What's new? Log in Free sign up

IF Bancorp (IROQ)

Company Profile

Company profile

Ticker

IROQ

Exchange

Website

iroquoisfed.com

CEO

Mr. Walter H. Hasselbring III

Incorporated

Location

Fiscal year end

Sector

Finance and Insurance > Commercial Banking

Industry (SIC)

Savings Institution, Federally Chartered

Progress Energy • E Trade Financial • People's United Financial • BankUnited • TFS Financial • Umpqua • Eastern Bankshares • Capitol Federal Financial • Provident Financial Services • Brookline Bancorp ...

Former names

REO PLUS, INC.

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

IROQ stock data

1M 3M 6M 1Y

Latest filings (excl ownership)

View all

Announces Cash Dividend

Quarterly report

12 Feb 25

If Bancorp, Inc. Announces Results for Second Quarter

Announce Appointment of New Board Chair, Lead Independent Director and President

Quarterly report

12 Nov 24

If Bancorp, Inc. Announces Results for First Quarter

Annual report to shareholders

Definitive proxy

16 Oct 24

11 Sep 24

Results of Operations and Financial Condition

Latest ownership filings

View all

Iroquois Federal Savings & Loan Association Employee Stock Ownership Plan Trust

Iroquois Federal Foundation, Inc.

Annual report of employee stock purchases

STILWELL JOSEPH

MALTESE CAPITAL MANAGEMENT LLC

GENDELL JEFFREY L

THOMAS J CHAMBERLAIN

STILWELL JOSEPH

THOMAS J CHAMBERLAIN

MALTESE CAPITAL MANAGEMENT LLC

Financial summary

Financial statements Chart IROQ financial data

Quarter (USD)	Dec 24	Sep 24	Jun 24	Mar 24
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 24	Jun 23	Jun 22	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	5.91 mm	5.91 mm	5.91 mm	5.91 mm	5.91 mm	5.91 mm
Cash burn (monthly)	626.00 k	188.58 k	(no burn)	(no burn)	51.67 k	(no burn)
Cash used (since last report)	1.31 mm	394.36 k	n/a	n/a	108.04 k	n/a
Cash remaining	4.60 mm	5.51 mm	n/a	n/a	5.80 mm	n/a
Runway (months of cash)	7.3	29.2	n/a	n/a	112.2	n/a

Beta Read what these cash burn values mean

Financial data from IF Bancorp earnings reports.

Institutional ownership, Q3 2024

IROQ institutional ownership history Ownership history

29.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	8	5	+60.0%
Opened positions	4	1	+300.0%
Closed positions	1	12	-91.7%
Increased positions	0	1	EXIT
Reduced positions	2	2	–

13F shares	Current	Prev Q	Change
Total value	8.04 bn	1.36 bn	+490.5%
Total shares	971.90 k	336.15 k	+189.1%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Gendell Jeffrey L	319.18 k	$6.82 mm	NEW
Stilwell Value	262.05 k	$5.29 bn	NEW
Stilwell Joseph	252.31 k	$4.22 mm	0.0%
Oppenheimer & Close	44.35 k	$894.54 mm	0.0%
Vanguard	39.17 k	$763.09 mm	NEW
Geode Capital Management	21.58 k	$420.56 mm	-11.7%
BlackRock	19.40 k	$391.24 mm	NEW
Dimensional Fund Advisors	13.85 k	$269.86 mm	-7.8%
Proequities	0.00	$0.00

Largest transactions	Shares	Bought/sold	Change
Gendell Jeffrey L	319.18 k	+319.18 k	NEW
Stilwell Value	262.05 k	+262.05 k	NEW
Vanguard	39.17 k	+39.17 k	NEW
BlackRock	19.40 k	+19.40 k	NEW
Geode Capital Management	21.58 k	-2.87 k	-11.7%
Dimensional Fund Advisors	13.85 k	-1.17 k	-7.8%
Innealta Capital	0.00	-16.00	EXIT
Proequities	0.00	0.00
Stilwell Joseph	252.31 k	0.00	0.0%
Oppenheimer & Close	44.35 k	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IROQ insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
12 Nov 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	No	No	21	227	4.77 k	23,394
12 Nov 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	21	156	3.28 k	16,778
12 Nov 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	21	170	3.57 k	19,347
3 May 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	No	No	16.5	554	9.14 k	23,167
3 May 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	No	No	16.3	19	309.70	22,613
3 May 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	16.5	143	2.36 k	19,177
3 May 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	16.35	63	1.03 k	19,034
3 May 24	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	16.5	203	3.35 k	16,622
14 Nov 23	Chamberlain Thomas J	Common Stock	Buy	Acquire P	No	No	14.415	19	273.89	22,594
14 Nov 23	Chamberlain Thomas J	Common Stock	Buy	Acquire P	Yes	No	14.42	270	3.89 k	18,772

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

News

From Benzinga Pro

IF Bancorp Q2 EPS $0.38 Up From $0.06 YoY

IF Bancorp (NASDAQ:IROQ) reported quarterly earnings of $0.38 per share. This is a 533.33 percent increase over earnings of $0.06 per share from the same period last year.

Why INNOVATE Shares Are Trading Higher By Over 19%; Here Are 20 Stocks Moving Premarket

Stockholders Approve Stilwell Activist Investments Proposal To Sell IF Bancorp; Says 'If The Stockholder-Approved Proposal Does Not Lead To The Company's Prompt Sale, We Intend To Seek Board Representation At IROQ's 2025 Annual Meeting Of Stockholders'

Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company") (NASDAQ:IROQ), today issued the following statement in

Press releases

From Benzinga Pro

IF Bancorp, Inc. Announces Cash Dividend

IF Bancorp, Inc. (NASDAQ Capital: IROQ) (the "Company"), the holding company for Iroquois Federal Savings and Loan Association, today announced that its Board of Directors declared a cash dividend of $0.20 per common

IF Bancorp, Inc. Announces Results for Second Quarter of Fiscal Year 2025

IF Bancorp, Inc. (NASDAQ:IROQ) (the "Company") the holding company for Iroquois Federal Savings and Loan Association (the "Association"), announced unaudited net income of $1.2 million, or $0.38 per basic and diluted

STOCKHOLDERS APPROVE STILWELL'S PROPOSAL TO SELL IF BANCORP

NEW YORK, Dec. 3, 2024 /PRNewswire/ -- Stilwell Activist Investments, L.P. (together with its affiliates, "Stilwell"), one of the largest stockholders of IF Bancorp, Inc. ("IROQ" or the "Company")

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.