Citizens: 4Q Earnings Snapshot
PHILADELPHIA (AP) _ Citizens Holding Co. (CIZN) on Friday reported fourth-quarter net income of $1.7 million, after reporting a loss in the same period a year earlier.
The Philadelphia-based bank said it had earnings of 35 cents per share.
The bank posted revenue of $10.3 million in the period. Its revenue net of interest expense was $8.6 million, topping Street forecasts.
For the year, the company reported profit of $6.7 million, or $1.36 per share. Revenue was reported as $35.5 million.
Citizens shares have risen 1.5 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $21.31, a fall of 2 percent in the last 12 months.