IF Bancorp: Fiscal 1Q Earnings Snapshot

IF Bancorp: Fiscal 1Q Earnings Snapshot

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WATSEKA, Ill. (AP) _ IF Bancorp Inc. (IROQ) on Tuesday reported net income of $934,000 in its fiscal first quarter.

The bank, based in Watseka, Illinois, said it had earnings of 25 cents per share.

The savings and loan holding company posted revenue of $7.7 million in the period. Its revenue net of interest expense was $5.7 million, which beat Street forecasts.

IF Bancorp shares have increased almost 8 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $21.20, an increase of 10 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IROQ at https://www.zacks.com/ap/IROQ

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