SHF (SHFS) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Safe Harbor Financial Reports Financial Results for Second Quarter and Six Months Ended June 30, 2024 —Net Income increased to $0.9 million in the second quarter of 2024 —Loan Interest Income increased 203.6% year-over-year —Excluding impairment expense in 2023, Operating Expenses decreased 34.5% versus 2023 —Cash and cash equivalents increased 25% to $6.1 million GOLDEN, Colo., August 14, 2024 — SHF Holdings, Inc., d/b/a/ Safe Harbor Financial ("Safe Harbor" or the "Company") (NASDAQ: SHFS), a ...