Grand River Commerce, Inc.

GNRV

US3864411091

Banks

Market Closed - OTC Markets Other stock markets 11:33:04 24/05/2024 pm IST			5-day change	1st Jan Change
2.86 ^USD	-1.38%		+0.35%	-16.62%

24/05	Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03/05	Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

May 03, 2024 at 11:44 am IST

Grand River Commerce, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net interest income was USD 12.33 million compared to USD 14.98 million a year ago. Net loss was USD 7.3 million compared to USD 2.17 million a year ago.

Basic loss per share from continuing operations was USD 0.17 compared to basic earnings per share from continuing operations of USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.16 compared to diluted earnings per share from continuing operations of USD 0.2 a year ago. Basic loss per share was USD 1.04 compared to USD 0.31 a year ago.

Diluted loss per share was USD 0.94 compared to USD 0.31 a year ago.

Latest news about Grand River Commerce, Inc.

Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	24/05	CI
Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	03/05	CI
Grand River Commerce, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2023	28/11	CI
Grand River Commerce, Inc. announced that it has received $7.65 million in funding	07/23/07	CI
Grand River Commerce, Inc. announced that it expects to receive $7.65 million in funding	01/23/01	CI
Grand River Commerce, Inc. Reports Earnings Results for the Half Year Ended June 30, 2023	17/23/17	CI
Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	10/23/10	CI
Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	14/23/14	CI
Grand River Commerce, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2022	21/22/21	CI
Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022	12/22/12	CI
Grand River Commerce, Inc. Reports Earnings Results for the Full Year Ended December 31, 2021	24/22/24	CI
Grand River Commerce, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2021	09/21/09	CI
Grand River Commerce, Inc. Reports Earnings Results for the Half Year Ended June 30, 2021	12/21/12	CI
Grand River Commerce, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021	22/21/22	CI
Grand River Commerce, Inc. cancelled the transaction announced on April 30, 2020	30/21/30	CI
Grand River Commerce, Inc. announced that it has received $8.25 million in funding	02/20/02	CI
Grand River Commerce, Inc. announced a financing transaction	30/20/30	CI
Grand River Commerce, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019	12/19/12	CI
Grand River Commerce, Inc. announced that it has received $14.4 million in funding	02/17/02	CI
Grand River Commerce, Inc. announced that it expects to receive funding	27/17/27	CI
Grand River Commerce, Inc. announced that it expects to receive $10.653786 million in funding.	30/13/30	CI
Grand River Commerce, Inc. and Grand River Bank Announce Board Changes	21/12/21	CI

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Company Profile

Grand River Commerce, Inc. is a holding company. The Company operates through its subsidiary, Grand River Bank (the Bank). The Bank is a full-service commercial bank, serving the communities of Grandville, Grand Rapids and the surrounding areas in Kent and Ottawa counties in Michigan, offering a range of commercial and consumer banking services to businesses, professionals, and residents. The Bankâs primary deposit products are interest and noninterest-bearing checking accounts, savings accounts and time deposits and its primary lending products are real estate mortgages, commercial and consumer loans. The majority of the Bankâs loan portfolio is comprised of commercial real estate and commercial and industrial loans. Grand River Mortgage Company, LLC (GRMC) is a wholly owned subsidiary of the Bank, which is a direct-to-consumer national mortgage lender that has built a digital platform designed to simplify the mortgage experience.

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