DNB Financial posts 4Q profit
DNB Financial posts profit of $2.3 million in fourth quarter
DOWNINGTOWN, Pa. (AP) _ DNB Financial Corp. (DNBF) on Tuesday reported fourth-quarter profit of $2.3 million.
The Downingtown, Pennsylvania-based bank said it had earnings of 55 cents per share. Earnings, adjusted for one-time gains and costs, were 48 cents per share.
The bank holding company posted revenue of $11.9 million in the period. Its adjusted revenue was $10.7 million.
For the year, the company reported profit of $5 million, or $1.55 per share. Revenue was reported as $30.6 million.
DNB Financial shares have increased slightly more than 1 percent since the beginning of the year. The stock has increased slightly in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DNBF at https://www.zacks.com/ap/DNBF
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Keywords: DNB Financial, Earnings Report
