Century Next Financial Corporation reported a significant increase in net income and total assets for 2024.

From GlobeNewswire: 2025-01-24 18:14:38

Century Next Financial Corporation, the holding company of Century Next Bank, reported a significant increase in net income after tax of $12.14 million for the year ended December 31, 2024, compared to $6.75 million in 2023. Earnings per share also rose to $6.72 per basic and $6.69 per diluted share. Total assets increased to $869.4 million, with total deposits growing by $90.6 million. Nonperforming assets increased to $3.98 million, while the provision for credit losses was $420,000. The company’s efficiency ratio decreased to 57.45%, and return on average assets was 1.47%. For more information, visit www.cnext.bank.



Read more at GlobeNewswire: Century Next Financial Corporation Reports 2024 Year-End