Olympia Financial (TSE:OLY) has released an update.
Olympia Financial Group Inc. reported a 3% increase in total net earnings for the first nine months of 2024, reaching $17.91 million, driven by higher trust income despite a decline in service revenue due to reduced trading volumes. The company’s earnings per share also rose by 3% to $7.44. While overall revenue saw a slight uptick, administrative expenses grew due to increased computer licensing and wages.
For further insights into TSE:OLY stock, check out TipRanks’ Stock Analysis page.
Trending Articles
- Deutsche Bank Pounds the Table on Tesla Stock
- ‘Breath of Fresh Air,’ Says Daniel Ives About Rivian Stock
- ‘It’s Not Too Late to Load Up,’ Says Analyst About Nvidia Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
