of $0.71, revenue of $6.56M