Brief: FNCB Bancorp Q1 Earnings Per Share $0.10

FNCB Bancorp

27/04/2020 13:58

April 27 (Reuters) - FNCB Bancorp Inc  FNCB.O :
    * FNCB BANCORP, INC. ANNOUNCES FIRST QUARTER 2020 EARNINGS
    * Q1 EARNINGS PER SHARE $0.10
    * QTRLY NET INTEREST INCOME (FTE) INCREASED $0.2 MILLION, OR
2.5%
    * QTRLY SHARE $0.10
    * DECLINE IN Q1 2020 EARNINGS WAS PRIMARILY CAUSED BY A $1.3
MILLION INCREASE IN PROVISION FOR LOAN AND LEASE LOSSES DUE TO
COVID-19
    * SUSPENDED ALL REPOSSESSION AND FORECLOSURE ACTIVITY AND
HAVE
SUSPENDED CERTAIN DEPOSIT SERVICE CHARGES RELATED TO DEBIT CARD
USAGE
    * ANTICIPATE THE COVID-19 PANDEMIC WILL IMPACT OUR BUSINESS
IN
FUTURE PERIODS

Source text for Eikon:  ID:nGNX5P3XXB 
Further company coverage:  FNCB.O 

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