The earnings call highlighted substantial growth in net income and loan interest income, alongside decreased operating expenses and strategic partnerships. However, these positives were offset by significant declines in overall revenue, deposit and onboarding revenue, and investment income, largely due to challenging market conditions. Despite improvements in certain financial metrics, the overall sentiment is balanced due to the mixed results.

Company Guidance -

Q2 2025

During Safe Harbor Financial's Q3 2024 earnings call, the company reported several key financial metrics, showcasing a significant turnaround. Net income increased by 147% year-over-year to $354,000, reversing a net loss of $748,000 from the previous year. Loan interest income saw substantial growth, rising by 48% for the quarter and 143.5% over the nine months, while operating expenses decreased by 13% and 66% for the respective periods. Despite a 19.6% drop in quarterly revenue to $3.5 million and a 26% decline in deposit activity revenue, Safe Harbor managed to enhance its cash flow and liquidity, ending the quarter with $5.9 million in cash and cash equivalents. The company remains focused on leveraging market growth opportunities, particularly in the expanding cannabis sector, while navigating challenges like decreased deposit activity and regulatory uncertainties. Looking forward, Safe Harbor anticipates full-year 2024 revenue to be in the range of $15 million to $15.5 million.

Significant Increase in Net Income

Net income increased 147% year-over-year to $354,000 compared to a net loss of $748,000 for the year ago period.

Growth in Loan Interest Income

Loan interest income increased 48% in the third quarter and 143.5% for the 9 months year-over-year.

Decreased Operating Expenses

Third quarter and 9 months 2024 operating expenses decreased by 13% and 66% year-over-year, respectively.

New Credit Facility for Cannabis Operator

Originated a new $1.07 million secured credit facility for a Missouri-based cannabis operator, part of a $5 million commitment.

Partnership with BIPOCann

New partnership with BIPOCann to aid social equity and minority entrepreneurs in the cannabis sector, offering benefits and discounts.

Cash Flow Improvement

Cash provided by operating activities through the third quarter of 2024 was $3.2 million compared to cash used in operating activities of $225,000 in the comparable prior year period.

SHF Holdings (SHFS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SHFS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 19, 2025	2025 (Q2)	- / -	0.02	―	―	―
May 19, 2025	2025 (Q1)	- / -	0.04	―	―	―
Apr 01, 2025	2024 (Q4)	- / -0.11	0.8	-114.12% (-0.91)	―	―
Nov 12, 2024	2024 (Q3)	- / 0.20	-0.4	150.00% (+0.60)	―
Aug 14, 2024	2024 (Q2)	- / 0.40	-7.61	105.26% (+8.01)	―
May 13, 2024	2024 (Q1)	- / -	-0.06	―	―
Apr 01, 2024	2023 (Q4)	- / 0.80	-1.2	166.67% (+2.00)	―
Nov 14, 2023	2023 (Q3)	- / -0.40	1.2	-133.33% (-1.60)	―
Aug 14, 2023	2023 (Q2)	- / -7.61	-0.123	-6086.99% (-7.49)	―
May 15, 2023	2023 (Q1)	- / -1.20	0.053	-2364.15% (-1.25)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SHFS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 19, 2025	$2.15	$2.08	-3.26%
Apr 01, 2025	$4.29	$4.19	-2.33%
Nov 12, 2024	$7.25	$7.10	-2.07%
Aug 14, 2024	$12.50	$12.60	+0.80%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does SHF Holdings (SHFS) report earnings?

SHF Holdings (SHFS) is schdueled to report earning on Aug 19, 2025, After Close (Confirmed).

What is SHF Holdings (SHFS) earnings time?

SHF Holdings (SHFS) earnings time is at Aug 19, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SHFS EPS forecast?

Currently, no data Available

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