Ledyard Financial Group GAAP EPS of $0.52, revenue of $12.3M

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Ledyard Financial Group press release ( LFGP ): Q2 GAAP EPS of $0.52. Cash balances decreased $23.2 million, or 45.4%, from the prior quarter and $6.4 million, or 18.6%, compared to a year ago. The decrease compared to the prior quarter end was primarily due to

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Readyard Financial Group reported a GAAP EPS of $0.52 and revenue of $12.3 million. This earnings report caught investors' attention by demonstrating the regional banking sector's stable profit-generating capability. Market participants should closely monitor changes in net interest margins driven by future interest rate volatility.

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