Blue Hills Bancorp (BHBK) Reports Q1 EPS of $0.07

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Blue Hills Bancorp, Inc. Reports First Quarter Earnings

April 26, 2016 4:00 PM EDT

NORWOOD, Mass.--(BUSINESS WIRE)-- Blue Hills Bancorp, Inc. (the Company or "Blue Hills Bancorp") (NASDAQ: BHBK), the parent of Blue Hills Bank (the "Bank"), today announced net income of $1,667,000, or $0.07 per diluted share, for the first quarter of 2016 compared to net income of $2,412,000, or $0.09 per diluted share, for the fourth quarter of 2015 and net income of $1,306,000, or $0.05 per diluted share for the first quarter of 2015.

Commenting on the Company's results, William Parent, President and Chief Executive Officer of Blue Hills Bancorp, said "We are off to a good start in 2016... More