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Share this article Share this article GLENS FALLS, N.Y., April 27, 2021 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS® – AROW) announced operating results for the three-month period ended March 31, 2021. Net income for the first quarter of 2021 was $13.3 million, compared to $8.1 million in the first quarter of 2020. Net interest income increased to $26.2 million in the first quarter of 2021, compared to $23.0 million for the comparable quarter of 2020. Annualized key profitability ratios remained strong, as measured by a return on average equity (ROE) of 15.81% and a return on ave...

United Bancshares, Inc. Reports First Quarter 2021 Results Results Include Robust Earnings Growth for the First Quarter of 2021 COLUMBUS GROVE, Ohio, April 22, 2021 (GLOBE NEWSWIRE) — United Bancshares, Inc. (NASDAQ: UBOH) Highlights Pretax net income of $5.0 million Return on Average Assets of 1.66% Return on Average Tangible Equity of 19.94% Earnings per share of $1.26 Full Details Commentary from our CEO United Bancshares President and Chief Executive Officer, Brian D. Young said, “We are pleased to report these strong results for the first quarter of 2021. Our results include pre-...

BBVA USA reports fourth quarter 2020 results 4Q20 net income of $334 million - Revenue: Total revenue of $969 million, up 18 percent (annualized) from third quarter 2020 levels as both net interest income (+16 percent annualized) and noninterest income (+24 percent annualized) post double digit gains - Expenses: Noninterest expense totals $578 million, down 12 percent (annualized) on a linked quarter basis and down 6 percent from the year ago quarter, excluding goodwill impairment. Efficiency ratio ends the quarter at 58.98 percent compared to 63.55 percent on a linked quarter basis and 67.92...

Share this article GLENS FALLS, N.Y., Jan. 28, 2021 /PRNewswire/ -- Arrow Financial Corporation (NasdaqGS ® – AROW) announced operating results for the three- and 12-month periods ended December 31, 2020. For the fourth quarter of 2020, net income was $12.5 million, an increase of $2.8 million, or 28.3%, from the fourth quarter of 2019. For the year ended December 31, 2020, net income was a record $40.8 million, up 8.9% over net income of $37.5 million for 2019. Diluted EPS was $0.81 for the fourth quarter, up 28.6% from $0.63 from the comparable 2019 quarter, and $2.64 for 2020, up 8.5% ...

Share this article Share this article SACRAMENTO, Calif. and VISALIA, Calif., Jan. 27, 2021 /PRNewswire/ -- Suncrest Bank (OTCQX: SBKK) today reported unaudited financial results for the fourth quarter and full year of 2020. "Suncrest Bank has delivered an exceptionally strong year despite the challenges faced in 2020. We posted net income of over $13 million, increased EPS by almost 12% to $1.06, our return on average tangible assets was 1.14%, and our efficiency ratio was under 52% for the year," said Mr. Ciaran McMullan, President and CEO of Suncrest Bank. "Our momentum continued to build...