Business NewsMarketWire • Abington Bancorp, Inc. Announces Results for the Third Quarter of 2010

Abington Bancorp, Inc. Announces Results for the Third Quarter of 2010

Abington Bancorp, Inc. Announces Results for the Third Quarter of 2010

JENKINTOWN, PA--(Marketwire - October 29, 2010) - Abington Bancorp, Inc. (the "Company") (NASDAQ: ABBC), the parent holding company for Abington Bank (the "Bank"), reported net income of $2.2 million for the quarter ended September 30, 2010, compared to a net loss of $7.0 million for the quarter ended September 30, 2009. The Company's basic and diluted earnings per share were $0.12 and $0.11, respectively for the third quarter of 2010 compared to basic and diluted loss per share of $0.36 for the third quarter of 2009. Additionally, the Company reported net income of $5.7 million for the nine months ended September 30, 2010, compared to a net loss of $5.2 million for the nine months ended September 30, 2009. Basic and diluted earnings per share were $0.31 and $0.29, respectively, for the first nine months of 2010 compared to basic and diluted loss per share of $0.26 for the first nine months of 2009.

View More : http://www.marketwire.com/mw/release.do?id=1344116&sourceType=3
Releted News by marketwire
Pacific Orient Capital Inc. Announces Conditional Acceptance of Qualifying Transaction and Filing of Filing Statement
Abington Bancorp, Inc. Announces Results for the Third Quarter of 2010