Business News • MarketWire • Merchants Bancshares, Inc. Announces 2009 Results |
Merchants Bancshares, Inc. Announces 2009 Results |
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Merchants Bancshares, Inc. Announces 2009 Results
SOUTH BURLINGTON, VT--(Marketwire - January 27, 2010) - Merchants Bancshares, Inc. (NASDAQ: MBVT), the parent company of Merchants Bank, today announced net income of
$12.48 million or diluted earnings per share of $2.04 for the year ended
December 31, 2009. This compares with net income of $11.92 million or
diluted earnings per share of $1.96 for the previous year. Merchants earned
$3.80 million or diluted earnings per share of $0.62 for the quarter ended
December 31, 2009, compared to net income of $3.06 million or diluted
earnings per share of $0.51 for the same quarter of the previous year.
Merchants previously announced the declaration of a dividend of 28 cents
per share, payable February 18, 2010, to shareholders of record as of
February 4, 2010.
View More : http://www.marketwire.com/mw/release.do?id=1108316&sourceType=3
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