American National Bankshares: 2Q Earnings Snapshot
DANVILLE, Va. (AP) _ American National Bankshares Inc. (AMNB) on Thursday reported a second-quarter loss of $1.2 million, after reporting a profit in the same period a year earlier.
The Danville, Virginia-based bank said it had a loss of 11 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 87 cents per share.
The bank holding company posted revenue of $28.9 million in the period. Its revenue net of interest expense was $24.7 million, topping Street forecasts.
American National Bankshares shares have climbed 26% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $36.86, a drop of 7.5% in the last 12 months.