AMESBURY, Mass. (AP) _ Provident Bancorp Inc. (PVBC) on Friday reported net income of $2.7 million in its fourth quarter.
The Amesbury, Massachusetts-based bank said it had earnings of 16 cents per share.
The bank holding company posted revenue of $23 million in the period. Its revenue net of interest expense was $20.7 million, exceeding Street forecasts.
For the year, the company reported profit of $21.5 million, or $1.30 per share. Revenue was reported as $81.2 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PVBC at https://www.zacks.com/ap/PVBC
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News