Latest News by Industry
LAKEVILLE, Conn. (AP) _ Salisbury Bancorp Inc. (SAL) on Wednesday reported net income of $4.1 million in its fourth quarter.
The bank, based in Lakeville, Connecticut, said it had earnings of 71 cents per share.
The bank holding company posted revenue of $16.8 million in the period. Its revenue net of interest expense was $14.6 million, which missed Street forecasts.
For the year, the company reported profit of $15.9 million, or $2.74 per share. Revenue was reported as $56.7 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SAL">Zacks stock report on SAL at https://www.zacks.com/ap/SAL