Royal Financial, Inc. Announces Third Quarter and Year to Date Earnings for Fiscal Year 2019
Royal Financial, Inc. (the “Company”) (OTCQX: $RYFL), incorporated under the laws of Delaware on March 15, 2004, for the purpose of serving as the holding company of Royal Savings Bank (the “Bank”), announced earnings for the third quarter of fiscal year 2019.
The Company reported net income of $857,000, or $0.34 per common share, for the quarter and $2.8 million or $1.11 per common share, for the nine-month year-to-date (“YTD”) period, respectively, ended March 31, 2019.
The Company also reported total assets of $407.3 million and stockholders’ equity of $38.3 million as of March 31, 2019. As of the same date, the Company’s book value per share was $15.06 and tangible book value per share was $14.03.