NewzAMES, Iowa (AP) — AMES, Iowa (AP) — Ames National Corp. (ATLO) on Friday reported third-quarter net income of $7 million. The Ames, Iowa-based bank said it had earnings of 80 cents per share.
The bank posted revenue of $27.1 million in the period. Its revenue net of interest expense was $20.4 million. Ames National shares have increased 39% since the beginning of the year.
In the final minutes of trading on Friday, shares hit $31.91, a rise of 62% in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ATLO at https://www.zacks.com/ap/ATLO Source
(AP) — Hingham Institution for Savings (HIFS) on Friday reported net income of $12.7 million in its third quarter. The bank, based in Hingham, Massachusetts, said it had earnings of $5.72 per share. Earnings, adjusted for non-recurring gains, were $5.37 per share.
The community bank posted revenue of $56.1 million in the period. Its revenue net of interest expense was $26.4 million. Access a Zacks stock report on HIFS at https://www.zacks.com/ap/HIFS Source
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