Business News • MarketWire • Abington Bancorp, Inc. Announces Results for the Fourth Quarter of 2009 |
Abington Bancorp, Inc. Announces Results for the Fourth Quarter of 2009 |
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Abington Bancorp, Inc. Announces Results for the Fourth Quarter of 2009
JENKINTOWN, PA--(Marketwire - January 29, 2010) - Abington Bancorp, Inc. (the "Company")
(NASDAQ: ABBC), the parent holding company for Abington Bank (the "Bank"),
reported a net loss of $2.0 million for the quarter ended December 31,
2009, compared to a net loss of $3.9 million for the quarter ended December
31, 2008. The Company's basic and diluted loss per share were both $0.10
for the fourth quarter of 2009 compared to a basic and diluted loss per
share of $0.18 for the fourth quarter of 2008. Additionally, the Company
reported a net loss of $7.2 million for the year ended December 31, 2009,
compared to net income of $2.1 million for the year ended December 31,
2008. The Company's basic and diluted loss per share were both $0.36 for
2009 compared to basic and diluted earnings per share of $0.10 and $0.09,
respectively, for 2008.
View More : http://www.marketwire.com/mw/release.do?id=1109587&sourceType=3
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