AB&T Financial Corp. Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2020
July 28, 2020 at 03:18 pm EDT
AB&T Financial Corp. announced unaudited earnings results for the second quarter and six months ended June 30, 2020. For the quarter, net income available to common shareholders was $455,000 or $0.014 per basic and diluted common share, compared to net income available to common shareholders of $250,000 or $0.008 per diluted common share for the quarter ended June 30, 2019.
Earnings for the first six months of 2020 increased by $157,000 to $689,000, compared to earnings of $532,000 for the same period in 2019. Fully diluted earnings per common share for the six months ended June 30, 2020 were $0.022 compared to $0.017 for the same period in 2019.