Brief: Townebank Reports Q1 EPS Of $0.36

TowneBank

27/04/2020 13:32

April 27 (Reuters) - Towne Bank  TOWN.O :
    * TOWNEBANK REPORTS FIRST QUARTER 2020 EARNINGS
    * Q1 EARNINGS PER SHARE $0.36
    * Q1 REVENUE $137.7 MILLION VERSUS REFINITIV IBES ESTIMATE
OF $140
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES
DATA
    * RECORDED QUARTERLY PROVISION FOR CREDIT LOSSES FOR
ON-BALANCE
SHEET LOANS OF $5.76 MILLION COMPARED TO $1.44 MILLION ONE YEAR
AGO
    * QTRLY NET INTEREST INCOME WAS $89.50 MILLION COMPARED TO
$87.47
MILLION AT MARCH 31, 2019

Source text for Eikon:  ID:nGNX977hfg 
Further company coverage:  TOWN.O 

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