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News  ›  Benzinga

Bank of Botetourt reports financial results for the third quarter

Benzinga Logo Benzinga By Prnewswire
Bank of Botetourt reports financial results for the third quarter

Bank of Botetourt reported strong third quarter financial performance, with net income of $2,882,000, representing a 46.52% increase compared to the same period last year. The bank saw growth in loans, maintained solid asset quality, and continued to serve communities across Virginia.

Insights
META   neutral

Listed as a key player with no specific strategic insights provided


BORT   positive

Increased net income by 46.52%, loan growth of 8.38%, maintained strong capital ratios, paid dividends, and demonstrated consistent performance across key financial metrics