Olympia Financial (TSE:OLY) has released an update.
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Olympia Financial Group Inc. reported a 3% increase in total net earnings for the first nine months of 2024, reaching $17.91 million, driven by higher trust income despite a decline in service revenue due to reduced trading volumes. The company’s earnings per share also rose by 3% to $7.44. While overall revenue saw a slight uptick, administrative expenses grew due to increased computer licensing and wages.
For further insights into TSE:OLY stock, check out TipRanks’ Stock Analysis page.
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