American Business Bank Reports Record Quarterly Earnings of $15.9 Million
American Business Bank reported record Q1 net income of $15.9 million, or $1.73 per diluted share, up 33% year-over-year. The bank’s net interest margin expanded to 3.93% for the seventh consecutive quarter, driving a 20% rise in net interest income to $41.7 million.
Key figures
- Eps
- 1.73
- Revenue
- $41.7 million
- Revenue Yoy
- 20%
AI analysis
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