Pulaski Financial’s 4Q Profit Up 53 Percent

Photo courtesy of St. Louis Post-Dispatch

With its fourth quarter and full-year profit up, Pulaski Financial said it may add new mortgage offices in the Midwest and loan production officers.

Creve Coeur-based Pulaski Financial, the parent company of Pulaski Bank, reported a $2.5 million profit for the fourth quarter that ended Sept. 30, or 23 cents a share, up from a $1.7 million profit, or 15 cents a share, a year ago.

Pulaski Financial’s non-performing assets decreased 5 percent in the fourth quarter, representing the seventh consecutive quarterly decline. Net interest income increased to $11.4 million in the fourth quarter, up from $11.3 million a year ago. Read more on St. Louis Post-Dispatch.

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