Business News • MarketWire • Central Bancorp, Inc. Reports Financial Results for the Three and Twelve Months Ended March 31, 2010 |
Central Bancorp, Inc. Reports Financial Results for the Three and Twelve Months Ended March 31, 2010 |
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Central Bancorp, Inc. Reports Financial Results for the Three and Twelve Months Ended March 31, 2010
SOMERVILLE, MA--(Marketwire - May 7, 2010) - Central Bancorp, Inc. (NASDAQ: CEBK) (the
"Company") today reported that its net income for the quarter ended March
31, 2010 totaled $725 thousand and net income available to common
shareholders for the quarter ended March 31, 2010 totaled $571 thousand, or
$0.37 per diluted common share, as compared to a net loss of $1.1 million
and a net loss available to common shareholders of $1.2 million, or $0.86
per diluted common share, for the comparable prior year quarter. The
Company's net income for the twelve months ended March 31, 2010 was $2.0
million and net income available to common shareholders for the twelve
months ended March 31, 2010 was $1.4 million, or $0.92 per diluted common
share as compared to net loss of $6.2 million and a net loss available for
common shareholders of $6.4 million, or $4.58 per diluted common share, for
the fiscal year ended March 31, 2009. Th
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