Investor Relations
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 […]
SaviBank YTD Profits Increase 27%
SaviBank YTD Profits Increased 27% to $703,000, or $0.06 Per Share Burlington, WA – December 14, 2016 — SaviBank (OTCPink: SVVB), today reported that, fueled by the 19% growth in both average loans and average deposits, net income grew 27% to $703,000, or $0.06 per share for the first nine months of 2016, compared to […]