Avenue Financial (AVNU) Tops Q2 EPS by 2c

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Avenue Financial Holdings, Inc. Announces Record Second Quarter Results

July 23, 2015 4:47 PM EDT

Second Quarter Net Income Up 33.6% to $1.6 Million

Loans Up 16.7% to a Record $800 Million

NASHVILLE, Tenn., July 23, 2015 (GLOBE NEWSWIRE) -- Avenue Financial Holdings, Inc. (NASDAQ: AVNU) ("Avenue Financial" or "the Company") announced record results for the second quarter ended June 30, 2015. Net income available to common stockholders rose 33.6% to $1.59 million compared with $1.19 million for the second quarter of 2014. Net income per diluted share increased 14.3% to $0.16 in the second quarter of 2015 compared with $0.14 in the second quarter of 2014. Total loans, including loans held for... More