WALDORF, Md. (AP) — WALDORF, Md. (AP) — The Community Financial Corp. (TCFC) on Tuesday reported net income of $7.3 million in its first quarter.
The bank, based in Waldorf, Maryland, said it had earnings of $1.30 per share. Earnings, adjusted for non-recurring costs, came to $1.34 per share.
The holding company for Community Bank of the Chesapeake posted revenue of $28.7 million in the period. Its revenue net of interest expense was $20.5 million, beating Street forecasts.
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