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Access National posts 4Q profit

RESTON, Va. (AP) _ Access National Corp. (ANCX) on Tuesday reported fourth-quarter earnings of $3 million.

The bank, based in Reston, Virginia, said it had earnings of 15 cents per share. Earnings, adjusted for pretax expenses and non-recurring costs, were 32 cents per share.

The parent company of Access National Bank posted revenue of $35.8 million in the period. Its adjusted revenue was $32.6 million.

For the year, the company reported profit of $16.5 million, or 92 cents per share. Revenue was reported as $116.5 million.

Access National shares have increased almost 4 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.90, a climb of slightly more than 8 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ANCX at https://www.zacks.com/ap/ANCX