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Codorus Valley: Q1 Earnings Snapshot

By AP News - Apr 25, 2024, 04:58 PM ET
Last Updated - May 27, 2024, 01:06 AM EDT
Codorus Valley: Q1 Earnings Snapshot

YORK, Pa. (AP) — YORK, Pa. (AP) — Codorus Valley Bancorp Inc. (CVLY) on Thursday reported net income of $4.3 million in its first quarter.

The York, Pennsylvania-based bank said it had earnings of 44 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 45 cents per share.

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The bank posted revenue of $34 million in the period. Its revenue net of interest expense was $21.8 million, which topped Street forecasts.

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