Freedom Financial (OTCMKTS:FDVA) Announces Quarterly Earnings Results

Freedom Financial (OTCMKTS:FDVA) posted its quarterly earnings results on Friday. The company reported $0.16 earnings per share for the quarter, Zacks reports. Freedom Financial had a return on equity of 1.95% and a net margin of 2.33%.

Freedom Financial Price Performance

Shares of FDVA opened at $10.25 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.87 and a debt-to-equity ratio of 1.02. The company’s fifty day simple moving average is $10.53 and its 200 day simple moving average is $10.47. Freedom Financial has a 1-year low of $9.66 and a 1-year high of $11.50. The company has a market cap of $74.52 million, a price-to-earnings ratio of 46.59 and a beta of 0.65.

Freedom Financial Company Profile

Freedom Financial Holdings, Inc operates as the bank holding company for The Freedom Bank of Virginia that provides commercial banking, personal banking, and mortgage banking solutions. The company offers personal and business checking accounts, interest bearing business savings accounts, money market accounts, personal savings accounts, certificates of deposits, and IRAs, as well as insured cash sweep and certificate of deposit account registry services.