Source: GlobalNewswire

Press Release: The Victory Bank : The Victory Bank Announces 2nd Quarter Earnings

LIMERICK, Pa., July 18, 2019 (GLOBE NEWSWIRE) -- The Victory Bancorp, Inc. (OTCQX:VTYB) announced unaudited results for the quarter ended June 30, 2019. Highlights include an earnings increase of 13.9% over the quarter ended June 30, 2018 and asset growth of $27.4 million and a 12.8% increase in stockholder's equity when comparing June 30, 2019 and June 30, 2018. Net income increased $61 thousand to $499 thousand, or approximately 26 cents per common share for the quarter ended June 30, 2019 as compared to $438 thousand for the quarter ended June 30, 2018. Book Value per share increased from $9.28 to $9.53 during the quarter ended June 30, 2019. Year to date results included net income of $1 million and an increase in book value per share from $9.04 to $9.53 for the six months ended June 30, 2019.

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Chairman & CEO

Joseph W Major

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The Victory commercializes and distributes banking products and solutions to businesses and individuals. Read more