Merchants Bancshares (MBVT) Reports In-Line Q1 EPS
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Merchants Bancshares, Inc. Announces Dividend and First Quarter 2015 Results
April 27, 2015 4:01 PM EDTSOUTH BURLINGTON, Vt., April 27, 2015 /PRNewswire/ -- Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of $3.34 million, or $0.53 per basic and diluted share for the first quarter of 2015. This compares to net income of $3.40 million, or $0.54 per basic and diluted share for the first quarter of 2014. The return on average assets was 0.78% for the three months ended March 31, 2015, compared to 0.81% for the same period in 2014. The return on average equity was 10.56% for the three months ended March 31, 2015, compared to 11.31% for the same period in 2014. Merchants Bancshares' Board of Directors approved a... More
