HANOVER, N.H.–(BUSINESS WIRE)–Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today announced financial results for Q1 2023 and declared a regular quarterly dividend. Highlights for Q1 2023: Net income of $1.49 million, up from $784 thousand in Q4. Cost of interest-bearing deposits of 0.40%, with deposit betas well below industry average. Advisory revenue of $3.1 million and assets under management of $1.75 billion, up 2% and 3% over Q4, resp My Business Wire News
