DANVILLE, Va. (AP) _ American National Bankshares Inc. (AMNB) on Thursday reported fourth-quarter net income of $8.8 million.
The bank, based in Danville, Virginia, said it had earnings of 80 cents per share.
The bank holding company posted revenue of $28.7 million in the period. Its revenue net of interest expense was $26.4 million, exceeding Street forecasts.
For the year, the company reported profit of $30 million, or $2.73 per share. Revenue was reported as $100.7 million.
American National Bankshares shares have risen 6% since the beginning of the year. The stock has fallen 25% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMNB at https://www.zacks.com/ap/AMNB
Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News