IROQ Net Interest Income from 2010 to 2024

IROQ Stock  USD 23.30  1.26  5.72%   
IF Bancorp Net Interest Income yearly trend continues to be relatively stable with very little volatility. Net Interest Income is likely to grow to about 20.4 M this year. Net Interest Income is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. View All Fundamentals
 
Net Interest Income  
First Reported
2019-03-31
Previous Quarter
4.4 M
Current Value
4.7 M
Quarterly Volatility
581.8 K
 
Covid
Check IF Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IF Bancorp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 540 K, Interest Expense of 24.4 M or Selling General Administrative of 11.4 M, as well as many indicators such as Price To Sales Ratio of 3.41, Dividend Yield of 0.0257 or PTB Ratio of 1.0. IROQ financial statements analysis is a perfect complement when working with IF Bancorp Valuation or Volatility modules.
  
Check out the analysis of IF Bancorp Correlation against competitors.
To learn how to invest in IROQ Stock, please use our How to Invest in IF Bancorp guide.

Latest IF Bancorp's Net Interest Income Growth Pattern

Below is the plot of the Net Interest Income of IF Bancorp over the last few years. It is the difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities. IF Bancorp's Net Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IF Bancorp's overall financial position and show how it may be relating to other accounts over time.
Net Interest Income10 Years Trend
Slightly volatile
   Net Interest Income   
       Timeline  

IROQ Net Interest Income Regression Statistics

Arithmetic Mean17,904,142
Geometric Mean17,773,855
Coefficient Of Variation12.81
Mean Deviation1,805,123
Median17,409,000
Standard Deviation2,293,281
Sample Variance5.3T
Range6.6M
R-Value0.82
Mean Square Error1.9T
R-Squared0.67
Significance0.0002
Slope418,553
Total Sum of Squares73.6T

IROQ Net Interest Income History

202420.4 M
202317.4 M
202222 M
202122.3 M
202020.2 M
201918.2 M
201817.7 M

About IF Bancorp Financial Statements

IF Bancorp shareholders use historical fundamental indicators, such as Net Interest Income, to determine how well the company is positioned to perform in the future. Although IF Bancorp investors may analyze each financial statement separately, they are all interrelated. The changes in IF Bancorp's assets and liabilities, for example, are also reflected in the revenues and expenses on on IF Bancorp's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Interest Income17.4 M20.4 M

Pair Trading with IF Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if IF Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in IF Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with IROQ Stock

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Moving against IROQ Stock

  0.86TFC-PR Truist FinancialPairCorr
  0.85TFC-PO Truist FinancialPairCorr
  0.84CFG-PE Citizens FinancialPairCorr
  0.64WF Woori Financial GroupPairCorr
  0.54NU Nu HoldingsPairCorr
The ability to find closely correlated positions to IF Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace IF Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back IF Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling IF Bancorp to buy it.
The correlation of IF Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as IF Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if IF Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for IF Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for IROQ Stock Analysis

When running IF Bancorp's price analysis, check to measure IF Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IF Bancorp is operating at the current time. Most of IF Bancorp's value examination focuses on studying past and present price action to predict the probability of IF Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IF Bancorp's price. Additionally, you may evaluate how the addition of IF Bancorp to your portfolios can decrease your overall portfolio volatility.