AB&T Financial Corp. Reports Financial Results for the Fourth Quarter and Year-End 2018
January 31, 2019 at 02:42 pm
AB&T Financial Corporation reported financial results for the fourth quarter and year-end 2018. For the quarter ended December 31, 2018, net income available to common shareholders was $331,000 or $0.011 and $0.010 per basic and diluted share, compared to net income available to common shareholders of $480,000 or $0.015 per basic and diluted share for the quarter ended December 31, 2017.
For the twelve months ended December 31, 2018, Earnings increased by $183,000 to $1,022,000 compared to net income available to common shareholders of $839,000 for the calendar year 2017. Fully diluted and basic earnings per share for the twelve months ended December 31, 2018 were $0.033 and $0.032 respectively, compared to $0.027 and $0.026 for the same period in 2017.