Ledyard Financial Group Reports Q4 2023 and Full-Year 2023 Earnings and Declares Quarterly Dividend
Ledyard Financial Group, Inc. (“The Company”, ticker symbol: LFGP), the holding company for Ledyard National Bank, today announced financial results for Q4 2023 and Full-Year (FY) 2023.
- Ledyard Financial Group, Inc. (“The Company”, ticker symbol: LFGP), the holding company for Ledyard National Bank, today announced financial results for Q4 2023 and Full-Year (FY) 2023.
- Non-interest revenue for Q4 2023 amounted to $3.6 million, up from $3.5 million and $123 thousand in Q3 2023 and Q4 2022, respectively.
- Revenue from Ledyard Financial Advisors (LFA) amounted to $3.2 million for Q4 2023, essentially unchanged from Q3 2023, but up $184 thousand from $3.0 million in Q4 2022.
- Non-interest expense in Q4 2023 was $7.0 million compared to $7.1 million in Q3 2023 and in Q4 2022, a decrease of $60 thousand compared to both Q3 2023 and Q4 2022.