Saturday, March 1, 2025

WILSON BANK HOLDING CO Files SEC Form 10-K

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Wilson Bank Holding Company has announced its 2024 Form 10-K report, showcasing its strong financial performance and strategic growth despite ongoing economic challenges. The Tennessee-based bank holding company, which operates Wilson Bank and Trust, reported net interest income of $157.3 million, a notable increase of 13.19% from the previous year, alongside a 15.51% rise in net earnings to $56.53 million. Key highlights include diluted earnings per share of $4.78 and a stable return on average assets at 1.12%. Wilson Bank plans to expand its operations with a new full-service branch in Hamilton County and aims to acquire additional assets in Cookeville, signaling confidence in its market growth. Despite solid performance metrics, the company faces risks related to interest rates, credit, liquidity, and regulatory compliance, which may impact future operations.

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