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IROQ

IF Bancorp, Inc.

IROQ

IF Bancorp, Inc. • NASDAQ
$26.07 ▲ 0.08% (+0.02)
Market Cap $84.49 M
52w High $26.50
52w Low $22.04
Dividend Yield 0.40%
P/E 16.29
Volume 262
Outstanding Shares 3.24M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $12.137M ▲ $5.366M ▲ $1.392M ▼ 11.469% ▼ $0.43 ▼ $2.063M ▲
Q4-2025 $11.96M ▲ $5.241M ▼ $1.441M ▲ 12.048% ▲ $0.45 ▲ $1.528M ▼
Q3-2025 $11.821M ▼ $5.271M ▲ $1.011M ▼ 8.553% ▼ $0.31 ▼ $1.546M ▼
Q2-2025 $12.267M ▼ $5.042M ▲ $1.219M ▲ 9.937% ▲ $0.38 ▲ $1.838M ▲
Q1-2025 $12.321M $4.996M $633K 5.138% $0.2 $1.005M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $4.966M ▼ $887.659M ▲ $805.822M ▲ $81.837M ▲
Q3-2025 $176.881M ▼ $879.141M ▼ $800.201M ▼ $78.94M ▲
Q2-2025 $188.573M ▼ $885.149M ▼ $809.21M ▼ $75.939M ▼
Q1-2025 $199.865M ▼ $893.425M ▲ $814.66M ▲ $78.765M ▲
Q4-2024 $200.296M $887.745M $813.829M $73.916M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $1.441M ▲ $2.919M ▲ $3.851M ▼ $4.45M ▲ $11.22M ▲ $2.844M ▲
Q3-2025 $1.011M ▼ $1.831M ▲ $11.428M ▲ $-10.293M ▼ $2.966M ▲ $1.807M ▲
Q2-2025 $1.219M ▲ $-155K ▼ $2.827M ▲ $-4.55M ▼ $-1.878M ▼ $-226K ▼
Q1-2025 $633K ▲ $2.166M ▲ $-4.043M ▼ $90K ▲ $-1.787M ▲ $2.094M ▲
Q4-2024 $431K $1.145M $11.44M $-19.074M $-6.489M $1.091M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Financial Service Other
Financial Service Other
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement The bank’s income statement shows slow but steady growth in its core revenue over the last several years, with no sign of major expansion or collapse. Profitability has been thin, especially in the most recent years, where net income sits close to breakeven despite reasonable operating results. Earlier years looked somewhat stronger, suggesting that rising costs, credit pressures, or margin compression have recently weighed on bottom-line results. The earnings-per-share figures move more than the net income trend would suggest, which hints at one‑off items, share count changes, or data quirks, so any conclusions about earnings quality should be made cautiously.

Balance Sheet

Balance Sheet The balance sheet looks relatively steady, with total assets moving in a narrow range and equity remaining broadly stable over time. Cash levels have come down from earlier peaks, meaning the immediate liquidity cushion is smaller than it once was, though still typical for a community bank model. Debt has crept up compared with prior years, but not in a way that suggests aggressive or risky leveraging by banking standards. Overall, the bank appears to be run with a conservative balance sheet, but it is not rapidly building excess capital or a large buffer for major expansion.

Cash Flow

Cash Flow Cash flow from operations closely tracks the modest net income profile, indicating that reported earnings are largely backed by cash, but at low absolute levels. Free cash flow has generally been slightly positive, helped by very light capital spending, which is common for a bank that does not have heavy physical or manufacturing needs. This pattern suggests the franchise can fund its day‑to‑day needs internally but may have limited surplus cash for large-scale strategic moves without tapping other sources. Any big transformation or growth push will likely depend more on balance sheet management and the merger rather than on internally generated cash alone.

Competitive Edge

Competitive Edge IF Bancorp has historically competed as a classic community bank: strong local relationships, personalized service, and deep knowledge of its regional markets. This provides a solid but narrow moat, especially against larger national banks that cannot easily replicate local trust. The planned merger with ServBanc introduces a new dimension: technology and mortgage‑servicing expertise that could enhance customer experience, improve efficiency, and broaden product offerings. At the same time, the bank will face integration risk, cultural alignment challenges, and the practical task of turning a fintech‑heavy strategy into tangible advantages in its traditional markets.

Innovation and R&D

Innovation and R&D On its own, IF Bancorp’s innovation has been incremental and in line with many community banks: standard online and mobile banking, business cash‑management tools, and digital card issuance. The real innovation story sits with ServBanc, whose leadership comes from a fintech and mortgage‑servicing background and brings data‑driven platforms and more advanced digital capabilities. If successfully integrated, this could move the combined bank from “basic digital” to a more sophisticated, analytics‑enabled financial services platform, especially in lending and servicing. The key uncertainty is execution—how quickly and smoothly these tools can be rolled out to customers while preserving the high‑touch community feel that defines the current franchise.

Summary

Overall, IF Bancorp looks like a steady but low‑growth community bank that is entering a major transition. Its recent financial performance is stable but not especially profitable, with a conservative balance sheet and modest cash generation. The upcoming merger with ServBanc is the central driver of its future story, potentially upgrading its technology, efficiency, and product set in a meaningful way. Success will depend on integration quality and the bank’s ability to convert fintech strengths into better customer service and more resilient earnings, without losing the local relationships that underpin its current position.

NEWS

November 5, 2025 · 5:30 PM UTC

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of IF Bancorp, Inc. (NASDAQ: IROQ)

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October 31, 2025 · 4:15 PM UTC

IF Bancorp, Inc. Announces Results for First Quarter of Fiscal Year 2026 (Unaudited)

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October 30, 2025 · 9:19 AM UTC

ServBanc Holdco, Inc. and IF Bancorp, Inc. Announce Agreement to Merge

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