Brief: American National Bankshares Reports Q4 Earnings Per Share Of $0.67

American National Bankshares

23/01/2020 12:55

Jan 23 (Reuters) - American National Bankshares Inc
 AMNB.O :
    * AMERICAN NATIONAL BANKSHARES REPORTS FOURTH QUARTER
EARNINGS
    * Q4 EARNINGS PER SHARE $0.67
    * Q4 EARNINGS PER SHARE ESTIMATE $0.76 -- REFINITIV IBES
DATA
    * NET INTEREST INCOME FOR Q4 WAS $20.4 MILLION, A DECREASE
OF
$174,000 OR 0.8% FROM PRIOR QUARTER
    * NET INTEREST MARGIN WAS 3.62% FOR QUARTER, DOWN FROM 3.75%
IN Q3
OF 2019
    * MARGIN COMPRESSION CONTINUES TO BE A CHALLENGE IN THIS LOW
RATE
ENVIRONMENT
    * AMERICAN NATIONAL BANKSHARES - INCURRED SOME ADDITIONAL
MERGER
RELATED EXPENSES ASSOCIATED WITH COMPLETING HOMETOWN ACQUISITION
DURING QUARTER

Source text for Eikon:  ID:nGNX7PhVqD 
Further company coverage:  AMNB.O 

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