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Bogota Financial Corp. Reports Q1 Loss
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Bogota Financial Corp., the parent company of Bogota Savings Bank, disclosed a net loss for the first quarter of 2024 attributed to reduced net interest income and higher income tax expense.
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How might Bogota Financial Corp. strategize to recover from its Q1 loss?
What factors led to the decrease in net interest income for the company?
What implications could this financial report have on Bogota Savings Bank and its customers?
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