Investor Relations
SaviBank 2017 4th Quarter Results
SaviBank 2017 Pre-tax Profits Increase 94% to $2.28 Million from 2016; Loans Grow 21% and Deposits Increase 30% Year-Over-Year Burlington, WA – January 30, 2018 — SaviBank (OTC Pink: SVVB), today reported for 2017 pre-tax income almost doubled to $2.28 million, compared to $1.18 million in 2016. Net income in 2017 was $27,000, or $0.002 […]
SaviBank 2017 3rd Quarter Results
SaviBank YTD Profits Increased 95% to $1.4 Million from 2016 Period; Net Interest Margin Expanded to 4.46% with Strong Loan and Deposit Growth Burlington, WA – November 2, 2017 — SaviBank (OTC Pink: SVVB), today reported for the first nine months of 2017 net income almost doubled to $1.37 million, or $0.0802 per share, compared […]
SaviBank 2017 1st Quarter Results
SaviBank 1Q17 Profits More Than Double to $363,000 in 1Q17 YOY; Fueled by 30% Loan Growth and 17% Deposit Growth Burlington, WA – April 27, 2017 — SaviBank (OTCPink: SVVB), today reported first quarter 2017 profits more than doubled to $363,000, or $0.02 per share, driven by 30% loan growth and 17% deposit growth, yearover-year. […]
SaviBank Fourth Quarter and 2016 Results
SaviBank 2016 Pre-Tax Profits Increase 67% to $1.2 Million, or $0.10 Per Share Growing Profitability Generates Tax Benefit of $4.6 Million, or $0.39 Per Share Burlington, WA – January 24, 2017 — SaviBank (OTCPink: SVVB), today reported loans grew 31% and deposits grew 14% during the year, boosting profitability. Pre-tax net income grew 67% to […]