Sound Financial Bancorp(SFBC) - 2024 Q4 - Annual Results

Sound Financial Bancorp, Inc. Q4 2024 Results Comments from the President and Chief Executive Officer "The Bank ended the year with many positives, including a 15-basis-point increase in net interest margin compared to the third quarter of 2024. This was largely due to our significant progress in reducing deposit costs, which fell by 16 basis points," remarked Laurie Stewart, President and Chief Executive Officer. "Additionally, nonperforming loans decreased by 11.8% from the third quarter, and for the firs ...