Newz(AP) β Southern Missouri Bancorp Inc. (SMBC) on Wednesday reported fiscal first-quarter profit of $19 million. On a per-share basis, the Poplar Bluff, Missouri-based company said it had profit of $1.73.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.67 per share. The bank holding company posted revenue of $83 million in the period.
Its adjusted revenue was $53.1 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $52.6 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research.
Access a Zacks stock report on SMBC at https://www.zacks.com/ap/SMBC Source LOS ANGELES (AP) β LOS ANGELES (AP) β Cathay General Bancorp (CATY) on Wednesday reported third-quarter net income of $95.2 million. The bank, based in Los Angeles, said it had earnings of $1.43 per share.
The results missed Wall Street expectations. The holding company for Cathay Bank posted revenue of $387.9 million in the period. Its revenue net of interest expense was $254.6 million, which beat Street forecasts.
Three analysts surveyed by Zacks expected $228.2 million. Access a Zacks stock report on CATY at https://www.zacks.com/ap/CATY Source (OSBC) on Wednesday reported third-quarter net income of $28.9 million.
Summary from source