Apollo Bancorp, Inc. 2025 First Quarter Earnings
Contact: Nelson L. Person
President & CEO
Tel. (724) 478-6101
FOR IMMEDIATE RELEASE
Apollo, PA—April 9, 2025: Apollo Bancorp, Inc. (OTC Pink: APLO), the parent company of Apollo Trust Company, reported net income for the quarter ended March 31, 2025 of $459,000, or $0.89 per share, compared with first quarter 2024 earnings of $367,000, or $0.71 per share. Net interest income increased by $167,000 period over period due to higher loan income. Noninterest income increased $98,000 offset by a $128,000 increase in noninterest expense period over period. During the first quarter of 2025, annualized return on average assets (ROA) of 0.91% and annualized return on average equity (ROE) of 7.65% were reported. Total assets were $204 million at March 31, 2025.
Apollo Bancorp, Inc. common stock is traded Over-the-Counter on OTC Pink under the symbol APLO. Recent trades and current bid-ask prices may be viewed at www.otcmarkets.com
Apollo Trust Company operates six banking locations in the Alle-Kiski Valley and a loan office in the Fox Chapel area of Pittsburgh.
More information is available at the Company’s website: www.apollotrust.com