Level One Bancorp (LEVL) Reports Q4 EPS of $0.85
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Level One Bancorp, Inc. reports fourth quarter 2021 net income of $7.1 million, representing $0.85 diluted earnings per common share
January 28, 2022 4:15 PM ESTFARMINGTON HILLS, Mich., Jan. 28, 2022 (GLOBE NEWSWIRE) -- Level One Bancorp, Inc. (Level One) (Nasdaq: LEVL) today reported its financial results for the fourth quarter of 2021, which included net income of $7.1 million, or $0.85 diluted earnings per common share. This compares to net income of $8.4 million, or $1.02 diluted earnings per common share, in the fourth quarter of 2020.
Patrick J. Fehring, Chief Executive Officer of Level One, commented, "We closed out 2021 with solid fourth quarter earnings of $7.1 million while generating record net income for 2021 of $32.5 million, a 59.10% increase over 2020 net income. During 2021 we provided over $234.3... More
