Finemark Holdings, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
January 20, 2021 at 03:26 am EST
Share
FineMark Holdings, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net interest income was USD 58.174 million compared to USD 46.044 million a year ago. Net income was USD 21.956 million compared to USD 15.207 million a year ago. Basic earnings per share was USD 2.46 compared to USD 1.72 a year ago. Diluted earnings per share was USD 2.42 compared to USD 1.69 a year ago.
FineMark Holdings, Inc. is the holding company of FineMark National Bank & Trust (the Bank), which is a chartered bank and trust company. It offers a range of financial services, including personal and business banking, lending services and asset management and trust services through its banking offices located in Lee, Collier and Palm Beach County, Florida, Maricopa County, Arizona, and Berkeley County, South Carolina. It also has a trust department which offers investment management, trust administration, estate planning and financial planning services. Its personal banking services include certificates of deposits, checking accounts, saving accounts, money market accounts, health savings accounts, and individual retirement accounts. Its business lending services include mixed-use building, multifamily residential, business working capital, equipment purchase and lines of credit and letters of credit. Its financial planning services include asset protection and educational planning.