ASB Bancorp (ASBB) Reports Q3 EPS of $0.48

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Go back to ASB Bancorp (ASBB) Reports Q3 EPS of $0.48

ASB Bancorp, Inc. Reports Financial Results For The Third Quarter And Nine Months Ended September 30, 2016

October 28, 2016 8:15 AM EDT

ASHEVILLE, N.C., Oct. 28, 2016 /PRNewswire/ -- ASB Bancorp, Inc. (the "Company") (NASDAQ GM: ASBB), the holding company for Asheville Savings Bank, S.S.B. (the "Bank"), announced today its unaudited preliminary operating results for the three- and nine-month periods ended September 30, 2016. The Company reported net income of $1.7 million, or $0.48 per diluted common share, for the quarter ended September 30, 2016 compared to net income of $1.1 million, or $0.28 per diluted common share, for the same quarter of 2015. For the nine months ended September 30, 2016, the Company reported net income of $4.5 million compared... More